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.
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.
The Michaels Organization has named a new executive to lead its debt and equity platform for both new development and acquisition opportunities.
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 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.
Alfred Sanzari Enterprises has named a new president as part of an expanded role for the company’s third-generation leader.
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.
An investment firm has announced the sale of a new two-building, 136-unit senior housing complex in Sayreville for $28 million.