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.

Finance & Capital Markets
HFF marketing Hoboken apartment complex

The owner of a two-building, 128-unit apartment complex in Hoboken has tapped HFF to sell the property, with brokers touting a “substantial value-add potential” in the state’s strongest rental submarket.

Residential & Mixed Use
Value Cos. to manage Montclair apartment buildings

A landlord in Montclair has tapped Value Asset Management to oversee leasing and management of two neighboring apartment buildings in the Essex County township.

Event Coverage
Woodmont execs detail developer’s transformation

If the first 40 years of Woodmont Properties were about becoming an institution in New Jersey’s real estate sector, the last 10 have been about ushering in a new era for the Fairfield-based firm. Look no further than the developer’s multifamily portfolio.

Finance & Capital Markets
Gebroe-Hammer brokers multifamily sales in Bergen County

Brokers with Gebroe-Hammer Associates have had a busy stretch in Bergen County recently, arranging more than $70 million in multifamily investment sales.

Top News
BNE unveils new Bloomfield apartment building

BNE Real Estate Group has taken the wraps off its new 140-unit, luxury apartment building in downtown Bloomfield.

Residential & Mixed Use
Dranoff, Schreiber look ahead after setting the stage for NJPAC development

Stakeholders in the city are now looking ahead to a long-awaited groundbreaking for One Theater Square, a high-profile, mixed-use project that was conceived more than a decade ago. The $116 million proposal calls for a glassy, 22-story luxury apartment tower sitting atop street-level retail space, aiming to transform a 1.2-acre lot across from NJPAC.

Finance & Capital Markets
Morristown midrise among seven deals brokered by Gebroe-Hammer’s Tragash

A midrise apartment building in Morristown has traded hands for $18.5 million, the largest among more than $50 million worth of recent investments sales orchestrated a veteran broker with Gebroe-Hammer Associates.

Residential & Mixed Use
Jonathan Rose unveils South Orange development

Jonathan Rose Cos. has opened the doors to its first ground-up development project in New Jersey, a 215-unit apartment building just steps from the South Orange train station.

The Rundown
Developer seeks to convert former Jersey City hospital

City officials are weighing a developer’s plan to redevelop a former hospital in Jersey City into a nine-story, 99-unit residential and retail building, according to The Jersey Journal.

Residential & Mixed Use
Structure Tone serving as lead contractor for Bell Works

Somerset Development has tapped Structure Tone Inc. to oversee construction plans, renovations and subcontractor management at Bell Works, the mixed-use redevelopment at the sprawling former Bell Labs complex in Holmdel.