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
Brookfield, G&S Investors debut 432 apartments in Jersey City, completing two-tower project

Brookfield Properties has completed the second of two large residential towers in Jersey City, bringing another 432 luxury apartments to the city’s booming waterfront.

Finance & Capital Markets
Procida closes $9.5 million in loans for Paterson multifamily projects

The developer of two new apartment buildings in Paterson has secured more than $9.5 million in financing for the projects, in a set of newly completed transactions by Procida Funding.

People
Larken names new director of finance

Larken Associates has hired a veteran accounting manager as its new director of finance.

Residential & Mixed Use
RPM announces sale of famed ‘General’s House’ at Fort Monmouth residential site

RPM Development Group has inked the sale of a historic five-bedroom home in Oceanport, part of a collection of upscale dwellings that it has been marketing at the former Fort Monmouth.

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.