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
Walker & Dunlop’s New Jersey team closes $32 million apartment sale in Westchester

Investors have sold a 100-unit luxury apartment building in New York’s Westchester County for more than $32 million, in a deal by Walker & Dunlop’s New Jersey-based brokerage team.

Residential & Mixed Use
Vineland apartment complexes sell for $15.1 million, Kislak says

The longtime owner of two apartment complexes in Vineland has sold the properties for $15.1 million, according to The Kislak Co. Inc.

Residential & Mixed Use
Developers reveal interiors, amenity spaces at luxury apartments in Marlton (SLIDESHOW)

A joint venture is offering a look inside its new 338-unit luxury apartment complex in Evesham Township, where it announced the launch of leasing earlier this year.

Events
G.S. Wilcox touts $44 million in out-of-state loans for commercial, multifamily assets

G.S. Wilcox & Co. has arranged five new out-of-state loans on behalf of its clients, including $18 million in financing for the owner of a Long Island shopping center.

Residential & Mixed Use
Larken secures approval, plans 254 apartments at former office project site in Readington

Larken Associates has secured a local approval to build 254 luxury apartments along Route 22 in Readington, the site of what was once slated to be a professional office campus.

Residential & Mixed Use
Developer eyes launch of leasing at 276-unit rental project in Somerset County

Accurate Builders & Developers is nearing completion of a new 276-unit multifamily project just steps from NJ Transit rail service in Somerset County, the firm announced Tuesday.

Finance & Capital Markets
Hoboken apartment owner refinances for $22 million, JLL says

The owner of a two-building, 50-unit apartment property in Hoboken has secured nearly $22 million in financing, in a transaction arranged by JLL.

Finance & Capital Markets
Lee & Associates New Jersey inks $12.5 million construction loan for Orange project

Lee & Associates New Jersey has arranged a $12.5 million construction loan for a 51-unit multifamily project in Orange, the brokerage firm announced Monday.

Residential & Mixed Use
Ridgefield Park rental portfolio trades for $7.8 million, Marcus says

A private investor has acquired a 45-unit apartment portfolio in Ridgefield Park for nearly $8 million, in a newly announced transaction by Marcus & Millichap.

Professional Services
McManimon Scotland adds to redevelopment law practice group

McManimon, Scotland & Baumann LLC has made an addition to its commercial real estate team, one of five new hires for the Roseland-based law firm.