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.

Photos
SLIDESHOW: NAIOP New Jersey’s 31st commercial real estate awards

NAIOP New Jersey’s annual commercial real estate awards, the state’s largest industry event of the year, drew a sellout crowd of more than 800 to The Palace at Somerset Park on May 10.

Retail
Gourmet market, deli leases 5,000 sq. ft. for second Jersey City location

A gourmet community market and deli will join the retail mix at the growing Jersey City neighborhood known as SoHo West, where it has leased 5,000 square feet.

Roundtable
How is technology changing construction — or creating new development opportunities?

How is technology changing construction — or creating new development opportunities? We assembled a panel of industry experts to tackle this month’s question.

Events
USGBC honors New Jersey sustainability leaders at annual gala

Sustainable and ecofriendly projects were in the spotlight on Wednesday night, as the U.S. Green Building Council of New Jersey handed out its annual green building awards.

Residential & Mixed Use
Bijou prepares to launch sales at new Hoboken condos

Bijou Properties is set to debut its latest luxury residential project in Hoboken, a set of 10 condominiums in the northwest section of the city.

Editor’s Note
Making strides

No matter how much I write about commercial real estate, it’s never enough for me to fully appreciate the connection between a developer and one of his or her buildings. That said, Peter Sudler summed it up well enough earlier this year, when he spoke about demolishing a vacant, antiquated office building to make way for a new industrial development.

Residential & Mixed Use
Jersey City apartment, retail project lands $26.25 million construction loan

Progress Capital Advisors has secured more than $26 million in financing for the construction of a new nine-story, mixed-use building in the McGinley Square section of Jersey City.

Residential & Mixed Use
Proposed 162-unit residential project in Bayonne clears key hurdle

A developer has won a key local approval in Bayonne for a two-building, 162-unit apartment project near one of the city’s light rail stops.

Finance & Capital Markets
Progress inks $5.3 million loan for Hudson County apartment deal

Progress Capital Advisors has brokered a nearly $5.3 million loan for a client to acquire a 44-unit apartment building in Hudson County, the mortgage brokerage firm announced.

Event Coverage
‘A changing industry’ in focus as NAIOP gala honors CRE leaders, deals of the year

A crowd of more than 800 turned out Thursday for NAIOP New Jersey’s 31st annual commercial real estate awards gala, where the organization honored some of the industry’s top executives and unveiled its coveted Deal of the Year Awards.