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.

Finance & Capital Markets

JLL secures $12 million credit facility for apartment owner

The owner of four multifamily properties in the region has landed a $12 million credit facility, under a transaction arranged by JLL’s Morristown-based capital markets team.

People

Woodmont names new director of human resources

Woodmont Properties has added to its leadership ranks with the hiring of a veteran human resources director.

Hospitality & Tourism

Upscale Asbury Park hotel set to reopen after COVID shutdown

A luxury hotel along the Asbury Park waterfront is set to reopen after being closed due to the coronavirus outbreak.

Residential & Mixed Use

Hornrock unveils 62-unit rental property in Bergen County

Hornrock Properties has opened the doors to a 62-unit luxury apartment building in Bergenfield, touting the ongoing growth and revitalization of the Bergen County borough.

Residential & Mixed Use

C&W inks sale of Woodbridge redevelopment site to Russo, Onyx

Russo Development and Onyx Equities have closed on a 21-acre parcel in Woodbridge, clearing the way for a project that will add 376 apartments and new retail space to the township.

Government & Public Policy

Tantleff, Manicone primed to play key roles as NJBA officers

As the housing industry looks to move beyond the coronavirus crisis, two female executives are poised to play prominent roles as board members of the New Jersey Builders Association.

LeFraks donate $100,000 to Jersey City hospital foundation for COVID relief

The LeFrak family has contributed $100,000 to the Jersey City Medical Center Foundation to support the hospital’s growing needs in the face of the COVID-19 pandemic.

Residential & Mixed Use

Sterling, Willton unveil 208-unit apartment complex in East Rutherford

A development team has launched leasing at a collection of more than 200 upscale apartments in East Rutherford.

Residential & Mixed Use

Russo launches leasing at 268-unit rental community, its third in Kearny

Russo Development has taken the wraps off its third luxury apartment property in Kearny, delivering another 268 units to the Hudson County town.

Government & Public Policy

NJAA sounds alarm on rent repayment bill, citing unintended consequences

A new proposal by state lawmakers would require apartment landlords to set up payment plans with tenants who could not pay rent during the coronavirus crisis, but multifamily industry advocates are raising concerns about the bill’s unintended consequences.