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
C&W: Buyer wanted for new 24-unit rental property in Cedar Grove

A newly developed, 24-unit apartment property in Cedar Grove has hit the market for sale, brokers with Cushman & Wakefield announced Wednesday.

Government & Public Policy
Developer of Newark’s Teachers Village launches Opportunity Zone fund

RBH Group, the developer of the heralded Teachers Village project in Newark, is hoping to build on that success with a new investment fund under the federal Opportunity Zone program.

Residential & Mixed Use
Kislak: Salem County rental complex sells for $14.3 million

A nearly 200-unit apartment complex in Salem County has changed hands for the second time in less than two years, following a $14.3 million deal brokered by The Kislak Co. Inc.

Residential & Mixed Use
Investment firm buys 168-unit rental complex in Newton

An investment and property management firm has acquired a 168-unit apartment property in Sussex County for $18 million, with plans to add value through a series of renovations.

Residential & Mixed Use
Developer breaks ground on latest affordable rental project in Ocean County

Walters has started site work for a new 60-unit, income-restricted apartment and townhome community in Ocean County, the developer announced Wednesday.

Residential & Mixed Use
Developer touts 70 percent leased milestone at new Cherry Hill apartments

A developer has leased nearly three-quarters of its recently completed, 152-unit luxury rental community in Cherry Hill.

Retail
Russo inks leases with Chipotle, Panera at mixed-use Union project

Two well-known quick service restaurants have signed on to Russo Development’s new mixed-use project in Union, where the first retailers and residents are expected to arrive this summer.

Residential & Mixed Use
iStar unveils $6 million oceanfront condo in Asbury Park

Six penthouses have hit the market at a new high-end condominium building in Asbury Park, including a top-floor, four-bedroom unit with an asking price of nearly $6 million.

Event Coverage
People on streets: Retail, amenities a growing focus as Newark development boom continues

As developers continue to invest in downtown Newark, the city is attracting both new residents and businesses. That makes it all the more important to create amenities and spaces that will bring permanent foot traffic during the day and at night, which has become a growing focus for both public- and private-sector leaders in the state’s largest city.

Residential & Mixed Use
Prism hits leasing milestone at historic rehab project in West Orange

Prism Capital Partners has completed its 100th lease at a historic Thomas Edison factory complex in West Orange, where it has completed construction on 300 luxury loft apartments as the centerpiece of a high-profile adaptive reuse project.