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.

Events
Milanaik to receive lifetime achievement award as NAIOP honors top CRE deals, professionals

Esteemed developer Jeff Milanaik will headline this year’s NAIOP New Jersey Commercial Real Estate Awards Gala, where the association will also unveil its coveted Deal of the Year winners while honoring several other key figures and service providers.

Events
SLIDESHOW: Thousands arrive for Atlantic Builders Convention in Atlantic City

Thousands descended on Atlantic City on Wednesday as the Atlantic Builders Convention kicked off its first full day, drawing a crush of developers, vendors and service providers to a sprawling exhibit floor and a series of programs at the Hard Rock Hotel & Casino.

Events
Atlantic Builders Convention returns with expanded programs, cautious optimism around housing policy in New Jersey

The Atlantic Builders Convention has returned to the Hard Rock Hotel & Casino, where cautious optimism around New Jersey housing policy comes alongside the excitement of a bigger convention floor, a revamped schedule of special events and an expanded lineup of seminars focused on everything from design trends and financing to environmental cleanup.

People
Lange joins Hampshire as chief financial officer

The Hampshire Cos. has named Carolyn Lange as its new chief financial officer, the Morristown-based real estate investment and development firm announced Tuesday.

Residential & Mixed Use
Filling the pipeline: Developers lining up plans for new housing projects in New Brunswick, seeking to meet demand from massive commercial investments

Developers are laying the groundwork for what could be a new wave of apartment construction in downtown New Brunswick, seeking to meet the needs of potentially thousands of new employees that will come from several transformative, large-scale commercial projects that are now taking shape.

Residential & Mixed Use
Tepper, Skylight join forces to launch ground-up multifamily development firm

Longtime development executive Russell Tepper has a new home and a new venture after teaming with Skylight Real Estate Partners to launch a ground-up multifamily platform.

Residential & Mixed Use
Renters flocking to 55+ property in Cherry Hill as Procida nears completion of final phase

Procida Funding & Advisors is touting its strongest leasing momentum yet at a new age-restricted, 507-unit residential property in Cherry Hill that it took over in 2023 after the site had faced multiple delays during two decades of development.

Finance & Capital Markets
Investment team lands $53 million HUD loan for updates to 308-unit Jersey City rental tower

A joint venture has secured nearly $53 million in federally backed financing to renovate and update a 308-unit mixed-income property in Jersey City.

People
Reynolds adds acquisitions, asset management directors alongside in-house general counsel

Reynolds Asset Management has expanded its leadership team in three key areas with the additions of Joe Raitt, Sam Magalnik and Matt Breuer.

Finance & Capital Markets
M&T closes $66 million Fannie Mae loan for 393-unit Union rental property

The new owner of a 393-unit luxury apartment complex in Union has closed on nearly $66 million in financing, in a transaction arranged by M&T Realty Capital Corp.