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
eXp: Buyer wanted for new 12-unit rental building along Jersey City’s Lincoln Park

The owner of a 12-unit luxury apartment building at the edge of a sprawling park in Jersey City has listed the property for sale, according to brokers with eXp Realty.

Finance & Capital Markets
Bayport closes $4.9 million loan for commercial-to-residential project in Elizabeth

The developer behind a plan to convert a historic commercial building in Elizabeth into 15 apartments has secured nearly $4.9 million in financing from Bayport Funding.

Residential & Mixed Use
Silverman Group bringing 62 new rentals, medical office space to Short Hills site

The Silverman Group has broken ground on a project that will bring 62 new luxury apartments and medical office space to a site just west of the Short Hills train station in Millburn.

Residential & Mixed Use
Investor taps Kislak to sell 78-unit Hackensack rental property

The owner of a 78-unit luxury apartment building in Hackensack has retained The Kislak Co. Inc. to sell the property after acquiring it just over three years ago.

Residential & Mixed Use
Reynolds adds to Cleveland portfolio, acquires 119 new units for $31 million

Reynolds Asset Management has made two more acquisitions outside New Jersey, adding a combined 119 newly built apartments in Ohio as part of an ongoing joint venture.

Professional Services
Linfante joins Newmark Associates as vice president, continues role with Integra

Newmark Associates has bolstered its team with the addition of Arthur Linfante, a seasoned consultant with vast experience in commercial real estate valuation and advisory.

Residential & Mixed Use
Community Investment Strategies kicks off 86-unit senior housing project in Moorestown

Community Investment Strategies has started construction on a project that will bring 86 affordable, age-restricted homes to the Burlington County township of Moorestown.

Government & Public Policy
Westfield OKs changes to closely watched plan for new office, residential buildings downtown

A high-profile redevelopment project in Westfield is moving ahead with key changes, following the town’s approval of a plan that now includes nearly 200,000 square feet of office space, 205 residential units and a series of public improvements and new green spaces downtown.

Residential & Mixed Use
Hampshire hits 50 percent leased milestone at new 270-unit Hackensack rental property

The Hampshire Cos. has rented more than 50 percent of its new 270-unit luxury apartment building in downtown Hackensack, following the launch of leasing earlier this year.

Residential & Mixed Use
Kislak: Developer sells new boutique rental building in Jersey City for $625,000 per unit

Legacy Development Group has sold a new 31-unit luxury apartment building in Jersey City for $20 million — a per-unit price of $625,000 — in a deal arranged by The Kislak Co. Inc.