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
Two months in, Bloomfield rental property marks leasing milestone

A new 140-unit, luxury apartment complex in Bloomfield has leased 50 percent of its units in less than two months — a pace that exceeds the expectations of its own developer.

Residential & Mixed Use
Marketing push underway for transformative Journal Square project

With its partner, National Real Estate Advisors, KRE Group is preparing to open a high-profile project in one of Jersey City’s most storied neighborhoods — a 53-story residential tower that will mark the first piece of what’s known as Journal Squared.

Residential & Mixed Use
N.Y. firm eyes 2.3M sq. ft. redevelopment of Newark stadium

A developer has closed on its acquisition of the former Newark Bears baseball stadium in the state’s largest city, paving the way for it to redevelop the site into a sprawling mixed-use neighborhood.

Health Care & Education
Industry hopefuls meet industry leaders at career seminar

A career seminar hosted by Montclair State University’s Feliciano School of Business connected attendees with real estate industry leaders in several specialties, including brokerage, property management, value-add investing, development and institutional investing.

Finance & Capital Markets
Gebroe-Hammer duo brokers more than $300M in sales in 18 months

A team of brokers with Gebroe-Hammer Associates is marking more than $330 million in sales brokered over the past 18 months, a deal volume that includes more than 1,700 units.

Residential & Mixed Use
Health care, higher ed fuel leasing at Newark rental project

A focus on “eds and meds” has been a key ingredient in many urban success stories. For 24 Jones, one of the newest residential developments in Newark, the early returns show that to be part of a winning formula.

Residential & Mixed Use
Denholtz sells development site alongside Tampa office building

Denholtz Associates has sold a parcel in Tampa, Florida, that is slated for multifamily development, following its acquisition of the site and the adjacent Tampa Bay Times headquarters building earlier this year.

Finance & Capital Markets
Kislak: Elizabeth apartment sales total $12.3 million

Five multifamily buildings have new owners after a series of investment sales brokered by The Kislak Co. Inc.

Finance & Capital Markets
HFF closes sale of Riverdale apartment complex

An investment group has acquired a 212-unit, midrise apartment property in Riverdale, in a deal arranged by brokers with HFF.

Residential & Mixed Use
Kislak: East Orange apartment properties trade for $19.6M

The Kislak Co. Inc. has sold an apartment portfolio spanning five properties in East Orange, in what the firm says is the largest multifamily sale in the city since 2012.