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.

Wilcox touts $2.5 million loan for historic Morristown property

G.S. Wilcox & Co. has brokered $2.5 million in financing for a nearly 24,000-square-foot, mixed-use building in downtown Morristown.

Developer lands $258 million loan package for 1,161 units in three towns

A developer has secured nearly $260 million in financing for multifamily projects in Bayonne, Linden and Raritan, following a transaction arranged by Meridian Capital Group.

Value Cos. picked to manage recently sold, 100-unit Bridgewater complex

The new owner of a 100-unit rental community in Bridgewater has tapped Value Cos. to oversee leasing and management of the property.

Bijou: Sales underway at new eco-built condos in Hoboken

Bijou Properties has launched sales at a new sustainably built, seven-story condominium building in Hoboken that it says is a first of its kind in New Jersey.

Remembering Jay Kislak, a real estate icon known equally for giving, exploring

Jay I. Kislak, an iconic figure in real estate and philanthropy, whose giving helped further education and culture in New Jersey and elsewhere, died Wednesday at his home in Miami. He was 96.

DMG debuts 204-unit, upscale condo project in Cliffside Park

A crowd gathered high atop the Palisades on Thursday as a developer unveiled its first project in New Jersey — a new 14-story, 204-unit luxury condominium building in Cliffside Park.

Three-piece AVE portfolio hits the market for sale, recap

The owner of three AVE properties in New Jersey and Pennsylvania is seeking new investors or buyers, brokers with HFF said, touting a value-add opportunity with more than 800 units.

Developer secures LIHTC financing for 84-unit Newark project, Day Pitney says

A developer is tapping into the federal Low Income Housing Tax Credit program as part of a planned 84-unit, mixed-income rental project in Newark, in one of several recent transactions announced by Day Pitney LLP.

NJPAC, city leaders hail One Theater Square’s opening in downtown Newark

Stakeholders gathered Wednesday to mark the opening of a new 22-story residential tower in downtown Newark, the city’s first ground-up luxury high-rise in more than 50 years and the first tangible piece of a plan to develop the property around the New Jersey Performing Arts Center.

Developers tout completion of 227-unit Aberdeen complex (SLIDESHOW)

BNE Real Estate Group and Highview Homes have completed their redevelopment of a site at the Aberdeen-Matawan train station, unveiling the final building in a 227-unit luxury rental community.