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.

Residential & Mixed Use
Developer set to unveil 69-unit luxury rental project in downtown Somerville

A developer is nearing completion of a new upscale rental building in downtown Somerville, the latest among several projects that are slated for the Somerset County borough.

Residential & Mixed Use
TD Bank closes $6 million loan for veterans housing expansion in Somerset

TD Bank has announced a commitment to finance the expansion of a Somerset County housing community for veterans, where developers are set to nearly double the number of affordable apartments.

Events
ULI highlights top New Jersey CRE projects, industry leaders at awards dinner

The Urban Land Institute honored a dozen commercial real estate projects and industry leaders last week as part of an annual awards dinner hosted by its northern New Jersey chapter.

Photos
SLIDESHOW: Rutgers conference on Opportunity Zones draws sold-out crowd

More than 200 industry leaders and influencers turned out recently for a Rutgers Center for Real Estate conference on the new federal Opportunity Zone program.

Residential & Mixed Use
Prism launches construction at ‘Wonder Lofts’ project in Hoboken

Prism Capital Partners has kicked off its plan to convert a historic Wonder Bread factory in Hoboken, where the firm and its partners will deliver more than 80 luxury condos and apartments.

Finance & Capital Markets
MRC inks $67.5 million loan for 640-unit redevelopment site in Harrison

A joint venture has landed a $67.5 million loan to acquire a 205-unit multifamily project in Harrison and an adjacent development site that could house another 435 apartments.

Residential & Mixed Use
NY Waterway shuttle expands service to new Cliffside Park condo project

A newly opened, luxury condominium building in Cliffside Park has added a mass transit option to its list of amenities.

Residential & Mixed Use
Denholtz gains approvals, unveils expanded plan for mixed-use Red Bank project

Denholtz Associates has received approval for a newly expanded plan to bring a mix of new apartments and commercial space to a site adjacent to Red Bank’s train station.

Residential & Mixed Use
Bergen County apartment tower sells for $43 million, HFF says

A recently upgraded, 146-unit apartment tower in Fairview has changed hands for more than $40 million, following a transaction announced Wednesday by HFF.

Residential & Mixed Use
Next phase of Camden affordable housing redevelopment underway

Michaels Development and the city of Camden have broken ground on 72 low- and moderate-income apartments, continuing a project to redevelop a blighted public housing complex.