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.

A guiding force: Why time with Newark Alliance will loom large for new EDA chief Weiss

Evan Weiss had his reasons for leaving state government in 2021. One of them, he recalls, was “because I started to feel so removed” from the constituents who were affected by the sweeping policies and billions in funds he helped deploy as a top adviser to Gov. Phil Murphy.

He rediscovered that connection as head of the nonprofit Newark Alliance, a role he held for four years — and one that will loom large as he returns to Trenton as CEO of the state Economic Development Authority.

P3 buys 147-unit Passaic rental property in $49 million deal with Birch Group, C&W says

P3 Properties has made a major acquisition in Passaic, adding a 147-unit multifamily property with further development potential in a deal arranged by Cushman & Wakefield.

CBRE: Hoboken retail property, would-be development site, trades for $8.2 million

A developer is eyeing plans for a new mixed-use project in Hoboken after acquiring a downtown retail property for more than $8 million, brokers with CBRE announced Monday.

Let it snow: What winter really does to construction in Jersey

Winter in the Northeast doesn’t just slow projects down. It complicates everything. And when temperatures dip into the single digits, the margin for error disappears entirely.

Veris to be acquired by Affinius Capital-led group in $3.4 billion all-cash deal

An investor group led by Affinius Capital is acquiring Veris Residential Inc., in a $3.4 billion deal that will take the company private after its high-profile, multiyear pivot from the iconic former Mack-Cali Realty Corp.

First residents arrive at new Walters affordable housing property in Burlington County

Walters is welcoming residents to its latest project in New Jersey, a new 72-unit affordable rental community in Burlington County’s Hainesport Township.

New 97-unit luxury rental building in West New York on the market for sale, CBRE says

The developer of a new 97-unit luxury apartment building in West New York is seeking a buyer for the property, in a newly announced offering by CBRE.

L+M, Pierson Commercial lease up retail space at iconic Hahne & Co. project in Newark

Pierson Commercial has completed the lease-up of nearly 30,000 square feet of retail space at Hahne & Co., the landmark project in downtown Newark by L+M Development Partners.

Sterling Properties enters Connecticut with new 117-unit luxury rental project

Sterling Properties Group has planted a flag in Connecticut, where it’s marking the debut of a 117-unit luxury apartment property near one of the state’s largest cities.

Destination Plainfield: Queen City, with thousands of new units online, turns its focus to retail and recreation

First, Plainfield officials focused on building out their housing stock. Now, they’re making sure residents have a reason to stay in town by working to attract new shopping, entertainment and restaurant options.