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.

Professional Services
Kislak announces four promotions, honors brokers during annual ceremony

The Kislak Co. Inc. has announced four promotions among its team of brokers.

Finance & Capital Markets
JLL: Developer lands $90 million loan for two-phase, 1,100-unit project in Harrison

A developer is nearing completion of 205 apartments in Harrison and is preparing to build another 898 units nearby, having secured nearly $90 million in financing for the project.

Professional Spotlight
Giordano names new shareholder, chairs across real estate and land use teams

Giordano, Halleran & Ciesla has named a new shareholder and two new chairs within its team of real estate and land use attorneys.

Residential & Mixed Use
REIT eyes plan to reposition South Jersey mall with 1,100 apartments, hotel

The owner of a Burlington County mall is moving ahead with plans to transform the property with the addition of more than 1,000 apartments and a hotel.

Residential & Mixed Use
Walters plans spring debut for age-restricted rental project in Marlton

A developer is nearing the completion of a new 68-unit, age- and income-restricted apartment building in the Marlton section of Evesham.

Residential & Mixed Use
South Orange apartments trade for $84 million, CBRE says

An investor has acquired a 200-unit luxury apartment complex in South Orange for more than $84 million, in a newly completed transaction by CBRE.

Finance & Capital Markets
CBRE institutional properties team inks 23 deals for $1.5 billion in 2020

The CBRE team behind a host of high-profile investment sales in the region closed 23 transactions in 2020, the firm announced, touting a combined value of more than $1.5 billion.

Residential & Mixed Use
Developer unveils indoor amenities at luxury rental complex in Bogota (SLIDESHOW)

The builder of a new 421-unit luxury apartment building in Bogota has unveiled the property’s vast selection of indoor amenities.

Residential & Mixed Use
Long Branch condo developer preps for winter sales season, with 80 percent of homes sold

The developer of 57 beachfront condominiums in Long Branch has sold more than 80 percent of the homes, as it readies for what it hopes will be a busy winter selling season.

Government & Public Policy
NJAA pushes back as Murphy calls for multiyear repayment plans for past due rent

The New Jersey Apartment Association is raising new concerns about a bill that would create long-term repayment plans for renters impacted by the pandemic, following Gov. Phil Murphy’s latest show of support for the measure during his recent State of the State address.