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
Boutique rental property in Maplewood is 100 percent leased, JMF says

JMF Properties has completed the lease-up of its 20-unit, wellness-focused residential community in downtown Maplewood.

Residential & Mixed Use
Strength in numbers: Brogan has led the effort to grow NJAA’s membership, impact and influence

The growth of the New Jersey Apartment Association over the past three years has been tough ignore: The organization has pushed to expand its ranks, create new benefits to members and raise its profile and influence among policymakers and fellow business leaders. Those strides have garnered national attention for both the organization and its leader.

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SLIDESHOW: Rutgers hosts second annual real estate capital allocation conference

Industry experts, thought leaders and students were among those who turned out recently for the Rutgers Center for Real Estate’s second annual Capital Allocation Conference, which took place April 12 at the Hyatt Regency Jersey City.

Residential & Mixed Use
NJIT touts plans for new apartments, next phase of Gateway project in Newark

The New Jersey Institute of Technology has unveiled its latest expansion plans in Newark, joining developer PRC Group and city officials on Wednesday to detail a proposed 99-unit apartment building on its campus.

Residential & Mixed Use
Hoboken building trades for first time in 50 years, Redwood says

The owner of a two-building, 10-unit apartment property in Hoboken has sold the asset after more than 50 years, brokers with Redwood Realty Advisors said Wednesday.

Finance & Capital Markets
Progress sources $4.65 million bridge loan for mixed-use project

Progress Capital Advisors has arranged $4.65 million in financing for a client’s 814,000-square-foot, mixed-use development about 35 miles outside New Jersey.

Residential & Mixed Use
Paterson apartments sell for $1.9 million, Colliers says

A private investor has acquired a 14-unit apartment property in Paterson for $1.9 million, brokers with Colliers International announced Tuesday.

Residential & Mixed Use
Developers begin rehab of historic New Jersey Bell tower in Newark

A joint venture has started construction to restore a historic office tower in downtown Newark, with plans to create 265 apartments and 80,000 square feet of office and retail space.

Residential & Mixed Use
Developer kicks off $48 million Camden apartment project (VIDEO)

A development team has broken ground on a new 156-unit apartment building on the Camden waterfront, kicking off what will be the city’s first newly built market-rate units in 25 years.

Residential & Mixed Use
For Mack-Cali, Morris Plains project will be a showcase for office-to-residential conversion

The former site of an outdated, long-vacant office building in Morris Plains has been reborn as luxury apartments and is now on a path to “a much longer and better livelihood.” At least, that’s how Andrew Marshall described it on Thursday as he welcomed local officials and the development team to the property at 250 Johnson Road.