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
As towns push fair share plans, developers face an interesting twist

Along with a new opportunity, a potential statewide push for affordable housing comes with a touch of irony for developers like Pennrose.

Events
CRE leaders share advice, tips and insights at Rutgers career seminar (PHOTOS)

More than 100 commercial real estate industry hopefuls gathered in Newark recently for the Rutgers Center for Real Estate’s annual career seminar.

Professional Services
AeroFarms, other sustainable projects honored by USGBC NJ (see the full list)

At its annual gala, the New Jersey chapter of the U.S. Green Building Council honored the AeroFarms project in Newark and presented five awards and three honorable mentions to sustainably built projects in New Jersey.

Finance & Capital Markets
HFF marketing more than 1,000 units at 52-acre Plainsboro community

A sprawling garden apartment community outside Princeton is on the market to investors seeking a property in a high-barrier-to entry suburb, according to brokers with HFF.

Residential & Mixed Use
Construction underway on latest Woodmont rental project

Woodmont Properties has started construction on another transit-centric residential development in Middlesex County, this time in South Amboy at a site along the Raritan Bay.

Residential & Mixed Use
Gebroe-Hammer: 106-unit rental property fetches $10.5M

An investor has acquired three apartment properties in Elizabeth as part of a $10.5 million portfolio sale arranged by Gebroe-Hammer Associates, the brokerage firm said Monday.

Industrial
IOREBA panel tackles changes and challenges in N.J. commercial real estate

No matter the asset class, commercial real estate in New Jersey is changing in a big way.

That was the message of industry leaders earlier this week as some 350 owners, brokers and other professionals gathered for the annual Developer’s Night hosted by IOREBA, or the Industrial and Office Real Estate Brokers Association.

Residential & Mixed Use
Union County apartment sales total $15.4M

Nearly 130 apartments in Union County have changed hands for a total of more than $15 million under two separate transactions brokered recently by The Kislak Co. Inc.

Finance & Capital Markets
Meridian arranges $26.6M refinance for Sayreville rental project

A developer is refinancing a newly built apartment complex in Middlesex County with the help of a $26.6 million loan brokered by Meridian Capital Group, the firm said Monday.

Residential & Mixed Use
Gebroe-Hammer touts nearly $30M in Essex County trades

More than 300 apartments have changed hands in eastern Essex County under two recent portfolio sales brokered by Gebroe-Hammer Associates, the firm said Monday.