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.

Editor’s Note
Coming soon: Industry Roundups from Real Estate NJ

In the days and weeks ahead, we will introduce a new addition to Real Estate NJ aimed at zeroing in on the major asset classes and service sectors in the Garden State. Known as Industry Roundups, the new e-blasts will highlight the top headlines and stories in each field, giving you a chance to catch up on all the latest news in a way that’s tailored to a specific part of the industry.

Residential & Mixed Use
Developers unveil $48 million rental project slated for Camden waterfront

The joint venture behind a high-profile office tower in Camden has unveiled another piece of its waterfront redevelopment — a $48 million, 156-unit luxury apartment building.

Residential & Mixed Use
Marchetta steps down from HMFA, returns to private sector

The longtime head of the New Jersey Housing and Mortgage Finance Agency has stepped down from the post and is preparing to start his own consulting firm.

Government & Public Policy
Ex-CRDA official tapped for Newark economic development post

The former head of the state Casino Reinvestment Development Authority is joining Newark City Hall, where he will serve in a newly created position tied to economic development.

Residential & Mixed Use
Developer sells Wood-Ridge apartments after 40 years

The original developer of a 22-unit apartment complex in Wood-Ridge has sold the property after four decades, in a $4.1 million deal brokered by The Kislak Co.

Retail
Bagel, fruit bowl shops lease space at Aberdeen train station project

Two food operators are coming to a new mixed-use development near the Aberdeen train station, following recent leases brokered by Pierson Commercial.

Residential & Mixed Use
Denholtz, a leader in value-add commercial projects, also returning to residential

Now in its 65th year in business, Denholtz Associates has continued its longtime focus on value-add office and industrial projects. But it’s also marking a return to its roots, with a pipeline that includes new residential construction for the first time in decades.

Editor’s Note
Editor’s note: After a busy year, a look at what’s to come

Ask anybody in the real estate business and they’ll most likely agree: Being busy is a good thing. We couldn’t agree more as a publication that covers this industry and thrives on all of the deal making, construction activity and other bits of news that help us bring you a monthly magazine and a daily newsletter. The market has been so busy that I’m not quite sure where the time has gone, yet here we are as we prepare to close out the first year of Real Estate NJ.

Events
CREW NJ inducts new president, board of directors (SLIDESHOW)

A new slate of leaders have taken the reins at Commercial Real Estate Women of New Jersey, the state’s top association for connecting and advancing professional women across the industry.

Residential & Mixed Use
KRE partners with home hospitality app at Journal Squared, other Jersey City buildings

KRE Group has partnered with a mobile platform to provide home hospitality services at more than 2,000 apartments in Jersey City, starting with its high-profile Journal Squared project.