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
New York Life, Hartz ink $115 million mortgage for Secaucus rental property

New York Life Real Estate Investors has completed $115 million in financing for Hartz Mountain Industries and its newly completed, 469-unit apartment complex in Secaucus.

Residential & Mixed Use
Developer lands HMFA tax credits for South Jersey affordable housing projects

A developer has secured $32 million in financing commitments for a pair of affordable housing projects in Cumberland and Camden counties.

Residential & Mixed Use
Jersey City: Boutique condo building welcomes first residents (SLIDESHOW)

The first residents have moved into a new boutique condominium building in Jersey City, where buyers have snapped up more than two-thirds of its 71 luxury homes.

Residential & Mixed Use
Developers reveal amenities at new Weehawken apartments (SLIDESHOW)

Two months after the launch of leasing at a new 236-unit apartment building in Weehawken, a development team has unveiled everything there is to do at the high-end property.

Retail
Already a destination, Garden State Park prepares to add sports betting to retail and restaurant mix

A joint venture is starting on the final piece of more than 1 million square feet of retail and dining space in Cherry Hill, where it has created a destination over more than a decade of development.

The site is now primed to draw even larger crowds later this year with the completion of a new sports book, bar and restaurant, thanks to the recent legalization of sports betting in New Jersey.

Retail
Retailers ink 9,500 sq. ft. at new Jersey City rental project

Five retailers have combined to lease nearly 10,000 square feet on the ground floor of a newly built, 163-unit luxury apartment building on the west side of Jersey City.

Residential & Mixed Use
AC Devco eyes $62 million expansion of Stockton campus in Atlantic City

The next phase of Stockton University’s new campus in Atlantic City could begin as soon as this fall, with plans calling for a six-story residential building for more than 400 students.

Retail
Hampshire, Pinnacle win approvals to revive Montclair’s Lackawanna Plaza

Local officials have cleared the way for a joint venture to restore and reposition a century-old train station and retail plaza in Montclair, where the firms now hope to deliver more than 200,000 square feet of new commercial and residential space.

Finance & Capital Markets
Meridian inks $52 million refi for Aberdeen rental project

BNE Real Estate Group has secured $52 million in financing for a newly built, 227-unit apartment complex in Aberdeen, under a transaction arranged by Meridian Capital Group.

Office
Somerset acquires ex-AT&T campus, plans second Bell Works near Chicago

Riding the success of its Bell Works project — the adaptive reuse of the landmark Bell Labs campus in Holmdel — Somerset Development is taking its show on the road.