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.

Developers kick off final phase of Morristown project

With plans that go back more than a decade, the landmark redevelopment of the former Epstein Department Store in Morristown has entered its final phase.

Residential & Mixed Use

Kislak: Mixed-use Red Bank properties fetch nearly $4M

The Kislak Co. Inc. has brokered the $3.825 million sale of a mixed-use portfolio in downtown Red Bank, the Woodbridge-based firm announced.

Photos

Hoboken chamber honors hometown construction firm

Fields Construction Co. has been awarded the Hoboken Chamber of Commerce’s Developer/Builder of the Year award for its work in the Mile Square City, the firm announced.

Residential & Mixed Use

Mixed-use Orange building trades for $1.6M

A private investor has sold a 13,500-square foot mixed-use property in Orange for nearly $1.6 million, following a deal arranged by Marcus & Millichap.

Residential & Mixed Use

North Jersey apartment rents grow again in 2016, report finds

Apartment rental rates in northern New Jersey will grow for the sixth consecutive year, a new report has found, as leasing activity keeps pace with the roaring pace of new construction.

Finance & Capital Markets

Investors announces more than $300M in CRE loans

Investors Bank has originated than $308 million in loans in recent weeks, financing more than a dozen transactions involving multifamily and commercial properties.

Residential & Mixed Use

Gebroe-Hammer notches nearly $150M in sales over 90 days

Brokers with Gebroe-Hammer Associates have made the most of their home field advantage in recent months, closing 15 different multifamily sales in Essex County in the past 90 days.

Office

American Water HQ set to kick off massive waterfront makeover in Camden

With more than a year of due diligence, entitlements and land assemblage in the books, Liberty Property Trust is set to break ground on the first piece of a $1 billion, mixed-use project to transform Camden’s waterfront.

The Rundown

Report: Whole Foods store in Newark coming by late winter

A new Whole Foods store, the retail centerpiece of a project to revitalize the historic Hahne & Co. building in downtown Newark, is expected to open within just a few months.

Residential & Mixed Use

JMF racking up multifamily projects in TOD towns

Developer JMF Properties has spent the past year filling its multifamily pipeline, with construction underway at four properties and groundbreakings in sight at several others.