Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Finance & Capital Markets
Investors Bank inks loans for Montclair, Lawnside apartments among recent activity

Investors Bank is touting the completion of more than $2 billion in commercial real estate lending volume in 2020, including continued financing of new construction and acquisitions.

People
Woodmont announces promotions in training, property management

Woodmont Properties has announced two new promotions tied to its expanded focus on training and career development.

Residential & Mixed Use
Iron Ore, AMJ eye start of 120-unit rental project in Plainfield after site acquisition

A joint venture is nearing the start of construction for a new 120-unit apartment building in Plainfield, in a project that will redevelop the site of a blighted industrial property.

Residential & Mixed Use
Kislak touts multifamily asset sales in northern, central New Jersey totaling $49 million

A developer has sold a Somerset County apartment property for $35 million, in the largest of several newly announced deals by The Kislak Co. Inc.

Residential & Mixed Use
LeFrak, Simon announce artist for lobby piece at new Jersey City residential tower

The LeFrak and Simon families have picked a local artist to design and execute a feature piece for a new luxury apartment tower in Jersey City’s iconic Newport neighborhood.

Top News
Mack-Cali names new CEO, as Gilmartin steps down as board chair

Mack-Cali Realty Corp.’s Harborside complex in Jersey City — Courtesy: Mack-Cali By Joshua Burd Mack-Cali Realty Corp. has named its new CEO, while announcing that MaryAnne Gilmartin has stepped down as board chair after leading the search for the new…

Residential & Mixed Use
Multifamily industry veteran joins FirstService high-rise division

FirstService Residential has named a new regional director in its high-rise division, bolstering its property management team along the northern New Jersey waterfront.

Residential & Mixed Use
Fort Monmouth residential project nearly sold out, RPM says

The first residential development at the repositioned Fort Monmouth property is nearly sold out, according to the team of RPM Development Group and CB New Homes of Madison.

Residential & Mixed Use
Ironstate, Pegasus unveil 310-unit rental project, their latest in Harrison

Ironstate Development Co. and the Pegasus Group have taken the wraps off a collection of 310 apartments in Harrison, their latest project along the town’s still-growing waterfront.

Residential & Mixed Use
CBRE: Developer closes on seven-acre site in Jersey City, eyes major residential project

A developer has acquired a series of parcels on the west side of Jersey City for $25.5 million, with plans calling for a large residential project across more than seven acres.