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
Kislak: Boutique rental building in Hackensack sells for $3.3 million

The developer of a new eight-unit luxury apartment building in Hackensack has sold the property for $3.3 million, in a newly announced deal by The Kislak Co. Inc.

Residential & Mixed Use
OneWall sells 641-unit portfolio in Newark, Irvington for $72 million

A multifamily investment firm has sold a seven-building, 641-unit portfolio in Newark and Irvington for $72 million, nearly doubling the price it paid for the properties in 2016.

Residential & Mixed Use
Developer details 902-unit apartment tower in Journal Square

A developer has unveiled plans to build a 42-story, 902-unit apartment tower in the burgeoning Journal Square section of Jersey City.

Finance & Capital Markets
Jersey City developer lands $20 million loan for new 72-unit rental building, JLL says

The developer of a 72-unit apartment building in Jersey City has refinanced for more than $20 million, in a newly announced transaction by JLL.

Top News
PRC Group’s Kaye gifts $1 million to NJCU performing arts project

Longtime developer Robert M. Kaye has gifted $1 million to New Jersey City University, providing additional support for the school’s planned performing arts complex in Jersey City.

Finance & Capital Markets
G.S. Wilcox inks $267 million in loans in North Jersey, Long Island for life insurance lender

G.S. Wilcox & Co. has announced $267 million in new loan activity in New Jersey and New York on behalf of a longtime life insurance company client.

Technology
Denholtz Properties sees innovation as crucial to business operations, investor relations

Denholtz Properties has spent nearly a decade seeking to modernize and weave technology into virtually every facet of its operation, in an effort that became all the more pronounced in 2020.

Finance & Capital Markets
Peapack-Gladstone Bank names new top executives in commercial banking

Peapack-Gladstone Bank has made two key promotions within its commercial lending team, elevating two veteran bankers with a combined six decades of experience.

Residential & Mixed Use
Rose Real Estate inks multifamily sales in Belleville, Plainfield

Three apartment buildings in Union and Essex counties have changed hands for a combined $6.95 million, in a set of newly announced transactions by Rose Real Estate LLC.

Finance & Capital Markets
JLL: Ironstate inks $91 million loan package for Hoboken rental buildings

Ironstate Development has landed more than $90 million in financing for a pair of luxury apartment buildings in northern Hoboken, in a transaction arranged by JLL.