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
Donnelly completes 60-unit rental project along NJ Transit rail line in Denville

Donnelly Industries has unveiled a new 60-unit apartment building in Denville, touting a location directly next to a train station and minutes from the town’s popular business district.

Residential & Mixed Use
Kislak pairs longtime clients, inks sale of Poughkeepsie apartments for $8.4 million

An investor has purchased a 58-unit apartment complex in New York’s Dutchess County for nearly $8.4 million, according to a listing team with The Kislak Co. Inc.

Residential & Mixed Use
CBRE: Summit Assets sells new 30-unit Maplewood rental property for $13 million

The developer of a new 30-unit luxury apartment building in Maplewood has sold the property for nearly $13 million, according to a listing team with CBRE.

Professional Services
Studio 1200, marking 20th anniversary, named AIA-NJ Firm of the Year

Studio 1200 is starting the year on a high note after winning AIA New Jersey’s Firm of the Year award, a top honor recognizing excellence in design, practice and service to the profession.

Finance & Capital Markets
CBRE: Blackstone 360 lands $60 million permanent loan for 213-unit East Orange high-rise

Blackstone 360 has closed on $60 million in permanent financing for a new 213-unit luxury apartment tower in East Orange, in a deal arranged by CBRE.

Residential & Mixed Use
Reynolds unveils property management platform for growing multifamily holdings

Reynolds Asset Management has launched a property management arm to support its fast-growing portfolio of apartments in the Garden State and beyond.

Residential & Mixed Use
Equity Residential sells 301-unit Hoboken rental property as part of $400 million portfolio deal

Equity Residential has sold a 301-unit apartment building in Hoboken as part of a reported three-state, three-property portfolio sale with a Los Angeles-based buyer.

Residential & Mixed Use
Developer seeking buyer for new 298-unit high-end rental property in Weehawken, JLL says

The owner of a new luxury apartment community in Weehawken’s acclaimed Port Imperial district has listed the property for sale, according to a brokerage team with JLL.

People
Accordia’s Gordon, Huelbig earn promotions as firm eyes continued growth

Accordia has promoted Alexa Gordon and Michael Huelbig, touting their contributions and evolving roles as the Fairfield-based firm expands its platform.

Residential & Mixed Use
Paramus tract slated for 162-unit luxury senior housing project sells for $9.25 million

A developer has acquired nearly 10 acres in Paramus with approvals in place for 162 age-restricted apartments, according to a brokerage team with Hudson Atlantic Realty.