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
New York investor buys Garfield rental property, its first New Jersey acquisition

An out-of-state investor has acquired a newly built, 75-unit apartment complex just steps from a train station in Garfield, in a newly announced transaction by CBRE.

Finance & Capital Markets
JLL inks $118 million loan package for Roseland apartment community

The owner of a 360-unit apartment community in Roseland has secured nearly $120 million in financing, in a newly announced transaction by brokers with JLL.

Residential & Mixed Use
New downtown Rutherford rental building hits leasing milestone

A new boutique rental building in downtown Rutherford has leased 75 percent of its available apartments just four weeks after opening to the public.

Residential & Mixed Use
Joint venture launches second phase of Bayonne project with new retail, 651 rentals

Developers have broken ground on the next phase of a mixed-use project in Bayonne, where they are planning more than 650 apartments and some 90,000 square feet of additional retail space.

Office
Realtor takes 5,000 sq. ft. at mixed-use Marlton project, WCRE says

A real estate brokerage is taking nearly 5,000 square feet of office space at a newly built, mixed-use property in the Marlton section of Evesham.

Residential & Mixed Use
Kislak inks $9 million apartment sale in Bergen County

An investor has acquired 40 residential units across two properties in Bergen County, under a nearly $9 million deal arranged by The Kislak Co. Inc.

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.