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.

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.

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.