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
HFF marketing Mercer County apartment community

The owner of a 312-unit, Princeton-area apartment community has hired HFF to sell the property.

Residential & Mixed Use
Kislak touts $11.6 million in North Jersey multifamily deals

Three Essex County buildings with a combined 178 apartments have changed hands for a total of $11.6 million, following recent sales arranged by The Kislak Co. Inc.

Residential & Mixed Use
Upper Montclair properties fetch $3.25 million

A private investor has sold two neighboring mixed-use properties in Montclair for a combined $3.25 million, according to brokers with Marcus & Millichap.

Office
NGKF: Redevelopment, conversion projects increasingly help ‘prune’ N.J. office market

Large vacancies have loomed over northern New Jersey’s office market in recent years, but a series of redevelopment and adaptive reuse projects are now helping to make a dent in the region’s stubbornly high availability rate.

Current Issue
Value drivers: How Onyx became a top player in New Jersey real estate

John Saraceno Jr. (left) and Jonathan Schultz, co-founders and managing principals of Onyx Equities LLC, have helped grow the company into one of the state’s top private value-add investment firms in New Jersey since its founding in 2004. — Photo…

Residential & Mixed Use
C&W brokers sale of 68-unit apartment portfolio in Newark

The longtime owner of two Newark apartment buildings has sold them for $4.8 million, in a 68-unit trade brokered by Cushman & Wakefield’s Metropolitan Area Capital Markets Group.

Office
Mack-Cali unveils new Jersey City beer garden

In the latest sign of its plans to remake its footprint along the Hudson waterfront, Mack-Cali Realty Corp. has opened the doors to a new beer garden in Jersey City.

People
Pennrose hires new VP in property management

A property management veteran has joined Pennrose to oversee thousands of multifamily units in eastern Pennsylvania and New Jersey, the company said Friday.

Retail
Ripco tapped to market retail space at historic West Orange redevelopment

Brokers with Ripco Real Estate are leading the effort to attract retail tenants to a long-awaited mixed-use development currently under construction in West Orange.

Finance & Capital Markets
Meridian: Senior housing complex trades with the help of $15.3 million loan

Meridian Capital Group has arranged $15.3 million in financing for a client to acquire a 159-unit senior housing complex in Essex County, the firm said Wednesday.