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
Three-building, 26-unit apartment portfolio in Irvington fetches $3.3 million, Marcus says

A private investment firm has sold a three-building, 26-unit apartment portfolio in Irvington for nearly $3.3 million, brokers with Marcus & Millichap announced Tuesday.

Residential & Mixed Use
TFE unveils 60-unit first phase of new townhome project near downtown Somerville

TFE Properties has debuted the first piece of a development that will bring nearly 175 new townhome-style apartments to a site that’s minutes from downtown Somerville.

Finance & Capital Markets
Capodagli, SCALE ink $75 million bridge loan for 294-unit Little Ferry rental project

Capodagli Property Co. has closed on a $75 million bridge loan with SCALE Lending that will support its delivery of nearly 300 new apartments in Little Ferry.

Residential & Mixed Use
Toll Bros. debuts 259-unit condo tower in final phase of Jersey City redevelopment

Toll Brothers Inc. has unveiled the final piece of its Provost Square development in Jersey City, delivering a 34-story high-end condominium tower in tandem with Sculptor Real Estate.

Finance & Capital Markets
Eastern Mortgage Capital funds $10.6 million loan for 38-unit Gloucester Co. rental property

The owner of a 38-unit apartment complex in Gloucester County has secured more than $10.6 million in permanent financing for the property, its lender announced last week.

Top News
Panepinto, Incheon City sign MOU to execute $5.1 billion development in South Korea

Panepinto Properties is embarking on another major project in South Korea, having agreed to spearhead a $5.1 billion mixed-use development near Seoul-Incheon International Airport.

Residential & Mixed Use
Accurate’s new 185-unit rental property in Little Falls more than 90 percent leased

Development firm Accurate has nearly filled its new 185-unit luxury apartment property in downtown Little Falls and minutes from the township’s NJ Transit station.

Top News
NAI Hanson: Buyer wanted for prime development site in downtown Hackensack

A development site across from Hackensack University Medical Center is on the market for sale, offering the potential to build everything from housing to laboratory space to structured parking.

Residential & Mixed Use
Move-ins underway at new 336-unit rental property at Jersey City-Hoboken border

The first residents have arrived at a new 356-unit luxury apartment building at the border of Jersey City and Hoboken, its developers announced this week.

Residential & Mixed Use
Kushner kicks off long-awaited 360-unit project with Colts Neck’s first-ever apartments

Kushner has broken ground on a project that will bring 360 new apartments to Colts Neck, part of a sprawling, at times contentious development that is nearly 20 years in the making and will deliver the township’s first multifamily rentals.