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
Newark towers trade for $70 million, Kislak says

An investor has paid more than $70 million for a two-building, 680-unit apartment property just north of downtown Newark, according to brokers with The Kislak Co. Inc.

Office
DeMarco joins Mack-Cali board

Mack-Cali Realty Corp. has appointed CEO Michael J. DeMarco to its board of directors.

Government & Public Policy
Liquor license reform in focus at New Jersey Future forum

What can state government do to help redevelopment in New Jersey? The real estate community certainly has its own ideas, but so does a lawmaker and a former longtime mayor. Assemblyman Jim Kennedy answered that very question last week, raising the need for liquor license reform and highlighting what has become been a top priority for New Jersey’s commercial real estate sector.

Residential & Mixed Use
Montclair apartment building hits leasing milestone

A newly built, 40-unit luxury apartment building in Montclair is fully leased.

Residential & Mixed Use
East Orange rental portfolio sold for $19.4 million

An out-of-state buyer has paid nearly $19.4 million to acquire a four-building, 200-unit apartment portfolio in East Orange, as part of a sale brokered by The Kislak Co. Inc.

Retail
Boutique wine shop commits to Jersey City rental building

A wine and spirits store has leased 5,000 square feet at the base of Modera Lofts, a 366-unit luxury apartment building inside a historic brick warehouse in Jersey City.

Sponsored Content
Kipcon seminars offer critical training, education for CRE industry

By Kipcon Engineering As continuing education has grown increasingly important, Kipcon Engineering has been filling that need for its commercial real estate clients for more than five years. Based in North Brunswick, the full-service engineering firm offers seminars and webinars…

Residential & Mixed Use
Developer set to begin ‘smart home’ apartments at NJCU campus project

For an apartment complex that will be built on university-owned land, the concept of a smart home seems all too fitting. That will be the case for a new 144-unit project by KKF Enterprises, part of a sweeping redevelopment on the western side of Jersey City.

Finance & Capital Markets
Financing will support 46-unit project in Long Branch, Progress Capital says

Progress Capital Advisors has brokered a $9 million loan to help spur construction of a new 46-unit multifamily building in downtown Long Branch.

Professional Services
Valuation firm becomes IRR’s northern N.J. office

A Livingston-based firm has joined Integra Realty Resources, the largest independent commercial real estate valuation, market research and consulting firm in North America.