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.

Professional Services
MHS Architects names new principal, BIM director

Marchetto Higgins Stieve Architects has announced two promotions, including the appointment of a new partner.

Residential & Mixed Use
KRE Group, Verde Capital complete second garden apartment deal

Kushner Real Estate Group and Verde Capital are set to reposition a 304-unit apartment complex in Monmouth County after acquiring the property last month for $56 million, the partnership’s second recent multifamily acquisition.

Residential & Mixed Use
NJAA wins national honors for communications, website

The New Jersey Apartment Association has earned three national honors for its work in digital communications and editorial content.

Residential & Mixed Use
Advance completes first phase of upgrades at Hoboken apartments (SLIDESHOW)

Advance Realty has unveiled the first phase of its plan to renovate and enhance a 128-unit luxury apartment in uptown Hoboken, following its acquisition of the property last year.

Residential & Mixed Use
Townhomes debut at Soho Lofts in Jersey City

Manhattan Building Co. has taken the wraps off eight upscale townhome apartments at Soho Lofts, a 377-unit rental property in Jersey City.

Residential & Mixed Use
Plainfield rental portfolio sells for $6.4 million, Gebroe-Hammer says

An investor has sold a four-building, 58-unit apartment portfolio in Plainfield for $6.4 million, some two years after acquiring the properties.

Government & Public Policy
Saxum announces new $100 million fund for Opportunity Zones

Development and investment firm Saxum Real Estate has launched a $100 million fund dedicated to projects in newly created federal Opportunity Zones, as it prepares for the program’s highly anticipated rollout later this year.

Government & Public Policy
Flood wall decision looms large for Hoboken rail yards project

State officials could soon make a decision on key flood protection measures in Hoboken — one that could make or break a long-awaited, 2.3 million-square-foot redevelopment of the rail yards at the southern edge of the city.

Residential & Mixed Use
Investors pay $17.7 million for 37-unit Hoboken building

An investment group has made its first foray into Hoboken, acquiring a 37-unit uptown apartment building from a longtime family owner.

Residential & Mixed Use
Developer, public officials hail new affordable housing in Newark

A developer joined local and state officials on Wednesday to break ground on a 60-unit affordable housing project in Newark’s North Ward, where plans call for redeveloping the former site of a Boys & Girls Club.