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.

Top News
Russo launches construction on third Kearny residential project

Russo Development has embarked on its third residential property in Kearny, hailing the start of a 268-unit project at the former site of baseball bat factory.

Residential & Mixed Use
Boutique rental building opens in downtown Rutherford (SLIDESHOW)

A developer is hailing the opening of a new 52-unit luxury apartment building in downtown Rutherford.

Residential & Mixed Use
CBRE: Investment group inks $75 million apartment sale in Bergen County

An investment group has reaped more than $75 million from the sale of two garden apartment complexes in Bergen County, brokers with CBRE announced Wednesday.

Residential & Mixed Use
Developer unveils 212-unit luxury rental project in Plainfield (SLIDESHOW)

JMF Properties is taking the wraps off its new 212-unit luxury rental community in Plainfield, one of the latest projects to come to the rapidly changing city.

Government & Public Policy
NJAA adds new VP of government affairs

The New Jersey Apartment Association has made a new addition to its influential government affairs team.

Residential & Mixed Use
Joint venture unveils 424-unit rental project in western Hoboken (SLIDESHOW)

A development group has opened the doors to its newest project in Hoboken, a 424-unit luxury apartment building on the city’s emerging west side.

Government & Public Policy
CBRE: Social services agency inks nine-building, $8.27 million portfolio sale

A nonprofit children’s services agency has sold nine properties totaling nearly 82,000 square feet, under a series of newly completed transactions by CBRE.

Retail
Mixed-use town center taking shape at master-planned site in Burlington County

A new town center is taking shape in Burlington County, serving as the focal point of more than 1,000 homes within a master-planned, 500-acre development that is two decades in the making.

Finance & Capital Markets
Cliffside Park condo developer lands $64 million inventory loan

DMG Investments has closed on a $64 million inventory loan for its newly developed, 14-story luxury condominium building in Cliffside Park.

Residential & Mixed Use
Morris Construction Management named owner’s rep for Long Branch condo project

The developer of a new oceanfront luxury condominium project in Long Branch has tapped Morris Construction Management LLC as its owner’s representative.