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
JLL lists 67-unit Hudson Valley rental property with upside through renovation, development

The owner of a 67-unit apartment complex in New York’s Hudson Valley is looking to sell or recapitalize the property, brokers with JLL said, touting its value-add potential through renovations and an adjacent development parcel.

Residential & Mixed Use
State program in focus as Michaels, Virtua open new Camden housing with on-site health care

Housing and health care have come together in Camden as part of a new age-restricted, 47-unit apartment building that opened its doors last month.

Residential & Mixed Use
Cervelli: Investor adds 20-unit West New York apartment building for $3.3 million

A regional private investor has acquired a 20-unit apartment building in West New York for $3.34 million, in a deal arranged by Cervelli Real Estate & Property Management.

Government & Public Policy
EDA approves $53 million Aspire award to rehab Atlantic City affordable housing complex

WinnCompanies has set its sights on Atlantic City, where the affordable housing firm plans to modernize 177 rental units with the help of the state’s Aspire tax credit program.

Retail
NAI Hanson: Wonder joins retail roster at Print House project in Hackensack

The developers of the sprawling Print House project in Hackensack have all but filled its retail space after leasing more than 4,300 square feet to the food hall startup Wonder.

Residential & Mixed Use
Café brand Almost Home General opens at distinctive KRE apartment tower in Jersey City

KRE Group has welcomed a new café to the lobby of 351 Marin, a 507-unit luxury apartment tower in downtown Jersey City that opened its doors in 2022.

Residential & Mixed Use
RePropCo: Buyer wanted for new 336-unit luxury rental building at Jersey City, Hoboken border

The developer of a new 336-unit luxury apartment building in Jersey City has listed the property for sale, having tapped RePropCo Capital Advisors to spearhead the offering.

Professional Services
Otteau Group, influential appraisal and advisory firm, promotes Montferrat to partner

The Otteau Group has elevated Connor Montferrat to partner, citing his contributions, leadership and service to clients since he joined the Matawan-based firm in 2017.

Government & Public Policy
Lions Group eyes 360-unit Journal Square rental tower with $90 million Aspire award

A developer is set to break ground on a 34-story, 360-unit apartment tower in Jersey City after securing a nearly $90 million tax credit award under the state’s Aspire program.

Residential & Mixed Use
Romema Capital sells new 104-unit Plainfield rental property, Hudson Atlantic says

The builder of a new 104-unit luxury apartment building in Plainfield has sold the property for $39 million, in a newly announced deal by Hudson Atlantic Realty.