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.

Government & Public Policy
Murphy halts all ‘non-essential’ construction in N.J., limiting residential and commercial activity

Gov. Phil Murphy on Wednesday tightened restrictions on the types of construction allowed under the state’s social distancing policies, as New Jersey continues its battle against the spread of COVID-19.

Residential & Mixed Use
Virtual tours paying dividends for new luxury rentals in Union

The launch of virtual tours and presentations is bearing fruit for a newly developed, 80-unit apartment building in downtown Union.

Features
Crockett talks diversity, messaging after becoming Mack-Cali’s first female chief administrative officer

Deidre Crockett has become an influential force at Mack-Cali Realty Corp., now serving as the REIT’s first-ever female chief administrative officer and executive vice president.

Finance & Capital Markets
CMC inks $11 million refi for 35-unit rental project in Fanwood

The owner of a newly completed, 35-unit apartment building in Fanwood has refinanced for $11 million, in a transaction arranged by Commercial Mortgage Capital.

Residential & Mixed Use
Russo launches virtual tours at Union rental project

With interest still strong at its new luxury rental complex in Union, Russo Development has launched a virtual leasing platform to help maintain that momentum.

Residential & Mixed Use
Pennrose launches virtual tours at New Brunswick PAC apartments

Prospective renters can now remotely tour one of New Brunswick’s newest luxury apartment buildings, part of a landmark performing arts center project in the downtown.

Residential & Mixed Use
Hammer: Eviction moratorium comes with ‘big fear’ for multifamily owners

Alan Hammer is not only a commercial real estate attorney with nearly 50 years of experience, but a self-described “hands-on” apartment operator in New Jersey and Pennsylvania. Simply put, he’s all too familiar with the dilemma that landlords in the region will face on the first of the month and beyond, with moratoriums on evictions during the coronavirus crisis.

Sponsored Content
JMF Properties brings major retail tenants to NJ

JMF Properties, one of New Jersey’s leaders in residential and commercial redevelopment, has emerged from 2019 with a growing roster of brand-name retail and hospitality tenants.

Residential & Mixed Use
Gebroe-Hammer inks Plainfield apartment sales totaling $15.2 million

A private investor has acquired a 70-unit garden apartment complex in Plainfield, in one of two newly announced transactions in the city by Gebroe-Hammer Associates.

Finance & Capital Markets
Buyer of Jersey City rental building lands $41 million loan, JLL says

The buyer of a newly developed, 104-unit apartment building in Jersey City has secured more than $40 million in financing, in a transaction arranged by JLL.