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.

Retail
Familiar territory

As you’ll read in this month’s cover story, a project aims to revive what should be prime real estate in East Brunswick, one that hugs a highway with daily traffic of 100,000 vehicles.

Residential & Mixed Use
HMFA touts opening of 75-unit senior housing complex in Freehold

A developer and state officials have marked the completion of an age-restricted, 75-unit affordable housing property in Freehold Township.

Residential & Mixed Use
Developer opens first phase of residential, retail project in downtown Union

A developer has unveiled an 80-unit luxury apartment building in downtown Union, the first piece of a plan that will span nearly 300 new homes and some 27,000 square feet of retail space.

Residential & Mixed Use
Duplex townhomes selling fast at Gold Coast condo building

A developer is touting a surge in demand for a collection of million-dollar townhomes in West New York, part of a 13-story condominium building along the Hudson River waterfront.

Government & Public Policy
Lennar to develop mixed-use town center at Fort Monmouth ‘gateway’ parcel, state says

State officials are detailing new plans for a town center development at the historic Fort Monmouth property, having agreed to sell a prominent 73-acre parcel to a Lennar Corp. affiliate.

Residential & Mixed Use
Development, project team eye groundbreaking for 170 apartments in Jersey City

A design and engineering team is highlighting its role in a two-building, 170-unit apartment project that is on the verge of breaking ground alongside a popular park in Jersey City.

Finance & Capital Markets
Jersey City: NYL inks $138 million loan for 45-story rental tower

A development team has landed financing for the second of two 45-story apartment towers in Jersey City, securing a $138 million loan from New York Life Real Estate Investors.

Residential & Mixed Use
Developers hail fast start at 219-unit rental project in Rahway

A joint venture has opened the doors to a new 219-unit luxury apartment building in downtown Rahway, offering a new living option just blocks from the city’s train station.

Residential & Mixed Use
Kokes hires vice president, project manager for growing development team

Kokes Properties has expanded its development and construction team with the addition of two veteran industry executives.

Finance & Capital Markets
Jersey City developer lands $120 million in debt, equity for 631-unit project, Progress Capital says

The developer of a 631-unit apartment building in Jersey City has secured $84 million in construction financing and $36 million in equity, Progress Capital announced Friday.