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
Pennrose, local officials unveil affordable, special needs housing in Woodbridge

Pennrose has opened the doors to a new 100-unit affordable and supportive housing complex in Woodbridge, following a four-year redevelopment effort in partnership with the township.

Residential & Mixed Use
PIRHL, HMFA kick off 86-unit affordable housing project in Somerset County

A development team has broken ground on a residential project that will bring 86 affordable apartments to families in Somerset County.

Government & Public Policy
NJAA members, lawmakers brave Nor’easter for annual PAC reception (SLIDESHOW)

Last week’s “bomb cyclone” Nor’easter was no match for an annual event hosted by the New Jersey Apartment Association, which drew some three dozen lawmakers and more than 150 attendees despite torrential rain and bruising winds.

Residential & Mixed Use
Gebroe-Hammer inks sale of 3,600 units in Q3

Gebroe-Hammer Associates is touting the sale of nearly 3,600 apartments during the third quarter, having inked 28 transactions with a combined value of more than $560 million.

Residential & Mixed Use
C&W inks sale of Morristown luxury apartment complex

An investment group has acquired a well-known, 217-unit luxury apartment complex adjacent to the downtown Morristown train station, brokers with Cushman & Wakefield said Monday.

Residential & Mixed Use
Bergen County apartment building fetches $3.6 million, Marcus says

A private investor has acquired a 20-unit apartment building in Bergen County for more than $3.6 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
KRE Group, Northwestern Mutual break ground on 507-unit tower in Jersey City

A joint venture has broken ground on a 38-story tower that will add more than 500 new luxury apartments to downtown Jersey City.

Residential & Mixed Use
CBRE inks $11.3 million in Middlesex County apartment sales

Two apartment complexes in Middlesex County have changed hands for a combined $11.3 million, under a set of newly announced transactions by CBRE.

Residential & Mixed Use
Mack-Cali details Jersey City acquisition, sale in Boston as part of $820 million 1031 exchange

Mack-Cali Realty Corp. is selling two Boston-area properties for a combined $411.5 million as part of a 1031 exchange involving a recently acquired luxury apartment complex in Jersey City.

Policy Page
Demographics and data inform sound decisions

Current and accurate data on population shifts and consumer spending enables the real estate industry, government officials and businesses to make informed choices on investments and resource allocation.