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
Gold Coast condo building hits 75 percent in preconstruction sales

A developer has sold more than three-quarters of a new 107-unit condominium building in Jersey City, touting the milestone as it prepares to welcome its first residents.

Residential & Mixed Use
West New York rental building sells for $1.2 million

A nine-unit apartment building in West New York has changed hands among private investors, following a $1.2 million sale brokered by Marcus & Millichap.

Residential & Mixed Use
Joint venture breaks ground at Harrison project while unveiling another

Developers have marked dual milestones in their effort to transform Harrison’s waterfront, breaking ground on one luxury residential project and touting the completion of another.

Finance & Capital Markets
Eastern Union brokers $69.5 million refinancing for 11-building portfolio

An investor has refinanced an 11-building apartment portfolio in New Jersey and the Bronx, following more than $69 million in transactions arranged by Eastern Union Funding.

Finance & Capital Markets
Mixed-use portfolio in Newark secures $3.7 million bridge loan, Procida says

Procida Funding has closed a $3.66 million bridge loan secured by a four-building, mixed-use portfolio across the street from Rutgers University in downtown Newark, the firm announced.

The Rundown
Signs of life at Kushner Cos. project in Journal Square, report says

Local officials in Jersey City are set to consider a revamped version of the high-rise project at the center of a controversy earlier this year involving the family of Jared Kushner, a published report said.

Residential & Mixed Use
Developer launches sales at 429-unit condo project in Jersey City

A developer has launched sales at its first project in New Jersey, a two-building luxury condominium project along the Hudson River waterfront in Jersey City.

Finance & Capital Markets
Case launches small loan program for projects nearing stabilization

Case Real Estate Capital LLC, a commercial real estate investment and financing firm, has launched a new program to provide lower-interest loans for properties that are close to stabilization.

Residential & Mixed Use
Developer, arts organization ink lease at new Montclair rental project

An arts organization will occupy the ground floor of a new apartment building in downtown Montclair, as its developer nears the completion of leasing at the 40-unit property.

Residential & Mixed Use
NJCU, developer break ground on next phase of $400 million redevelopment in Jersey City

A developer is set to begin construction on a new 149-unit apartment building on land owned by New Jersey City University, in what will be the second of four residential projects aimed at growing the institution’s footprint and sparking the west side of Jersey City.