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
Jersey City rental tower by Ironstate, KRE earns LEED certification

As renters flock to a new 46-story apartment tower in Jersey City, the U.S. Green Building Council has endorsed the project for its sustainable design and construction.

Top News
Former Normandy partners detail plans for new private equity firm

Having completed the sale of the Normandy Real Estate Partners platform, three of the firm’s former principals have offered a glimpse at their next business endeavor.

Government & Public Policy
Former NJBA president, veteran developer named NAHB chairman

A former New Jersey Builders Association president has been elected chairman of the National Association of Home Builders, marking a milestone as the first Hispanic to assume the role.

Residential & Mixed Use
East Orange luxury rental project nearly 100 percent leased, developer says

The developer of a distinctive new mixed-use building in East Orange has leased more than 95 percent of the property’s 180 luxury apartments.

Sponsored Content
Real Estate NJ’s 2020 Market Forecast

A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.

Finance & Capital Markets
Joint venture inks $43 million refi for 288-unit rental complex in Plainsboro

A joint venture has landed a $43 million loan to refinance a 288-unit apartment complex in Plainsboro, following a series of upgrades aimed at creating value at the property.

Residential & Mixed Use
Gebroe-Hammer closes $20 million in multifamily sales along Parkway corridor

Five apartment properties with a combined 117 units have changed hands in Essex, Union and Monmouth counties, in a series of newly completed deals by Gebroe-Hammer Associates.

Finance & Capital Markets
G.S. Wilcox touts $57 million in new loans for commercial, multifamily clients

G.S. Wilcox & Co. has sourced a combined $13.2 million in financing for two commercial properties on Route 22, in transactions that come amid $57 million in recent activity.

Residential & Mixed Use
FREIT, Kushner Cos. agree to $266.5 million sale of 1,000-unit rental portfolio

A real estate investment trust is selling seven apartments properties in New Jersey and New York for $266.5 million, as the portfolio’s buyer continues to grow its suburban multifamily holdings.

People
MHS Architects hires project manager to support growing pipeline

Marchetto Higgins Stieve Architects has made its first new hire of 2020, continuing its rapid expansion amid the ongoing boom for luxury residential projects.