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
Affordable housing opens at former brownfield site in Jersey City (SLIDESHOW)

A developer has opened the doors to a new 64-unit affordable housing complex in the Greenville section of Jersey City.

Finance & Capital Markets
Mortgage banker touts $52 million loan for Bayshore multifamily deal

A commercial mortgage banking and investment sales firm has announced nearly $52 million in financing for the recent sale of a garden apartment complex in Monmouth County.

Residential & Mixed Use
Freehold senior housing project slated for fall groundbreaking

A developer is on track to begin a new 75-unit, age-restricted rental community in Freehold, with plans to complete a series of state environmental approvals in the coming weeks.

Residential & Mixed Use
Middlesex Co. rental complex sells for $5.2 million, Kislak says

A private investor has acquired a 44-unit apartment complex in Middlesex County for $5.2 million, brokers with The Kislak Co. Inc. announced Monday.

Residential & Mixed Use
Condo builder debuts amenities at Jersey City project (SLIDESHOW)

A developer has unveiled a set of club-style amenities at a condominium complex in downtown Jersey City, as it begins to market the final phase of the 429-unit property.

Residential & Mixed Use
Walters expands design team with three new hires

Walters Homes has hired three new employees within its custom architectural services division, in an effort to meet the demands of its residential pipeline.

Finance & Capital Markets
Kennedy closes $2.75 million loan in Colombia, its latest abroad

An Englewood Cliffs-based lender has added to its international portfolio with the closing of a $2.75 million loan for a land acquisition in Colombia

Finance & Capital Markets
KRE Group, National close on $210 million loan for Journal Squared

Kushner Real Estate Group and National Real Estate Advisors have landed $210 million in permanent financing for the first phase of Journal Squared, a sprawling redevelopment in Jersey City that will bring three new towers with more than 1,800 apartments.

Deals
Kushner Cos. expands Long Branch holdings with two new sites, Kislak says

Kushner Cos. has acquired two properties in Long Branch to complete an oceanfront corner assemblage alongside its Pier Village complex, brokers with The Kislak Co. Inc. said.

Residential & Mixed Use
RPM hails fast start for historic townhome rehab at Fort Monmouth

The new first residential offering at Fort Monmouth is off to a fast start, drawing buyers for nearly a third of its 68 townhomes less than three months after hitting the market.