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
East Orange rental portfolio sold for $19.4 million

An out-of-state buyer has paid nearly $19.4 million to acquire a four-building, 200-unit apartment portfolio in East Orange, as part of a sale brokered by The Kislak Co. Inc.

Retail
Boutique wine shop commits to Jersey City rental building

A wine and spirits store has leased 5,000 square feet at the base of Modera Lofts, a 366-unit luxury apartment building inside a historic brick warehouse in Jersey City.

Sponsored Content
Kipcon seminars offer critical training, education for CRE industry

By Kipcon Engineering As continuing education has grown increasingly important, Kipcon Engineering has been filling that need for its commercial real estate clients for more than five years. Based in North Brunswick, the full-service engineering firm offers seminars and webinars…

Residential & Mixed Use
Developer set to begin ‘smart home’ apartments at NJCU campus project

For an apartment complex that will be built on university-owned land, the concept of a smart home seems all too fitting. That will be the case for a new 144-unit project by KKF Enterprises, part of a sweeping redevelopment on the western side of Jersey City.

Finance & Capital Markets
Financing will support 46-unit project in Long Branch, Progress Capital says

Progress Capital Advisors has brokered a $9 million loan to help spur construction of a new 46-unit multifamily building in downtown Long Branch.

Professional Services
Valuation firm becomes IRR’s northern N.J. office

A Livingston-based firm has joined Integra Realty Resources, the largest independent commercial real estate valuation, market research and consulting firm in North America.

People
Hollister promotes 11 in executive, project delivery ranks

By Joshua Burd Hollister Construction Services has announced nearly a dozen promotions within its executive and project delivery teams. The Parsippany-based firm said that both Brendan Murray and Matt Higgins have been promoted to the role of executive vice president.…

Residential & Mixed Use
Redwood brokers Middlesex Co. apartment sales

An investment firm has paid $4 million for two Middlesex County apartment properties, in a set of transactions arranged by Redwood Realty Advisors.

Residential & Mixed Use
CBRE: Paterson apartment building sells for $1 million

CBRE has arranged the $1 million sale of a 19-unit apartment building in Paterson.

Residential & Mixed Use
Weiss: New upscale rental project is latest step forward for Somerville

The Cobalt, a new 117-unit high-end apartment building at the site, has revitalized a long-vacant, formerly contaminated site just a block from Main Street in Somerville. In the process, Weiss Properties is offering a new living option for a town that is primed to tap into the market for walkable, transit-centric destinations.