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.

Developers break ground on 219-unit apartment project in Rahway

AST Development Corp. and Sterling Properties are partnering on another project in Rahway, where they’ve started construction on more than 200 new luxury apartments.

Progress brokers $4.3 million loan for Passaic residential project

The developer of a new 40-unit multifamily building in Passaic has secured more than $4 million in financing, Progress Capital Advisors said last week.

Lennar subsidiary breaks ground on 180-unit Jersey City project

Construction is underway on a new mixed-use project that calls for bringing 180 apartments, retail space and a black-box theater to an arts district in downtown Jersey City.

Developer unveils 130-unit, waterfront condo building in Asbury Park (SLIDESHOW)

A developer has taken the wraps off a new luxury condominium building in Asbury Park, the latest piece of its high-profile, $300 million redevelopment along the city’s iconic beachfront.

South Jersey garden apartments fetch $27.4 million

A private investor has paid more than $27 million for a 456-unit apartment complex in Camden County, brokers with The Kislak Co. Inc. said Wednesday.

Gebroe-Hammer touts $20.3 million in Middlesex, Monmouth apartment sales

A newly built, 38-unit apartment building in Perth Amboy has sold for more than $5.6 million, in one of several recent transactions announced Wednesday by Gebroe-Hammer Associates.

Affordable housing development breaks ground in Cherry Hill

Pennrose and a community organization have started construction on a new 160-unit affordable housing complex in Cherry Hill that will serve older adults and those with special needs.

Capodagli is adding to its fast-growing portfolio with new residential, hospitality projects

With nearly 1,000 apartments under construction and some 2,000 more in its pipeline, Capodagli Property Co. is preparing for the next phase of its growth by launching a new hospitality platform that will bring cafés and restaurants to its future developments.

In Hackensack, a proving ground for Cap Hospitality

In crafting the design of the new Cap Diner, Nicolas Geeraerts said he wanted to “bring a little bit” of New York and Brooklyn, while also staying true to New Jersey. He also aims to create a younger, millennial vibe that is also going to attract families. The overall objective is to create a place “that is approachable, pricewise, for everybody (and) … where a community can get together without one person being better than the next,” said Geeraerts, who oversaw the development of a high-end food hall above New York Penn Station.

Developer plans fall opening for Lakewood apartments

A developer is set to unveil a new 74-unit apartment complex in Lakewood, with plans to open the property as soon as this fall.