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.

Deals
Gebroe-Hammer touts $7.6 million apartment sale in Warren County

Ravenscroft Apartments at 26 Fairview Ave. in Phillipsburg — Courtesy: Gebroe-Hammer Associates By Joshua Burd A private investor has acquired a 76-unit apartment complex in Warren County, in a $7.6 million transaction arranged by Gebroe-Hammer Associates. The multifamily brokerage said…

Residential & Mixed Use
CBRE touts $19.3 million in Essex County multifamily sales

More than 230 apartment have changed hands in Essex County as part of nine multifamily investment sales brokered this year by CBRE.

Residential & Mixed Use
Homebuilder launches new realty, services division to spur construction

Walters Homes has launched a realty division aimed at spurring new construction or redevelopment at vacant and existing residential sites in Ocean County.

Residential & Mixed Use
Woodmont touts 100 percent leased milestone at Morris County rental project

Woodmont Properties has reached full occupancy at its luxury 300-unit apartment community in Mount Arlington, touting the demand for high-end rentals in a suburban setting.

Retail
Montclair project welcomes new 2,500 sq. ft. CycleBar studio (SLIDESHOW)

CycleBar has opened the doors to a new 2,500-square-foot studio in downtown Montclair.

Government & Public Policy
Developers: State, federal reforms bring uncertainty for CRE industry in 2018

For all of the looming questions about federal tax reform, the state’s commercial real estate sector is also facing uncertainty about the impact of a new governor and Legislature.

Office
Prism launches new website, digital platforms for Roche redevelopment

Prism Capital Partners has unveiled a new website and social media platforms for the ongoing redevelopment of the former Hoffmann-La Roche campus in Clifton and Nutley, as part of its effort to gather community input at what is now known as ON3.

Residential & Mixed Use
CBRE: Deal sets the stage for redevelopment near train station

CBRE has brokered the long-awaited sale of an industrial site in Long Hill Township, paving the way for a proposed redevelopment of the property as a new transit-oriented community.

Residential & Mixed Use
East Orange apartment sales total $11.75 million

Seven apartment buildings with 140 units in East Orange have changed hands for a combined $11.75 million, in a set of transactions announced Friday by The Kislak Co. Inc.

Residential & Mixed Use
Cervelli brokers investment sales in Jersey City, West New York

An investor has paid nearly $1.2 million for a six-unit apartment building in Jersey City, in one of two recent transactions brokered by Cervelli Real Estate & Property Management.