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.

NJPAC taps Lizura to lead development efforts in Newark

Tim Lizura, a former longtime top executive with the state Economic Development Authority, has joined the New Jersey Performing Arts Center to oversee the development of the land around the downtown Newark venue.

CIS details new 100-unit senior housing project in Atlantic County

Community Investment Strategies has broken ground on a new 100-unit, age-restricted affordable housing complex in Galloway, the developer announced last week.

Panepinto donates $10 million to Saint Peter’s, its largest-ever gift

Developer Joseph A. Panepinto has donated $10 million to Saint Peter’s University, marking the largest-ever philanthropic gift to the Jersey City school in its nearly 150-year history.

Developer launches $20 million affordable housing rehab in East Orange

A developer has kicked off a $20 million rehabilitation of a 180-unit former public housing complex in East Orange, under a partnership with the city’s housing authority.

Prism debuts apartments at historic Edison complex in West Orange (SLIDESHOW)

Prism Capital Partners has taken the wraps off its new apartments at Edison Village, an industrial-to-residential conversion of the historic Thomas Edison complex in West Orange.

C&W marketing 135-unit rental portfolio in Woodbridge area

A seven-building, 135-unit apartment portfolio in Central New Jersey is on the market, Cushman & Wakefield announced, touting the potential for continued rent growth in properties that are less than five years old.

Wilcox touts $2.5 million loan for historic Morristown property

G.S. Wilcox & Co. has brokered $2.5 million in financing for a nearly 24,000-square-foot, mixed-use building in downtown Morristown.

Developer lands $258 million loan package for 1,161 units in three towns

A developer has secured nearly $260 million in financing for multifamily projects in Bayonne, Linden and Raritan, following a transaction arranged by Meridian Capital Group.

Value Cos. picked to manage recently sold, 100-unit Bridgewater complex

The new owner of a 100-unit rental community in Bridgewater has tapped Value Cos. to oversee leasing and management of the property.

Bijou: Sales underway at new eco-built condos in Hoboken

Bijou Properties has launched sales at a new sustainably built, seven-story condominium building in Hoboken that it says is a first of its kind in New Jersey.