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.

Finance & Capital Markets
JLL: Developer lands $81 million financing package for new Jersey City rental properties

Alpine Residential has secured more than $81 million in financing for two of its newly delivered apartment buildings in Jersey City, brokers with JLL announced Tuesday.

Top News
Larken Associates eyes continued growth after 60 years of residential, commercial building

Larken Associates is marking its 60th anniversary in business, touting its evolution from a single-family homebuilder to a developer of multifamily and commercial properties with a growing portfolio in New Jersey and Pennsylvania.

Residential & Mixed Use
New 16-unit rental building in Paterson trades for $4.3 million, Kislak says

An investor has acquired a new 16-unit luxury apartment building in Paterson for $4.25 million, in a deal arranged by The Kislak Co. Inc.

Residential & Mixed Use
Hudson Atlantic brokers sale of 18-unit rental complex in Englishtown for $4.2 million

A private buyer has closed on an 18-unit apartment complex in Monmouth County for $4.2 million, according to brokers with Hudson Atlantic.

Residential & Mixed Use
Alpine, Fields Grade hit leasing milestone at new 87-unit Jersey City rental property

Alpine Residential and Fields Grade have leased more than 50 percent of a new 87-unit luxury rental building in Jersey City, their latest offering in the growing Bergen-Lafayette section.

Residential & Mixed Use
JLL: Buyer wanted for Connecticut townhome complexes with combined 406 units

Two high-end townhome complexes in Greenwich, Connecticut, are on the market for sale by way of new listings by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Newark Museum joins LMXD, MCI to break ground on 250 apartments, new artist spaces

Construction is underway on a project that will expand the footprint of The Newark Museum of Art, infusing the property with new mixed-income housing and public and exhibitions spaces.

Residential & Mixed Use
Hampshire launches leasing at new 270-unit luxury rental building in downtown Hackensack

Leasing is underway at Ora, a new 270-unit luxury apartment building that The Hampshire Cos. unveiled late last year in downtown Hackensack.

Residential & Mixed Use
Construction underway on Walters’ new 73-unit affordable housing property in Hainesport

Walters has broken ground on a collection of 73 upscale, income-restricted apartments in the Burlington County township of Hainesport.

Deals
Cervelli: North Bergen mixed-use building changes hands as tenant buys property

A tenant at a nearly 4,000-square-foot mixed-use building in North Bergen has acquired the property, in a newly announced deal by Cervelli Real Estate.