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
Developer launches next phase of Jersey City project

Fields Construction Co. has broken ground on the second of two 15-story apartment buildings near St. Peter’s Prep high school in Jersey City, the firm announced.

People
Longtime Brandywine general counsel joins Duane Morris

Brad A. Molotsky has joined Duane Morris LLP as a partner in its real estate and energy, environment and resources practice groups, the law firm announced.

Finance & Capital Markets
Hampshire, CrownPoint sell Harrison community

The developers of a 104-unit apartment complex in Harrison have sold the property about a year after opening in the growing transit hub community, brokerage firm HFF said Tuesday.

Residential & Mixed Use
North Jersey apartments on pace for largest growth in years

More than 8,000 apartments will be delivered this year through new construction in northern New Jersey, the highest total of any year to date in the current real estate cycle.

Retail
C&W brokers sale of three Bayonne properties

Three mixed-use and commercial properties in Bayonne have new owners after a series of deals announced Thursday by Cushman & Wakefield.

Residential & Mixed Use
Hackensack seeks developer for mixed-use site

As new construction activity heats up in downtown Hackensack, the city is now seeking a developer to transform a parking lot into a mixed-use “gateway” to its central business district.

Residential & Mixed Use
Gebroe-Hammer touts $1.4B in deals through three quarters

Gebroe-Hammer Associates has brokered more than 100 multifamily deals totaling some $1.4 billion in value through the first three quarters of 2016, the firm announced.

Finance & Capital Markets
Apartment high-rise in Somerset County sells for $54M

The developer of an apartment tower just outside New Brunswick has sold the building for $54 million, in a deal brokered by HFF’s New Jersey office.

The Rundown
Emerson council considers vote to allow new mixed-use buildings downtown

A vote by local officials in Emerson could bring a developer one step closer to building a mixed-use project that would transform part of the town’s central business district.

Residential & Mixed Use
Circle Squared, Hampshire partner in apartment deal

Two Morristown-based firms are among those involved in the acquisition of a 216-unit apartment complex in Denver, the companies announced Monday.