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.

Eastern Union secures $52M financing for rental acquisition

A rental community in Gloucester County has a new owner, following a $52.3 million financing deal orchestrated by Eastern Union Funding.

Construction underway at high-end rental project in Bayonne

Ingerman has broken ground on a planned 138-unit luxury rental community in Bayonne, where it hopes to be at the forefront of Hudson County’s next hot spot for development.

Marcus & Millichap brokers Hudson County apartment sale

A seven-unit apartment property in Union City has changed hands for just over $1 million, with Marcus & Millichap representing both parties in the deal.

Hudson County condo project secures $100M construction loan

A developer has closed on more than $100 million in construction financing for its high-end, 184-unit condominium project on the Hudson waterfront, where construction is well underway.

HFF brokers $40M loan for Meadowlands rental project

A developer is moving forward with the next piece of a luxury multifamily complex in the Meadowlands, HFF announced, after securing a $40 million construction loan for the project.

Teaneck multifamily sale nets $1 million

Marcus & Millichap has brokered the sale of an eight-unit apartment property in Teaneck for just over $1 million, the firm said Tuesday.

Essex County apartments to stay affordable after $22M trade

A multifamily owner is set to acquire a 178-unit property in East Orange, as part of a $22 million deal that calls for preserving its status as affordable housing.

Massive solar panel skylight coming to Bell Works

Somerset Development has started construction on what will be the latest distinctive piece of its vast Bell Works complex in Holmdel: the largest photovoltaic glass skylight in the United States.

Avison Young brokers $34M loan for Lehigh Valley project

Brokers in Avison Young’s New Jersey office have arranged more than $34 million in financing for a mixed-use development in Pennsylvania’s Lehigh Valley, the firm announced.

Global appeal: Foreign investors see new opportunity in New Jersey

As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.