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.

Finance & Capital Markets
HFF brokers $147M sale of N.Y. multifamily property

A brokerage team from HFF’s New Jersey office has closed the $147 million sale of a 504-unit apartment community in nearby Rockland County, New York.

Finance & Capital Markets
Upgrades planned for historic Union City artist lofts complex

An investment and development firm has acquired the historic Silk Mill Lofts property in Union City, with plans to spend millions on upgrades in order to boost occupancy at the artist-work complex.

Residential & Mixed Use
Thousands of units still to come in Gold Coast building boom

If you thought the luxury building boom along New Jersey’s Hudson waterfront was on the verge of slowing down, think again

People
Sanzari hires Santoni to lead residential property division

Andrea Santoni has joined Alfred Sanzari Enterprises as a residential property manager in charge of some 500 apartments in Bergen County, the firm announced.

Residential & Mixed Use
JLL seeking office tenants for historic Newark building

The development team that is restoring the former Hahne & Co. building in Newark has hired JLL to market the remaining office space in the soon-to-be-transformed landmark.

Deals
HFF arranges $73 million loan for Harrison multifamily project

HFF has secured $73 million in financing for Russo Development’s recently completed, 398-unit multifamily community in Harrison, the real estate services firm said Wednesd

Deals
Rockefeller lands $70M construction loan for AVE Florham Park

The Rockefeller Group has secured $70 million in financing on behalf of its joint-venture partnership with Korman Communities for the construction of AVE Florham Park, a flexible-stay community in Florham Park.

Events
Lennar cuts ribbon on new condo building in Weehawken

By Real Estate NJ Lennar Corp. has cut the ribbon on 103 condominium units in Weehawken, adding to its footprint in the master-planned Port Imperial development. The property at 1200 Avenue at Port Imperial is the second phase of Lennar’s…