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
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…

Professional Services
Property owners have come to learn the value of hurricane preparedness, and response

The five-year anniversary of Hurricane Sandy is a stark reminder that some of New Jersey’s most valuable real estate markets are also the most vulnerable. Frank Romeo knows that to be the case in not only the Garden State, but across the country.

Professional Services
Planned Cos. names new chief operations, revenue officers

Two long-serving executives are set to join the C-suite at Planned Cos., a Parsippany-based firm that provides janitorial, maintenance and other services to residential and commercial buildings.

Residential & Mixed Use
Woodmont, Baker break ground on 220-unit luxury rental project in Bayonne

Developers have kicked off a project that will bring more than 200 luxury apartments to the western shore of Bayonne, one of a half-dozen redevelopment efforts now underway in the city.

Government & Public Policy
Greater Trenton names new VP of marketing

The two-year-old nonprofit aimed at shepherding economic development in Trenton has bolstered its team with the hiring of a vice president of marketing and communications.

Office
Marcus & Millichap: Palisades Park office building fetches $3 million

An outgoing owner-occupier has sold a 2,000-square-foot office building in Palisades Park, in a $3 million deal arranged by brokers with Marcus & Millichap.