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
Seller reaps $7.3 million in 64-unit Newton apartment deal, Kislak says

A private owner has reaped $7.3 million from the sale of two garden apartment complexes in Sussex County, brokers with The Kislak Co. Inc. announced Tuesday.

People
Denholtz adds first-ever director of development among newest hires

Denholtz Properties has bolstered its in-house development and construction teams with three new hires, as it looks to manage and grow its pipeline of projects in the region.

Residential & Mixed Use
Leasing at Hoboken rental building still strong as in-person tours resume

A new 424-unit apartment building in Hoboken has resumed in-person tours, following a successful spring in which leasing agents used virtual showings to lure prospective renters.

Residential & Mixed Use
Zinder: Princeton apartments open after conversion of historic building

A local architect is touting the conversion of a historic building in Princeton to a new 10-unit residential property, bringing much-needed housing to the university town.

Finance & Capital Markets
Maplewood rental project inks construction financing, JLL says

A developer has secured construction financing for a project that will bring new apartments and commercial space to downtown Maplewood, in a newly announced transaction by JLL.

Government & Public Policy
Kolakowski named NJBA chief executive

The New Jersey Builders Association has tapped a longtime member of its leadership and government affairs team as its new CEO.

Finance & Capital Markets
JLL taps Klein as co-head of New Jersey capital markets group

JLL has named a new co-head of its New Jersey capital markets team, tapping a veteran broker to oversee the firm’s debt and equity placement business in the region.

Government & Public Policy
State seeking new bids, proposals for 80-acre ‘gateway’ parcel at Fort Monmouth

One of the top parcels at the former Fort Monmouth site is back on the market, as state officials seek a new plan for bringing residential and commercial uses to the 80-acre development site.

Residential & Mixed Use
Gebroe-Hammer inks $460 million in multifamily sales in first half of 2020

Gebroe-Hammer Associates is touting the completion of nearly $460 million in multifamily sales year to date, thanks in part to its ongoing activity during the height of the coronavirus crisis.

Residential & Mixed Use
Developers break ground in Hackensack, eyeing transformation of ex-Record site

A development team has completed the foundation for a luxury residential project in Hackensack, paving the way for a first phase that will include more than 270 apartments.