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.

Features
Stockton campus brings new life to Atlantic City neighborhood, in a sign of things to come

Stockton University’s new campus in Atlantic City has come to life after more than two years of anticipation — and stakeholders say it’s just the beginning of what they hope to be a larger transformation in Atlantic City.

Residential & Mixed Use
Walters completes 88-unit affordable community in Jackson

Walters Group has opened the doors to a new 88-unit, income-restricted rental community in Jackson.

Finance & Capital Markets
Procida fund tops $500 million in loan originations

A fund operated by Procida Funding has surpassed $500 million in loan originations, following the recent closing of a $38 million loan for a higher education project.

Residential & Mixed Use
Investor appetite for apartments still strong in New Jersey, brokers say

Despite rising interest rates, investor demand for multifamily property in New Jersey shows few signs of slowing down through the end of the year and into 2019.

Retail
Retail, residential building in Readington sells for $3.9 million

A private investor has sold a nearly 29,000-square-foot mixed-use property in the Whitehouse Station section of Readington, in a $3.9 million deal brokered by Marcus & Millichap.

Residential & Mixed Use
Woodmont announces open house for Washington Township community

Woodmont Properties is set to open the doors to a new 260-unit, luxury residential development in Gloucester County, where it has completed the lease-up of its first phase.

Residential & Mixed Use
HFF: Buyer sought for new 377-unit Jersey City property

A new 377-unit, luxury apartment property at the border of Jersey City and Hoboken has hit the market for sale.

Residential & Mixed Use
Developer plans 235-unit apartment building in Hackensack, brokers say

A developer is set to build 235 new luxury apartments in Hackensack after closing on two properties in the city’s downtown.

Professional Services
Purchasing manager is among newest hires for Hollister

Hollister Construction Services has made another addition to its team with the hiring of a new purchasing manager.

Residential & Mixed Use
Woodmont hails lease-up, new retailers at Metuchen project

Woodmont Properties is touting the lease-up of 273 new apartments in Metuchen, while also marking the addition of three retailers to the mixed-use project.