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
Joint venture, HMFA top out 100-unit rental project in West Orange

A mixed-income project that will bring 100 new apartments to Essex County is slated for delivery by year-end, as its developers gathered last week to mark a construction milestone.

Photos
Ballet company takes the stage at New Brunswick PAC

Future tenants of the New Brunswick Performing Arts Center are already making themselves at home, even as construction continues at the high-profile development project.

Sponsored Content
Newark Broad Street’s time to shine

Having started my commercial real estate career in Newark, New Jersey in the late 1980s, I’ve had a front row seat to the evolution of The Brick City, and specifically the strides taken by the community toward enhancing the soul of the downtown area. What was once a city centered largely around Newark Penn station, the region has experienced new growth, particularly northward and westward toward the Broad Street corridor. Additionally, while improvements over the past two decades were slow, but steady, the past five years have seen a more intense ramp up in activity.

Residential & Mixed Use
Grand opening slated for 91-unit Newark rental project

Developers are preparing to take the wraps off a new residential building in Newark’s North Ironbound section, having already leased nearly half of its 91 luxury apartments.

Residential & Mixed Use
Sussex rental property sells for $16.6 million

A private investor has acquired a 134-unit apartment complex in Sussex County, under a newly announced transaction by Gebroe-Hammer Associates.

Residential & Mixed Use
Investor closes $1.3 million multifamily deal in Orange

A local real estate investment and development firm has expanded its holdings in Orange, acquiring a 12-unit multifamily property for $1.32 million.

Residential & Mixed Use
Business group honors Maplewood rental project for design, local impact

One of the state’s largest trade groups has recognized a boutique rental project in downtown Maplewood for its design and its impact on economic development.

Government & Public Policy
Newark awarded $24 million HUD grant for public housing upgrades

The federal government has awarded more than $24 million to the city of Newark to fund a series of major capital improvements to public housing properties.

Residential & Mixed Use
HFF: Would-be redevelopment site sold in Journal Square

The site of a well-known diner in Jersey City has changed hands, paving the way for potential redevelopment in the city’s newly revitalized Journal Square neighborhood.

Residential & Mixed Use
Solomon portfolio reaches 15,000 units in 10 states after two-year flurry

The Solomon Organization, a Summit-based multifamily owner and investor, is touting a major expansion of its portfolio after more than $1 billion worth of activity over the past two years.