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.

Third phase of KRE’s Bay 151 rental project in Bayonne more than 80 percent leased

Kushner Real Estate Group is nearing the full lease-up of a 212-unit apartment property in Bayonne, the third and final phase of a project that was conceived more than a decade ago.

Institutional buyer adds 226-unit Hackensack rental property, JLL says

An institutional investor has acquired a 226-unit luxury apartment property adjacent to the upscale Shops at Riverside complex in Hackensack, in a newly announced deal by JLL.

Three-property, 258-unit rental portfolio in Atlantic City sells for $21 million, Kislak says

A private investor has acquired a three-property, 258-unit apartment portfolio in Atlantic City for nearly $21 million, brokers with The Kislak Co. Inc. announced Thursday.

New amenities debut at 336-unit Jersey City project by Fields Grade, Ursa Development

The developers of a new 336-unit apartment building at the border of Jersey City and Hoboken have debuted a series of indoor and outdoor amenities at the upscale property.

Cervelli: Tenants wanted for ground-floor, rooftop commercial space at Passaic loft project

The owner of a loft-style apartment building in Passaic has tapped Cervelli Real Estate and Property Management as its leasing team for the property’s commercial space.

Ianuale, Trautner reflect on time as ULI New Jersey co-chairs after extended term

Ensuring a smooth transition has been a top priority for Tom Trautner and Tony Ianuale in their final months as co-chairs of the Urban Land Institute’s Northern New Jersey chapter. Fortunately, that has meant continuing what they’ve done for more than four years — engaging members through networking events and thought-provoking panel discussions.

Developers of 477-unit West Side Square project in Jersey City ink $169 million financing deal

A development group has landed more than $169 million in financing for a project that will bring 477 new apartments and retail space to Jersey City’s growing West Side neighborhood.

Kennedy Funding closes $2.7 million land loan for 82-unit Nashville residential project

Kennedy Funding has provided a $2.7 million land loan to the developer of a planned 82-unit residential community in Tennessee, the Englewood-based direct private lender announced.

A focused expansion: Scarinci Hollenbeck says it’s now a one-stop shop for real estate — with clear growth potential

It’s one thing to become the proverbial one-stop shop, as Scarinci Hollenbeck LLC has sought to do with a series of recent additions to its real estate department. But the Little Falls-based law firm has also keyed on what it sees as important growth areas in the space. That strategy is now taking shape at Scarinci, whose long-established real estate team has grown to 15 full-time attorneys from nine last summer, adding new expertise in everything from affordable housing and litigation to foreclosures and landlord-tenant disputes in the wake of the pandemic.

Reynolds taps Setton as senior vice president to bolster acquisitions, asset management team

Buddy Setton has joined Reynolds Asset Management as a senior vice president with a focus on supporting the firm’s acquisition and asset management platform.