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
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.

Residential & Mixed Use
At N.J. apartment summit, experts tout a dual-powered market

Experts touted the success of two separate classes in the state’s multifamily sector. One set consists of the high-end, newly built rentals along the Hudson waterfront, while the other includes the older, garden-style apartments that are farther west, but ripe for value-add improvements.

Residential & Mixed Use
Chinese builder breaks ground on Jersey City condo complex

The U.S. affiliate of a Chinese construction giant has broken ground on its first project in Jersey City, a 358-unit condominium complex within the city’s waterfront Newport section.