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
AvalonBay debuts 360-unit project in Piscataway, its latest in New Jersey

AvalonBay Communities Inc. has unveiled a new 360-unit apartment complex in Piscataway, adding to its vast portfolio of luxury rental properties in New Jersey.

Residential & Mixed Use
CBRE touts Hudson County apartment sales totaling $57 million

An out-of-state investor has paid more than $31 million for a newly built, 80-unit apartment building in Union City, CBRE said, touting the sale among several recent deals in Hudson County.

Events
Monmouth to honor Zucker, Marchetta at annual real estate dinner

Monmouth University will honor Ralph Zucker and Anthony Marchetta at its upcoming real estate awards dinner, adding to the list of industry leaders to be highlighted at the annual event.

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