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 completes lease-up at 80-unit rental project in Union, eyes second phase

A developer has completed its lease-up at an 80-unit luxury apartment building in Union, touting the milestone despite opening just weeks before the state’s coronavirus outbreak.

Residential & Mixed Use
Developer launches site work, proceeds with adaptive reuse of historic Paterson complex

A developer is moving ahead with a sweeping adaptive reuse plan in Paterson, where it hopes to transform a historic industrial complex into a destination for residents and businesses.

Residential & Mixed Use
Larken accepting reservations, eyes mid-2021 debut for Hillsborough apartments

Larken Associates is taking reservations for a collection of more than 190 apartments that is now under construction in Hillsborough.

Residential & Mixed Use
Closings, move-ins underway at 79-story condo tower in Jersey City

A new 79-story condominium tower in Jersey City has welcomed its first residents, with closings underway at what is the state’s tallest residential building.

Residential & Mixed Use
Developers, public officials kick off 70-unit veterans’ housing project in Monmouth County

A joint venture has broken ground on a 70-unit multifamily project in Tinton Falls that will be geared toward homeless veterans and others who served in the U.S. armed forces.

Finance & Capital Markets
Investors Bank touts $90 million in New Jersey loans among recent CRE activity

Investors Bank has closed nearly a dozen commercial real estate loans valued at $227 million in recent months, including more than $90 million in transactions for its New Jersey clients.

Residential & Mixed Use
BNE, Sterling plan fall opening for new 110-unit rental project in Piscataway

A development team is set to unveil a collection of 110 upscale apartments in Piscataway, touting a suburban setting with quick access to the region’s vast highway network.

Residential & Mixed Use
Russo touts fast start at newest multifamily project in Kearny

Russo Development is hailing continued success in Kearny, having leased 20 percent of its latest luxury apartment complex in the municipality.

Events
NAIOP honors deals of the year, industry icons as virtual gala marks 50th anniversary

The state’s commercial real estate community gathered virtually on Wednesday as NAIOP New Jersey honored a group of transformative projects and industry leaders, including the family of a developer who helped found the chapter a half-century ago.

Residential & Mixed Use
JMF touts new amenities at Denville townhome community

JMF Properties has completed a series of upgrades at a luxury townhome complex in Denville, seeking to accommodate residents who are spending more time at home.