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
First new housing set to open in Fort Monmouth redevelopment

RPM Development Group has nearly completed its restoration of an officer housing complex at Fort Monmouth, preparing to deliver what will be the first residential project in the effort to reposition the historic military base.

Residential & Mixed Use
HFF: Hoboken apartment complex sells for $146 million

An affiliate of J.P. Morgan Asset Management has sold a 240-unit, luxury apartment complex in Hoboken for $146 million, HFF said, in New Jersey’s largest apartment sale in 2018.

Events
Hanson inducted into New Jersey Hall of Fame

Jon F. Hanson, the revered founder of The Hampshire Cos., was among those inducted Sunday night into the New Jersey Hall of Fame, joining nearly two dozen business leaders, entertainers, public servants and others who made up the organization’s 2017 class.

Residential & Mixed Use
Developers launch leasing at 59-unit Morristown project

Roseland Residential Trust and Woodmont Properties have taken the wraps off a new 59-unit luxury apartment building in downtown Morristown.

Finance & Capital Markets
Capodagli lands construction loan for 172-unit Rahway project, Avison Young says

Capodagli Property Co. has secured a $30 million construction loan for a new 172-unit apartment project in Rahway, in a transaction arranged by Avison Young.

Professional Services
Fields joins three-year-old, tech-focused construction startup

A startup focused on building technology has acquired Fields Construction Co., a well-known construction management firm and developer based in Hudson County.

Residential & Mixed Use
Daycare academy leases 4,600 sq. ft. at Jersey City rental tower

A new daycare business has leased space at a recently opened, luxury high-rise apartment building in Jersey City’s Liberty Harbor North neighborhood.

Residential & Mixed Use
After devastating fire, AvalonBay opens long-awaited Maplewood project

AvalonBay Communities Inc. has opened the doors to its new luxury apartment complex in Maplewood, some 15 months after a fire tore through the property just weeks before its original completion date.

Residential & Mixed Use
Developer details plans for ex-Colgate site in Morris County

JMF Properties has unveiled plans for transforming the former Colgate-Palmolive industrial campus in Morris County, where it has been named redeveloper of the 64-acre site.

Residential & Mixed Use
Kislak inks $8.5 million multifamily sale in Jamesburg

An area landlord has sold the last piece of its portfolio, a 68-unit apartment complex in Jamesburg that is now slated for renovations under its new owner.