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
Investment firm’s $425 million housing plan to include northern N.J., New York City

A real estate investment firm plans to spend more than $200 million to acquire single-family and multifamily properties in northern New Jersey, Philadelphia and New York City, under a strategy that calls for repositioning the homes as workforce rental housing.

Residential & Mixed Use
Mack-Cali, Ironstate building in Jersey City hits leasing milestone

Renters have flocked to the distinctive 762-unit residential tower known as Jersey City Urby, bringing the building to nearly full occupancy only eight months after opening.

Residential & Mixed Use
HFF: Investors acquire AvalonBay community in Mercer County

AvalonBay Communities Inc. has sold a 312-unit apartment complex in Lawrenceville for nearly $90 million, marking the developer’s second sale of a New Jersey property in recent weeks.

Residential & Mixed Use
Linden rental property sells for $8.15 million, Kislak says

The developer of a 48-unit apartment building in Linden has sold the property for more than $8 million, in a transaction brokered by The Kislak Co. Inc.

Finance & Capital Markets
Gold Coast condo project secures $71.6 million construction loan

The developer of a high-end, 14-story condominium tower in Cliffside Park has closed on a $71.6 million construction loan, as it marches ahead toward a planned opening date next year.

Residential & Mixed Use
Fields launches leasing at new 255-unit rental building in Jersey City (PHOTOS)

A developer is set to debut a new 255-unit luxury apartment building in the Paulus Hook section of Jersey City, touting an infusion of rental units in a neighborhood dominated by brownstones.

Residential & Mixed Use
CBRE: Edison apartment complex trades for $6.2 million

An apartment complex in Edison that attracted more than 20 offers has changed hands for $6.2 million, according to brokers with CBRE who marketed the property.

Residential & Mixed Use
Developer adds 377 luxury rentals to Jersey City redevelopment area

Manhattan Building Co. has unveiled the latest piece of a large redevelopment area in Jersey City, opening the doors to a 377-unit complex known as SoHo Lofts.

Finance & Capital Markets
Meridian brokers $50 million loan for Woodbridge rental project

The developer of a mixed-use, 232-unit apartment project in Woodbridge has secured a $50 million construction loan under a transaction brokered by Meridian Capital Group.

Current Issue
All in on Jersey City: Pasternak discusses KABR’s diverse pipeline and moving forward in Journal Square

Ken Pasternak is chairman of the KABR Group, a real estate development and investment firm based in Ridgefield Park. — Courtesy: KABR Group By Joshua Burd It doesn’t have quite the cachet of a new luxury high-rise near the Hudson…