Mack-Cali Realty Corp. is set to open the doors to a new 762-unit apartment tower in Jersey City and is pushing ahead with a $1 billion multifamily construction pipeline, the company said, as it finalized a plan to raise $300 million for acquisitions in the high-end rental space.
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.