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.

Finance & Capital Markets
Progress Capital brokers $5.3 million loan for Newark multifamily deal

An area property owner has acquired a two-building, 70-unit apartment complex in Newark with more than $5 million in financing arranged by Progress Capital Advisors.

Residential & Mixed Use
Redevelopment brings first phase of Woodbridge affordable housing project

Builders have delivered 84 apartments as part of a $23 million affordable housing development in Woodbridge, the first of a three-phase project that is replacing a defunct public housing complex.

Office
Mortgage banker, child care among latest tenants at Marlton redevelopment

Two new tenants have committed to a 540,000-square-foot, mixed-use property in Marlton, where its owner is in the midst of a $70 million redevelopment project.

Residential & Mixed Use
North Bergen apartment building sells for $25.4 million

The developer of a newly built, 122-unit apartment building in North Bergen has sold the property for $25.4 million, in a sale brokered by The Kislak Co. Inc.

Government & Public Policy
New Jersey Future announces 2018 Smart Growth Award winners

The nonprofit New Jersey Future will honor major redevelopments in Hoboken, Orange and Trenton, as well as former Gov. James Florio, as part of its annual Smart Growth Awards celebration in early June.

Events
Monmouth students offer vision for Roche site, win top prize at NAIOP competition

A team of Monmouth University students earned top honors recently at NAIOP New Jersey’s annual Intercollegiate Case Study Competition, offering a vision for redeveloping the former Hoffmann-LaRoche campus in Nutley and Clifton.

Residential & Mixed Use
Pennrose, public officials unveil 84-unit project in Edison

Pennrose and Middlesex County have completed the adaptive reuse of a historic hospital complex in Edison, resulting in 84 new units of affordable senior housing.

Top News
Mercer County decision, future of affordable housing in focus at NJBA panel

A recent high-profile court ruling may not have ended the battle over affordable housing in New Jersey, but insiders say it has become an important guidepost in a process that is still filled with uncertainty.

Residential & Mixed Use
Developers, officials hail Jersey City project as step forward for Lafayette neighborhood

A joint venture led by Ironstate Development Co. has broken ground on a new luxury rental building in Jersey City’s Lafayette section, continuing the city’s push to expand development beyond its downtown.

Residential & Mixed Use
Boraie tops out 168-unit residential tower in Newark

A long-awaited, 168-unit apartment tower in downtown Newark is on track to open late this year, as its developer and public officials gathered Tuesday to mark a milestone in the project.