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
NJAA installs new board president at annual meeting (SLIDESHOW)

A longtime executive with Morgan Properties has taken the helm as board president of the New Jersey Apartment Association.

Residential & Mixed Use
Hartz celebrates debut of long-awaited, 469-unit rental complex in Secaucus

Hartz Mountain Industries has marked a milestone more than 35 years in the making, opening the first residential community within its well-known Harmon Meadow development in Secaucus.

Government & Public Policy
NJBA honors standouts in housing, building industry at annual luncheon

The New Jersey Builders Association recognized more than two dozen developers and professionals earlier this week as part of its annual Industry Awards.

Top News
Murphy announces pick to lead EDA

Gov. Phil Murphy has named a former banker and current public official in Connecticut as the next CEO of the powerful New Jersey Economic Development Authority.

Residential & Mixed Use
Downtown Trenton could support hundreds of new residential units, study finds

Downtown Trenton is poised to support the development more than 700 new residential units over the next five years, anchored by a contingent of younger singles and couples.

Finance & Capital Markets
Cross River hires veteran banker to grow CRE lending division

A veteran loan officer has joined Cross River, a Fort Lee-based bank with a growing multifamily and commercial real estate division.

Residential & Mixed Use
Jersey City rental tower hits leasing milestone

Five months after debuting its new luxury rental tower in Jersey City, Fisher Development Associates has leased more than 50 percent of the building’s 448 apartments.

Residential & Mixed Use
Redwood: Investor buys Bayonne apartments for $32 million, plans expansion

An investment firm has paid $32.1 million for an 85-unit, high-end apartment building in Bayonne, where it’s now planning an expansion that will more than double the number of units.

Professional Services
GZA acquires engineering firm Melick-Tully, growing N.J. footprint

Consulting firm GZA GeoEnvironmental Inc. has expanded its presence in New Jersey with the acquisition of Melick-Tully and Associates P.C., a Somerset County-based practice.

Residential & Mixed Use
Investor pays $14.25 million for West Caldwell apartments, Kislak says

A newly built, 30-unit apartment building in West Caldwell is under new ownership, following a $14.25 million sale arranged by The Kislak Co. Inc.