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.

SLIDESHOW: Rutgers conference on Opportunity Zones draws sold-out crowd

More than 200 industry leaders and influencers turned out recently for a Rutgers Center for Real Estate conference on the new federal Opportunity Zone program.

Prism launches construction at ‘Wonder Lofts’ project in Hoboken

Prism Capital Partners has kicked off its plan to convert a historic Wonder Bread factory in Hoboken, where the firm and its partners will deliver more than 80 luxury condos and apartments.

MRC inks $67.5 million loan for 640-unit redevelopment site in Harrison

A joint venture has landed a $67.5 million loan to acquire a 205-unit multifamily project in Harrison and an adjacent development site that could house another 435 apartments.

NY Waterway shuttle expands service to new Cliffside Park condo project

A newly opened, luxury condominium building in Cliffside Park has added a mass transit option to its list of amenities.

Denholtz gains approvals, unveils expanded plan for mixed-use Red Bank project

Denholtz Associates has received approval for a newly expanded plan to bring a mix of new apartments and commercial space to a site adjacent to Red Bank’s train station.

Bergen County apartment tower sells for $43 million, HFF says

A recently upgraded, 146-unit apartment tower in Fairview has changed hands for more than $40 million, following a transaction announced Wednesday by HFF.

Next phase of Camden affordable housing redevelopment underway

Michaels Development and the city of Camden have broken ground on 72 low- and moderate-income apartments, continuing a project to redevelop a blighted public housing complex.

HFF seeking buyers for Morris Twp. apartment complex

A townhouse-style apartment community just outside Morristown is on the market for sale, according to brokers with HFF who are leading the offering.

NJAA draws record crowd to PAC fundraiser with state lawmakers (SLIDESHOW)

Dozens of state lawmakers met face to face recently with leaders in the multifamily sector, as the New Jersey Apartment Association hosted its annual political action committee reception.

Local officials, developer debut new clubhouse at Hillsborough rental property

A developer has unveiled a new 6,500-square-foot clubhouse and outdoor amenities at a luxury apartment community in Somerset County.