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
For Bijou, building neighborhoods is a top priority

Building neighborhoods has been a common thread as Bijou has made its mark on the lesser-known northern and western ends of Hoboken, not only with successful residential projects, but with new retail spaces that can draw foot traffic and activity beyond those who live in the area. In doing so, the firm has helped open new frontiers in its home city, which remains as popular as ever.

Retail
Marcus & Millichap touts banner year for northern New Jersey team

Brian Hosey By Joshua Burd Marcus & Millichap’s northern New Jersey office is trending upward, touting a year in which its total number of transactions grew by 44 percent. The brokerage said Thursday that its Saddle Brook-based team is one…

Finance & Capital Markets
Silver Arch announces $15 million loan for waterfront project in South Philly

Silver Arch Capital Partners has closed on a $15 million loan to help a developer jumpstart a mixed-use waterfront project in South Philadelphia, the Hackensack-based lender announced.

Health Care & Education
Office, education buildings emerging in Atlantic City

As the mixed-use Gateway project continues to rise in Atlantic City, its developer has released photos of the construction alongside renderings of the $220 million project.

Office
Mack-Cali set to dial back property sales after topping $500 million in 2017

Mack-Cali Realty Corp. reaped more than $500 million last year from the sale of buildings and joint venture interests, with additional sales slated for 2018 as it winds down its plan to right-size and reposition its vast portfolio.

Professional Services
New hire bolsters CSG real estate group

Chiesa Shahinian & Giantomasi PC has announced a new addition to its real estate and development practice.

Residential & Mixed Use
HFF brokers $25 million loan for Morristown condo project

Debt brokers with HFF have arranged nearly $25 million in financing for the development of a 58-unit condominium project in downtown Morristown.

Finance & Capital Markets
Investors Bank touts $2.7 billion in CRE loans in 2017

Multifamily projects in Morristown and Monroe are among the latest developments financed by Investors Bank, contributing to more than $2.5 billion in commercial real estate activity completed by the lender in 2017.

Residential & Mixed Use
New $80 million rental tower slated for downtown Newark (SLIDESHOW)

A developer has unveiled plans for an $80 million luxury apartment project in Newark, touting a 256-unit tower that will offer “resort-style living” in the heart of the city’s downtown.

Residential & Mixed Use
Middlesex Co. apartments fetch $8.5 million, Kislak says

A longtime owner has sold the last multifamily building in its portfolio, a 68-unit property in Middlesex County that traded for $8.5 million.