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.

South Jersey apartment complex trades for $32.1 million

A multifamily owner has sold a 546-unit garden apartment complex in Camden County for $32.1 million, in a newly announced sale arranged by Gebroe-Hammer Associates.

Raritan rental property refinances for $46 million

Meridian Capital Group has arranged a $46 million loan for a client to refinance a recently renovated, 224-unit apartment property in Somerset County.

Cliffside Park condo developer names new marketing director

The developer of a 204-unit condominium building in Cliffside Park has hired a new director of marketing.

Jersey City tower adds coffee shop to retail mix

An area coffee shop chain is opening its next Jersey City location at Vantage, the 45-story luxury apartment tower in the city’s Liberty Harbor North neighborhood.

SJP, local officials hail completion of second luxury tower in Fort Lee (SLIDESHOW)

A joint venture led by SJP Properties has formally unveiled its second 47-story apartment tower in Fort Lee, where local officials are hailing the project as a milestone decades in the making.

Lawmakers pass bill to create TOD office within NJ Transit

State lawmakers have approved a bill that would create an office of transit-oriented development within NJ Transit and require an annual inventory of the agency’s real estate holdings.

Planned Cos. wins NJAA maintenance competition, represents state at national event

A maintenance technician with Planned Cos. took home the gold at a recent competition hosted by the New Jersey Apartment Association, earning him a visit to a national event in San Diego.

SLIDESHOW: SJP unveils The Modern phase two

SJP Properties, Northwestern Mutual Life Insurance Co. and PGIM Real Estate recently hosted a ribbon-cutting ceremony at phase two of The Modern, a 900-unit luxury residential project at the base of the George Washington Bridge in Fort Lee.

How will building design or amenities change as the current multifamily cycle continues?

The patio and pool deck at SoHo West, a recently opened project in Jersey City by Manhattan Building Co. — File photo We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say.…

Report by business, labor groups fights back against criticism of incentives

Amid growing criticism of the state’s incentive programs, a group of prominent business and labor associations are aiming to set the record straight in Trenton.