A joint venture has completed its rehabilitation of Jersey City’s largest privately held Section 8 housing complex, a 483-unit property near the city’s Journal Square section.
Developers have started construction on a new 54-unit, age- and income-restricted rental community in Cinnaminson, their seventh joint venture in southern New Jersey.
Kennedy Funding has closed on a $2.4 million loan that will pave the way for a new 221-acre residential development in Wyoming’s second-largest city.
As you’ll read in this month’s cover story, a joint venture is banking on health care as a key ingredient in a long-awaited, mixed-use project in Gloucester County. Consider that the 35-acre development, known as Washington Square Town Center, includes a 40,000-square-foot medical office building as a way to balance the amount of retail on the site. The plan also calls for a 110-bed assisted living facility, which will provide the tax revenue that might otherwise come from a more traditional commercial use.
Gov. Phil Murphy has announced a long-awaited plan for a flood barrier at the southern end of Hoboken, although its location could threaten or dramatically alter a proposal to redevelop the rail yards alongside the city’s busy train terminal.
March Associates Construction has broken ground on the first of eight remaining buildings within a master-planned senior living community in Burlington County.
A new eight-story luxury condominium building in Long Branch is on track to open next fall, as its developer marks a construction milestone for the beachfront property.
Prism Capital Partners has completed the first phase of major infrastructure improvements at its ON3 campus in Nutley and Clifton, as it continues to ready the site for new tenants and additional construction.
Commercial real estate has been a driving force behind Mandelbaum Salsburg P.C., a law firm that has served as a steady hand to many of the state’s prominent multigenerational developers and is a multigenerational business in its own right.
RPM Development is welcoming the first homeowners at the historic Fort Monmouth property, where it has rehabilitated a series of buildings that once served as housing for officers.