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
JLL marketing 22-acre development site at Linde campus in New Providence

Chemical maker Linde is seeking a buyer for the site of a vacant research building in New Providence, where it has secured approvals for up 297 multifamily units.

Residential & Mixed Use
Marcus: Jersey City building with 17 apartments, commercial space trades for $2.8 million

An investment group has acquired a 14,325-square-foot mixed-use building in Jersey City for $2.8 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Dozens of closings completed at Jersey City condo tower, with 150 expected by year-end

The developer of a landmark 79-story condominium tower in Jersey City has completed its first 70 closings at the waterfront property.

Finance & Capital Markets
Developer secures construction loan for 50-unit rental project in Orange

PEEK Properties has landed a nearly $10 million construction loan for a 50-unit multifamily project in Orange, the first piece of a three-phase development in the municipality.

Residential & Mixed Use
Kislak inks $16.4 million sale of age-restricted complex in Hamilton

A large multifamily owner has expanded its portfolio in the state, acquiring 75 units and an adjacent development site at an active adult community in Hamilton.

Residential & Mixed Use
Ironstate, Brookfield announce three retail, medical leases at Montclair project

A joint venture has signed its first three commercial tenants at a soon-to-be-completed, mixed-use project in downtown Montclair, inking leases with an arts education school, an indoor rock-climbing gym and a well-known health care provider.

Residential & Mixed Use
Mixed-use building in Hudson County trades for $1.3 million, Marcus says

A private investor has acquired a mixed-use property in Union City for more than $1.3 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Plainfield planning board approves new apartment projects, Taylor Architecture says

An architecture firm is touting approval by Plainfield’s planning board of two projects that would bring another 24 apartments to the city.

Finance & Capital Markets
Progress inks $16 million construction loan for Bronx project

The developer of a 53-unit, mixed-income residential project in the Bronx has secured a $16 million construction loan, in a transaction arranged by Progress Capital.

Policy Page
A mid-pandemic snapshot of the CRE industry

While there has been some gradual improvement in commercial real estate deal activity from earlier this year, nearly half of those taking part in a recent NAIOP survey believe the pandemic will significantly affect their business operations for at least another 12 months.