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.

Government & Public Policy
Rutgers study seeks to unravel debate over rental units and school children

A new study is shedding new light on a widespread, age-old debate between developers and local governments in New Jersey: Do new apartments mean new school-age children? According to the findings, the answer depends on several key factors.

Residential & Mixed Use
Roseland launches leasing at 295-unit project, its latest at Port Imperial

Roseland Residential Trust is set to unveil nearly 300 new upscale apartments in Weehawken, the latest addition to the 200-acre Port Imperial development along the Hudson River.

Residential & Mixed Use
Developer announces rebrand, growing multifamily pipeline

With a growing pipeline, a Central Jersey developer is rebranding. Quantum Real Estate Group announced Wednesday that it will now go by Forte Real Estate Development.

Office
Walters details plans for new office building in Ocean County

Walters Homes is expanding its corporate footprint in Ocean County, with plans to open a new office building in Ship Bottom that will bring four of its divisions under one roof.

Retail
Planning board OKs plan for Monmouth Mall makeover

Kushner Cos. and Brookfield Properties have cleared a key hurdle in their plan to transform the Monmouth Mall, winning a long-awaited approval from the Eatontown planning board.

Residential & Mixed Use
Kislak brokers $3.7 million sale of Teaneck apartments

An apartment owner has reaped nearly $3.7 million from the sale of a 25-unit complex in Teaneck, following a transaction brokered by The Kislak Co. Inc.

Residential & Mixed Use
Union City apartment building sells for $3 million, Marcus says

The developer of a recently built, 12-unit apartment building in Union City has sold the property for more than $3 million, according to brokers with Marcus & Millichap.

Residential & Mixed Use
Façade nearly complete at new Hoboken condo building

Bijou Properties is putting the finishing touches on the exterior of VIA Lofts, a new 10-unit luxury condominium project in the northwest section of Hoboken.

Residential & Mixed Use
Developers break ground on 219-unit apartment project in Rahway

AST Development Corp. and Sterling Properties are partnering on another project in Rahway, where they’ve started construction on more than 200 new luxury apartments.

Finance & Capital Markets
Progress brokers $4.3 million loan for Passaic residential project

The developer of a new 40-unit multifamily building in Passaic has secured more than $4 million in financing, Progress Capital Advisors said last week.