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
NAI Hanson inks sale of 170-acre tract in Pohatcong

A regional bank has sold a 170-acre parcel in Warren County, where three buyers are now weighing a range of potential uses.

Residential & Mixed Use
East Orange developer details plans for 201-unit apartment tower

A developer is on track to break ground on a new 18-story luxury residential tower in East Orange after winning approval for a payment in lieu of taxes agreement.

Residential & Mixed Use
Atlantic Realty begins construction for 1,200-unit town center project in Ewing (UPDATED)

Atlantic Realty Development Corp. has broken ground on a project that will bring nearly 1,200 apartments and 120,000 square feet of commercial space to the former site of a General Motors plant in Ewing.

Finance & Capital Markets
Progress inks $26 million construction loan for Manhattan condo project

Progress Capital has secured more than $26 million in financing for the construction of a luxury condominium complex on Manhattan’s Upper East Side.

Residential & Mixed Use
Marcus: Investors testing new markets amid competition for northern N.J. multifamily deals

Investor appetite for northern New Jersey’s multifamily sector showed few signs of slowing down in 2018, causing buyers to explore new frontiers in the market, move more aggressively and expand into other asset classes. That’s according to brokers with Marcus & Millichap, who say that out-of-market buyers from New York City and elsewhere have begun to pivot in recent months in order to find new deals.

Residential & Mixed Use
Prism details plans for redevelopment at Dunellen train station

Prism Capital Partners has unveiled its plans for a new 382-unit residential project alongside the Dunellen train station, where it expects to begin construction by next summer.

Residential & Mixed Use
HMFA, developer unveil renovated housing complex in Irvington

A developer has completed a major renovation of a 152-unit affordable rental complex in Irvington, thanks in large part to a state financing package.

Residential & Mixed Use
Ironstate, Pegasus open second phase of Harrison rental property (SLIDESHOW)

Ironstate Development Co. and Pegasus Group have opened the doors to another 270 apartments at a sprawling mixed-use community in Harrison.

Residential & Mixed Use
DMG executive promoted to CEO

The development firm behind a new 204-unit luxury condominium project in Cliffside Park has named a new chief executive.

Photos
PHOTOS: Waypoint, Hollister break ground on 235-unit rental project in Hackensack

Hollister Construction Services joined client Waypoint Residential recently to break ground on a new 235-unit luxury residential project in Hackensack.