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.

AeroFarms, other sustainable projects honored by USGBC NJ (see the full list)

At its annual gala, the New Jersey chapter of the U.S. Green Building Council honored the AeroFarms project in Newark and presented five awards and three honorable mentions to sustainably built projects in New Jersey.

HFF marketing more than 1,000 units at 52-acre Plainsboro community

A sprawling garden apartment community outside Princeton is on the market to investors seeking a property in a high-barrier-to entry suburb, according to brokers with HFF.

Construction underway on latest Woodmont rental project

Woodmont Properties has started construction on another transit-centric residential development in Middlesex County, this time in South Amboy at a site along the Raritan Bay.

Gebroe-Hammer: 106-unit rental property fetches $10.5M

An investor has acquired three apartment properties in Elizabeth as part of a $10.5 million portfolio sale arranged by Gebroe-Hammer Associates, the brokerage firm said Monday.

IOREBA panel tackles changes and challenges in N.J. commercial real estate

No matter the asset class, commercial real estate in New Jersey is changing in a big way.

That was the message of industry leaders earlier this week as some 350 owners, brokers and other professionals gathered for the annual Developer’s Night hosted by IOREBA, or the Industrial and Office Real Estate Brokers Association.

Union County apartment sales total $15.4M

Nearly 130 apartments in Union County have changed hands for a total of more than $15 million under two separate transactions brokered recently by The Kislak Co. Inc.

Meridian arranges $26.6M refinance for Sayreville rental project

A developer is refinancing a newly built apartment complex in Middlesex County with the help of a $26.6 million loan brokered by Meridian Capital Group, the firm said Monday.

Gebroe-Hammer touts nearly $30M in Essex County trades

More than 300 apartments have changed hands in eastern Essex County under two recent portfolio sales brokered by Gebroe-Hammer Associates, the firm said Monday.

All business: A decade later, Woodbridge mayor still has economic development at the top of his agenda

Since taking office in late 2006, Woodbridge Mayor John McCormac has emerged as one of the most development-friendly and pro-business mayors in all of New Jersey. He and his economic development team can boast a record that includes two new power plants, millions of square feet of warehouse space and dozens of new retailers, banks and eateries that have opened during that time.

McCormac: Sharing the benefits of redevelopment with school district is ‘common sense’

Woodbridge Mayor John McCormac is proud of the fact that, for all of the administration’s payment in lieu of taxes agreements with developers over the past decade, not one project has impacted the school system.

But Town Hall is still making sure that the school system is benefiting.