Russo Development has taken the wraps off more than 80,000 square feet of amenity space at its new 415-unit luxury residential project in Union.
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.
Kennedy Funding closes $3 million loan for Belize resort development
Kennedy Funding has added to its international lending portfolio with the closing of a $3 million loan for a waterfront residential development in Belize.
Woodmont, Atkins bring 330-unit rental complex to full occupancy
A joint venture has reached full occupancy at a new luxury apartment complex in Gloucester County, marking a milestone for a long-awaited mixed-use development.
FirstService Residential announces promotion, new VP in lifestyle division
FirstService Residential has added to its executive leadership team in the region with the recent promotion of a longtime employee.
Jersey City rental tower by Ironstate, KRE earns LEED certification
As renters flock to a new 46-story apartment tower in Jersey City, the U.S. Green Building Council has endorsed the project for its sustainable design and construction.
Former Normandy partners detail plans for new private equity firm
Having completed the sale of the Normandy Real Estate Partners platform, three of the firm’s former principals have offered a glimpse at their next business endeavor.
Former NJBA president, veteran developer named NAHB chairman
A former New Jersey Builders Association president has been elected chairman of the National Association of Home Builders, marking a milestone as the first Hispanic to assume the role.
East Orange luxury rental project nearly 100 percent leased, developer says
The developer of a distinctive new mixed-use building in East Orange has leased more than 95 percent of the property’s 180 luxury apartments.
Real Estate NJ’s 2020 Market Forecast
A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.
Joint venture inks $43 million refi for 288-unit rental complex in Plainsboro
A joint venture has landed a $43 million loan to refinance a 288-unit apartment complex in Plainsboro, following a series of upgrades aimed at creating value at the property.
