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
Kennedy Funding closes loan to update Central Florida senior housing

A senior housing community in Central Florida is set to be renovated with the help of a newly completed loan by Englewood-based Kennedy Funding.

Professional Services
Gilbane taps Anderson as new business leader of New Jersey office

Gilbane Building Co. has a new leader in its New Jersey office after promoting John E. Anderson III, a veteran project manager and member of its team for more than a decade.

Finance & Capital Markets
JLL: Developers land permanent financing for 67-unit Ho-Ho-Kus rental project

A joint venture has closed on permanent financing for a newly completed, 67-unit luxury apartment property in Ho-Ho-Kus, brokers with JLL announced Wednesday

Residential & Mixed Use
JLL: Site Centers sells Edgewater property with Whole Foods, 64 apartments for $53 million

A local investor has acquired a Whole Foods-anchored retail center and 64 apartments in Edgewater for more than $53 million, in a newly announced deal by JLL.

Residential & Mixed Use
Bel Canto breaks ground on high-profile, 375-unit luxury rental project at Moorestown Mall

Construction is underway on a project that will bring 375 luxury apartments to Moorestown, in a key piece of the plan to transform excess land around the township’s well-known mall.

Residential & Mixed Use
Russo unveils 268-unit Belleville rental project, joining longtime local business owner

Russo Development is hailing the success of a new mixed-use apartment property in Belleville, where it has teamed with a well-known business to transform part of a key corridor.

Residential & Mixed Use
New 280-unit rental property in Newark more than 50 percent leased, Shorewood says

Shorewood Real Estate Group has rented more than 50 percent of The Ballantine, a new 280-unit luxury rental property at the onetime site of a historic brewery in Newark.

Residential & Mixed Use
Woodmont launches leasing at 120-unit townhome, apartment project in Lehigh Valley

Woodmont Properties has unveiled 120 new luxury rental homes in Pennsylvania’s Lehigh Valley, its latest addition to a development about 25 miles west of New Jersey.

Residential & Mixed Use
West New York, Bayonne rental properties totaling 32 units trade in separate deals by CBRE

Two apartment buildings with a combined 32 units have changed hands in Hudson County, in a set of newly announced transactions by CBRE.

Residential & Mixed Use
Updated 10-unit apartment building in North Bergen trades for $1.7 million, Cervelli says

A private investor has purchased a 10-unit apartment building in North Bergen for $1.68 million, according to a brokerage team with Cervelli Real Estate & Property Management.