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.

Larken sees towns in central, western New Jersey as growth markets for luxury rentals

Larken Associates has ramped up its multifamily development pipeline in recent years, as it looks to bring upscale apartments and amenities to lesser-known suburban submarkets.

Developer sells newly built 56-unit townhome complex in Woodbridge

The developer of a new 56-unit multifamily complex in Woodbridge has sold the property, according to a brokerage team with NAI DiLeo-Bram & Co.

Michaels adds vice president of capital markets

The Michaels Organization has named a new executive to lead its debt and equity platform for both new development and acquisition opportunities.

Procida closes construction loan for 27-unit apartment building in Paterson

Procida Funding & Advisors has originated a $5.45 million construction loan to the developer of a new apartment and retail building in Paterson.

Saxum Real Estate hires director of multifamily development

Saxum Real Estate has named a new director of development to lead its growing multifamily division, part of a pipeline that has surpassed $1 billion in total capitalization.

Ryan Sanzari named president of Alfred Sanzari Enterprises

Alfred Sanzari Enterprises has named a new president as part of an expanded role for the company’s third-generation leader.

Developers press their case, setting sights on bill to allow third-party code inspections

A bill that would allow building owners to obtain faster code inspections using third-party, private-sector agents has moved through the Legislature in recent weeks, raising the hopes of developers and other industry stakeholders who support the proposal.

Investment group sells 136-unit senior housing site in Sayreville for $28 million

An investment firm has announced the sale of a new two-building, 136-unit senior housing complex in Sayreville for $28 million.

FMERA issues requests for proposals to redevelop 82-acre Fort Monmouth parcel

State officials are now accepting proposals for a key parcel at Fort Monmouth, touting an opportunity to redevelop more than 80 acres at the gateway of the historic property.

Developer unveils first phase in redevelopment of ex-GM site in Ewing

A developer has unveiled the first piece of a project to bring more than 1,000 apartments and commercial space to the former site of a General Motors plant in Mercer County.