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.

Government & Public Policy
Steps taken: Fulop proud of record on affordability, but knows there’s more to be done in Jersey City

Jersey City Mayor Steven Fulop has been unabashedly pro-growth during his 12 years in office. That’s clear from the city’s ever-changing skyline, but even he concedes that new development has overshadowed efforts to improve housing affordability.

Editor’s Note
In memoriam 2025: Remembering those we lost in New Jersey commercial real estate

We said goodbye in 2025 to several key figures in New Jersey’s commercial real estate community. Some were industry icons whose careers spanned more than half a century, but all were remembered by colleagues as valued friends and team members. Here is a look back at our coverage and the tributes that poured in from across the industry.

Residential & Mixed Use
Cranford rental property more than 70 percent leased as Hartz eyes strong demand in 2026

Hartz Mountain Industries has rented more than 70 percent of a new 250-unit rental property in Cranford, citing continued demand for upscale apartments and sustained headwinds in the for-sale housing sector.

Residential & Mixed Use
Russo tops 90 percent leased at new 272-unit New Brunswick rental project

Russo Development is on the path to leasing up a new 272-unit luxury multifamily project in New Brunswick, where it has brought fresh life to what was an aging highway retail site.

Residential & Mixed Use
Hoboken adopts key redevelopment pacts for Rockefeller Group project with 729 homes, open space in city’s North End

A long-awaited plan to build more than 700 residential units and other uses in Hoboken’s North End is advancing after the adoption of redevelopment agreements between the city and Rockefeller Group, the owner of four key parcels in the area.

Finance & Capital Markets
Newmark: Brooksville, Torchlight snag $98 million acquisition loan for 356-unit Iselin complex

A joint venture has acquired a 356-unit luxury apartment complex in the Iselin section of Woodbridge with the help of a $98 million loan arranged by Newark.

Residential & Mixed Use
GN Management buys Panepinto interest, development rights for 579-unit tower at Harborside 9

Panepinto Properties has sold one of two newly acquired development sites in Jersey City to GN Management, a fellow real estate firm based in the city, setting the stage for the latter to build a 57-story, 579-unit apartment tower alongside another planned high-rise.

Finance & Capital Markets
Kaplan refis new 176-unit Sayreville rental project in $48 million deal by JLL

Kaplan Cos. has closed on $47.5 million in permanent financing for a newly completed, 176-unit luxury apartment complex in Sayreville, brokers with JLL announced Wednesday.

Residential & Mixed Use
Matthews: Longtime owners sell 32-unit West New York portfolio for $4.4 million

A family ownership group has sold a two-building, 32-unit apartment portfolio in West New York for $4.35 million, in a newly announced deal by Matthews.

Finance & Capital Markets
JLL: Panepinto, AJD ink $384 million in debt, equity for 678-unit Jersey City rental project

Developers are planning an early 2026 groundbreaking for a new 678-unit apartment tower in Jersey City after landing $384 million in capital for the project, brokers with JLL said Tuesday.