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
BNE, HornRock launch leasing at 257-unit project in Harrison

A new high-end apartment building in Harrison will soon welcome its first residents, bringing the latest infusion of renters to the town’s redeveloped waterfront.

Residential & Mixed Use
Developer obtains CO for luxury condo building in Cliffside Park

A new luxury condominium tower in Cliffside Park has received its certificate of occupancy, its developer said, touting it as a milestone in the rollout of the 14-story building.

Residential & Mixed Use
With conversion nearly complete, leasing launches at iconic Newark tower

A development group has nearly completed its restoration of a landmark tower in downtown Newark, where it will soon debut 265 apartments and a mix of new commercial space.

Residential & Mixed Use
Developer completes latest Ocean County rental project

Walters has completed its latest multifamily project in southern Ocean County, unveiling an age- and income-restricted rental community in Stafford Township.

Government & Public Policy
HMFA: Tax credits will fund affordable 1,200 units, focus on Opportunity Zones

The state has detailed plans to finance 1,200 affordable housing units under a federal tax credit program, with an added focus on projects in Opportunity Zones and other newly added criteria.

Residential & Mixed Use
Developers break ground on next phase of NJCU-led redevelopment in Jersey City

A joint venture has launched the next phase of a major project in Jersey City, breaking ground on nearly 200 apartments under a redevelopment spearheaded by New Jersey City University.

Finance & Capital Markets
KRE Group inks $45 million construction loan for Bayonne project

Bayonne,Kushner Real Estate Group,Harbor Station North,PNC Bank,People’s United Bank,151 Centre St., avison young

Office
Rising Tide opens Jersey City headquarters with affordable housing, co-working space

A nonprofit has unveiled its newly acquired headquarters in Jersey City, where it will combine affordable housing, classrooms and co-working space in support of underserved entrepreneurs.

Residential & Mixed Use
Cervelli: 1031 buyer acquires nine-unit rental building in Jersey City

A nine-unit apartment building in Jersey City has changed hands, following a sale arranged by Cervelli Real Estate & Property Management.

Residential & Mixed Use
Union rental complex teams with area businesses, employers for discount program

The owner of a new apartment complex in Union has partnered with some of the area’s top employers on a series of incentives aimed at drawing renters to the property.