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.

Professional Services
Vantage RES names new director of investment sales

Vantage Real Estate Services has hired a 35-year commercial real estate industry veteran as its new director of investment sales.

Residential & Mixed Use
Hitting home: Professionalism, advocacy are long-held values for NJAA president

With six months to go as president of the New Jersey Apartment Association, industry veteran Steve Waters says he will continue his focus on both education and government affairs — supporting a membership that comprises more than 210,000 units statewide.

Residential & Mixed Use
South Jersey rental portfolio sells for $5.7 million, Marcus says

Three garden apartment complexes with a combined 95 units have changed hands in southern New Jersey, in a nearly $5.7 million transaction arranged by Marcus & Millichap.

Finance & Capital Markets
CBRE inks $57 million refinance for Essex, Hudson portfolio

The owner of a 13-property residential and mixed-use portfolio in Essex and Hudson counties has refinanced the properties for $57 million, brokers with CBRE announced Wednesday.

Residential & Mixed Use
Diversified launches construction for East Rutherford rental building

A developer has broken ground on a 35-unit apartment building in East Rutherford, offering a location near Route 17 and midway between two Bergen County train stations.

Professional Services
Red Bank branding, marketing firm with CRE practice announces merger

A design and marketing firm with a growing real estate practice has expanded its capabilities with a newly completed merger.

Residential & Mixed Use
Developers, city officials unveil new park near Hoboken rental project

Local officials have debuted the first piece of a new park on Hoboken’s western edge, which will complement a 14-story residential complex slated to open later this year.

Top News
Fast-growing firm combines mobile app, technology to find energy savings for landlords

In less than five years, a Livingston-based firm that helps landlords manage their energy costs is now serving more than 80 million square feet of residential and commercial space from New Jersey to California, with a client list that is a who’s who of major owners and operators.

Residential & Mixed Use
Manhattan Building Co. eyes sweeping plan to transform Jersey City neighborhood

A developer with deep roots in Hudson County has proposed building more than 2,300 apartments at the edge of downtown Jersey City, seeking to transform several blocks of blighted property just east of the New Jersey Turnpike extension.

Residential & Mixed Use
Somerset closes on 31-acre transit village site in Somerville

Somerset Development has completed its long-awaited acquisition of 31 acres in downtown Somerville, paving the way for a project that includes more than 500 residential units and other uses adjacent to the borough’s train station.