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
Stockton, AC Devco proceeding with new Atlantic City residence hall

A development team is moving ahead with plans for a new Stockton University residence hall in Atlantic City, the next phase of a major redevelopment in a key section of the resort town.

Top News
NJBA, NAIOP postpone events amid coronavirus concerns

The escalating coronavirus crisis rippled through New Jersey’s commercial real estate sector on Thursday, as two top trade associations were among those to postpone upcoming events.

Residential & Mixed Use
Final phase of Wood-Ridge transit village project secures site plan approval

A development team has secured a key approval for the final piece of a long-running plan to transform a piece of the former Curtiss-Wright aircraft plant in Wood-Ridge.

Finance & Capital Markets
Parkview inks $56 million loan for Elizabeth rental project

A developer has secured a $56 million loan for its plan to build 274 apartments at the site of a former hospital in Elizabeth, under a newly completed transaction by Parkview Financial.

Office
Financial group takes 3,000 sq. ft. at Marlton project, Vantage RES says

A financial services firm has leased more than 3,000 square feet of office space in Burlington County, in a newly announced transaction by Vantage Real Estate Services.

Government & Public Policy
Newark to seek ‘transit village’ designation for historic Four Corners neighborhood

The city of Newark will seek a “transit village” designation from the state for a busy stretch of its downtown, seeking to unlock grant funding that will help shape redevelopment efforts.

Events
Coming soon: The 2020 Atlantic Builders Convention

Don’t miss out on the education, connections, events and insight opportunities we’re hosting for the home building industry at the Atlantic Builders Convention in Atlantic City. Mark your calendars and join us April 1 through April 2 at Harrah’s in Atlantic City, where the convention, seminars and networking festivities are conveniently all under one roof.

Professional Services
Ridgewood-based brokerage team breaks $53 million in 2019 home sales

A residential brokerage team in Bergen County is touting the completion of more than $53 million in sales in 2019, making it the top-performing group in multiple towns in the area.

Residential & Mixed Use
TFE unveils 117 apartments at Woodbridge commercial property

A developer has unveiled new luxury apartments as part of an adaptive reuse project in Woodbridge, where it has retrofitted the upper levels of a well-known commercial building.

Government & Public Policy
East Brunswick, developer uniting around common goal — transforming Route 18

A new public-private alliance has emerged in East Brunswick, where local leaders and a development team have united to revive a stretch of blighted retail property on Route 18.