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
Kushner Cos. buying Plainsboro rental complex for $190 million

Kushner Cos. has acquired a 1,032-unit garden apartment community near Princeton for $190 million, bringing the property back under its control more than a decade after selling it.

Government & Public Policy
NJAA names new assistant VP for government affairs

The New Jersey Apartment Association has added to its government affairs team with the hiring of a new assistant vice president, the organization announced Monday.

Residential & Mixed Use
HMFA, Walters Group unveil new 102-unit Toms River development

A developer and state officials have marked the opening of a new 102-unit, affordable housing community in Toms River that will be reserved for senior citizens.

Residential & Mixed Use
New Brunswick arts redevelopment completes $171 million financing package

The team behind the highly anticipated, mixed-use New Brunswick Performing Arts Center project has closed on the financing for the sweeping $171 million development.

Government & Public Policy
Affordable housing in focus at PlanSmart NJ forum

With less than two months until Election Day, surrogates for New Jersey’s two leading candidates for governor on Thursday spoke directly to real estate and land use experts. As it often is, affordable housing was the dominant topic.

Residential & Mixed Use
Developer breaks ground on 91 apartments in Seaside Heights

The Walters Group has started construction on its latest apartment community in Ocean County, a 91-unit project that is set to redevelop a long-neglected block in Seaside Heights.

Residential & Mixed Use
Kislak: Elizabeth rental building fetches $7.5 million

A fully occupied, 77-unit apartment building in Elizabeth has changed hands for more than $7.5 million, in a sale brokered by The Kislak Co. Inc.

Top News
Real estate leaders remember Jerry Gottesman, a ‘visionary’ and industry icon

Edison Properties Co-Founder and Chairman Jerry Gottesman, an iconic figure in New Jersey commercial real estate whose career spanned more than six decades, has died at age 87.

Residential & Mixed Use
Leasing underway at new 448-unit Jersey City tower

A developer has opened the doors to a new 44-story apartment building in Jersey City, delivering nearly 450 luxury units to the city’s waterfront Liberty Harbor neighborhood.

Finance & Capital Markets
Jersey City project among recent CRE loans for Investors

Lenders with Investors Bank have closed $15.6 million in financing for a planned mixed-use building in Jersey City, one of three major loans closed by the bank in recent weeks.