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.

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.

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.

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.

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.

Essex County apartment deals total $31.7 million, Gebroe-Hammer says

Nearly 250 units in East Orange and Newark have changed hands for a combined $31.7 million, in a trio of investment sales brokered by Gebroe-Hammer Associates.

Developer secures $15 million loan for Somerville rental project, Meridian says

Meridian Capital Group has brokered $15 million in financing for the development of a new 60-unit luxury rental property in downtown Somerville.

SJP, Aetna announce 2 million sq. ft. redevelopment plan for Newark

SJP Properties and Aetna Realty have unveiled plans for a project in Newark that could deliver up to 2 million square feet of commercial and residential space at the city’s Broad Street station.

Oliver talks DCA changes, affordable housing at NAIOP forum

State officials are weighing their options for modernizing the Department of Community Affairs, Lt. Gov. Sheila Oliver said last week, from electronic permitting to the potential to allow municipalities to privatize code enforcement. Far less certain is how they will tackle more high-profile issues such as affordable housing, shared services and the tax credit programs that have fueled development in recent years.

Boutique rental property in Maplewood is 100 percent leased, JMF says

JMF Properties has completed the lease-up of its 20-unit, wellness-focused residential community in downtown Maplewood.

Strength in numbers: Brogan has led the effort to grow NJAA’s membership, impact and influence

The growth of the New Jersey Apartment Association over the past three years has been tough ignore: The organization has pushed to expand its ranks, create new benefits to members and raise its profile and influence among policymakers and fellow business leaders. Those strides have garnered national attention for both the organization and its leader.