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.

Residential & Mixed Use
Prism on track for spring completion at Woodbridge rental project

Prism Capital Partners is eyeing a spring delivery for more than 230 new apartments in downtown Woodbridge, as it nears a construction milestone for the mixed-use project.

Residential & Mixed Use
Paramount unveils new apartments at historic Newark commercial buildings

An investment firm is unveiling 47 new luxury apartments and commercial space at a pair of historic commercial buildings in downtown Newark.

Residential & Mixed Use
Rahway multifamily building fetches $26.5 million, Kislak says

A pension fund has sold 160 multifamily units in downtown Rahway for $26.5 million, under a newly announced transaction by The Kislak Co. Inc.

Professional Services
How CBRE webinar series became a pandemic staple — and a valuable tool going forward

CBRE’s tristate capital markets team has stayed connected with clients and colleagues throughout the pandemic, thanks to a series of webinars and virtual programs that have drawn thousands of viewers since the earliest days of the crisis in the U.S.

Residential & Mixed Use
Boutique apartment building drawing renters from around Bergen County

A developer is marking the grand opening of what it says is the first luxury apartment building in the Bergen County community of Bergenfield.

Finance & Capital Markets
Procida inks $40 million loan for 242-unit rental project in Carteret

The developer of a 242-unit apartment community in Carteret has secured nearly $40 million in financing, under a newly announced transaction by Procida Funding.

Residential & Mixed Use
Leasing underway at new 14-story apartment tower in Jersey City

A developer is welcoming its first residents to a collection of 148 luxury apartments in downtown Jersey City.

Residential & Mixed Use
Montclair rental building 50 percent leased

A new boutique apartment building in Montclair is 50 percent leased, reaching the milestone a month after opening its doors to residents.

Finance & Capital Markets
Kennedy Funding lends $2 million to Texas property owner

Kennedy Funding has closed on nearly $2 million in financing for the owner of two land tracts in Fort Worth, Texas, paving the way for a separate transaction in the city.

Residential & Mixed Use
NJBA honors top communities, professionals at annual SAM awards

Some of the state’s newest residential communities shared the spotlight last week, headlining dozens of honorees at an annual banquet hosted by the New Jersey Builders Association.