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.

Top News
Mack-Cali postpones annual meeting, citing ongoing talks with Bow Street

Mack-Cali Realty Corp. has postponed its annual stockholders meeting this week amid ongoing talks with a dissident investor group that has sought to take over its board.

Office
Investment firm acquires 292,000 sq. ft. office campus in East Windsor

A private investment firm has made its entrance to the Mercer County submarket, acquiring a four-building, 291,550-square-foot office campus in East Windsor.

Finance & Capital Markets
Joint venture lands $49 million loan for luxury rental project in Hackensack, JLL says

A development group has secured a nearly $49 million construction loan for a 271-unit luxury apartment building in Hackensack, under a newly announced transaction by JLL.

Residential & Mixed Use
FEM offers virtual tours at soon-to-be-complete condos in Long Branch

The developer of 42 luxury condominiums in Long Branch is offering virtual sales appointments, as it nears completion and prepares to welcome residents to the beachfront property.

Residential & Mixed Use
JMF set to unveil second phase of Plainfield rental project

JMF Properties has launched leasing at the second phase of a luxury apartment complex in Plainfield, bringing another 98 units to one of the city’s historic neighborhoods.

Residential & Mixed Use
New Brunswick apartment tower hits leasing milestone

A new apartment tower in downtown New Brunswick is now 50 percent leased, as interest continues despite the challenges of the coronavirus crisis.

Residential & Mixed Use
Woodbridge, Rahway apartment owner sells 87 units for $25.5 million

A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.

Residential & Mixed Use
West New York apartments sell for $2.1 million, Marcus says

A private investor has sold a 14-unit apartment property in Hudson County for more than $2 million, according to brokers with Marcus & Millichap.

Residential & Mixed Use
Jersey City names development team to launch 100-acre, mixed-income Bayfront project

Officials in Jersey City have unveiled the team that will kick off the 100-acre Bayfront project, a plan that would create the largest mixed-income development in the region.

Residential & Mixed Use
LanTree taps veteran Hovnanian exec as VP of construction management

LanTree Developments has hired a veteran industry executive to help manage its growing construction pipeline of multifamily projects.