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.

Boiling over: Inside a developer’s seven-year saga in Mahwah — and the legal fight that’s now underway

The developers behind a long list of mixed-use, transit-oriented projects across the state have long hoped to bring that formula to Mahwah, touting the untapped potential of a tract at the township’s train station. Yet their attorneys say they’ve been stymied by years of stall tactics and legal obstructions by municipal officials, often without explanation or justification.

Residential & Mixed Use

Investor buys 57-unit Summit apartment complex for $21 million, Kislak says

A private investor has sold a 57-unit garden apartment complex in Summit for more than $21 million, in a newly announced deal by The Kislak Co. Inc.

Government & Public Policy

Rutgers real estate center leader Davis tapped as nation’s chief housing economist

Morris Davis, the longtime academic leader of the Rutgers Center for Real Estate, is joining the White House Council of Economic Advisers as the nation’s chief housing economist.

Denholtz adds Loy, Vasquez in key asset management positions

Denholtz has bolstered its asset management team with two new hires, welcoming commercial real estate industry veterans Warren Loy and Nicole Vasquez.

Residential & Mixed Use

Halpern reaches 80 percent leased at 337-unit Jersey City rental building

Halpern Real Estate Ventures has leased more than three-quarters of Birch House, its distinctive 337-unit luxury apartment building in Jersey City’s resurgent West Side.

Residential & Mixed Use

Hartz launches leasing at 250-unit Fairways at Cranford property

Leasing is underway at a new 250-unit multifamily property that has helped revitalize the former site of an aging office complex in Cranford.

Finance & Capital Markets

Lenders Cap closes $54 million construction loan for 251-unit rental project outside Miami

A developer has closed on a $54 million construction loan for a planned 251-unit multifamily project in South Florida, in a deal arranged by Lenders Capital Realty Services.

Residential & Mixed Use

Malas Development unveils 256-unit Teaneck rental building amid early leasing momentum

Malas Development has taken the wraps off a 256-unit luxury apartment building in Teaneck, with plans for a second phase next door as it transforms what was a large industrial site.

Residential & Mixed Use

Developer taps Kislak as sales broker for new 24-unit apartment building in Jersey City

The developer of a new 24-unit apartment building in Jersey City is looking to sell the property, in a newly announced offering by The Kislak Co. Inc.

Finance & Capital Markets

BHI provides $35 million construction loan for 202-unit TAY Investments project in Jersey City

TAY Investments has secured a $35 million construction loan from BHI to build a new 202-unit apartment building in Jersey City’s West Side neighborhood.