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.

Office
Mack-Cali, Bow Street continue clash over proposed board takeover, portfolio sale

Mack-Cali Realty Corp. has rebuffed another offer from investors seeking to acquire its office holdings and take control of its board, calling it a “grossly inadequate, unworkable and self-interested proposal” that would shortchange shareholders and doom its residential business.

Residential & Mixed Use
Somerville: Developer hails lease-up of 69-unit rental property

Renters have flocked to a new 69-unit residential property in downtown Somerville, filling the luxury apartment building less than three months after it opened for leasing.

Event Coverage
Holistic thinking, public-private approach remain a focus at New Jersey Future’s redevelopment forum

New Jersey Future’s annual Redevelopment Forum drew a crowd hundreds to New Brunswick recently, in a show of support for big-picture planning, adaptive reuse and public-private collaboration when it comes to development in the Garden State.

Residential & Mixed Use
Developers, HMFA unveil 48-unit affordable project in Ocean Township

A development team has completed nearly 50 new apartments in Ocean Township as part of the state’s ongoing effort to bring new affordable housing to areas impacted by Hurricane Sandy.

Residential & Mixed Use
Developers eye summer groundbreaking for redevelopment of ex-Record site in Hackensack

A joint venture’s plan to redevelop the former home of The Record in Hackensack is moving forward, under a plan that calls for 650 apartments and retail space along the Hackensack River.

Residential & Mixed Use
HFF: Mack-Cali seals $264 million purchase of new Jersey City rental complex

Mack-Cali Realty Corp. has closed on its nearly $264 million acquisition of a 377-unit luxury apartment complex in Jersey City, brokers with HFF announced Wednesday.

Residential & Mixed Use
Larken breaks ground on 198-unit rental project near Phillipsburg

Nearly 200 new apartments are coming to Warren County, where a real estate firm is redeveloping the former site of a well-known farm and garden center.

Residential & Mixed Use
Jersey City: Inside the amenities at new loft-style condo building (SLIDESHOW)

Just weeks after debuting a new condominium building in Jersey City, a developer has unveiled the amenities and common spaces at the luxury complex.

Finance & Capital Markets
TD Bank touts construction loan, affordable housing rehab in Camden

The Michaels Organization is on track to rehabilitate 64 historic affordable housing units in Camden, thanks in large part to financing from TD Bank and state and local funding sources.

Finance & Capital Markets
New York Life, Hartz ink $115 million mortgage for Secaucus rental property

New York Life Real Estate Investors has completed $115 million in financing for Hartz Mountain Industries and its newly completed, 469-unit apartment complex in Secaucus.