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
JLL: Russo, KRE close on Bergen Town Center parcel for 426-unit apartment project

Urban Edge Properties has completed its sale of a parcel at Bergen Town Center in Paramus, paving the way for a new 426-unit multifamily project by Russo Development and KRE Group.

Residential & Mixed Use
Cannon Hill, Hampshire tap Sparrow as property manager at Hackensack rental building

Cannon Hill Capital Partners and The Hampshire Cos. have picked Sparrow Management as the new property manager at an 82-unit luxury apartment building in Hackensack.

Residential & Mixed Use
‘The Journal’ takes center stage at Jersey City Summit as Kushner team discusses landmark 1,723-unit project

The team behind one of New Jersey’s largest-ever residential projects took the stage at the Jersey City Summit to discuss the project’s pending completion, its impact on the resurgent Journal Square neighborhood and what’s still to come for the surrounding blocks.

Finance & Capital Markets
Capodagli secures $80 million bridge loan from Greystone for 325-unit Roselle Park project

Greystone has provided an $80 million bridge loan to Capodagli Property Co. for the developer to refinance a 325-unit apartment building in Roselle Park.

Residential & Mixed Use
Investors trade 24-unit Roselle Park apartment building in deal arranged by Kislak

An investor has sold a 24-unit apartment building in Roselle Park for nearly $4.2 million, according to a brokerage team with The Kislak Co. Inc.

Residential & Mixed Use
Investors acquire nearly complete, 829-unit rental complex in Jersey City’s ‘SoHo West’

A high-profile investment group has acquired a three-phase, 829-unit luxury apartment complex in Jersey City that’s nearing full completion after more than five years of construction.

Residential & Mixed Use
Jersey City breaks ground on first phase of landmark Bayfront project with 80 percent affordable housing

A development team has broken ground on the first piece of Jersey City’s long-awaited Bayfront project, a key focal point in the city’s plan to expand its affordable housing stock.

Finance & Capital Markets
TAY Investments refis new 110-unit rental project in Jersey City for $36 million

TAY Investments has snagged a nearly $36 million loan to refinance a recently opened, 110-unit apartment property in Jersey City, according to a debt placement team with Berkadia.

Residential & Mixed Use
JLL seeking buyer for 62-unit rental building at historic Jersey City property

A piece of a landmark residential complex in Jersey City is on the market for sale, benefiting from a series of updates that have refreshed the property for a new crop of renters.

Finance & Capital Markets
JLL inks $50 million financing deal for Burlington County rental property

The owner of a 275-unit multifamily property in the Burlington County township of Westampton has snagged $50 million in financing, in a newly announced deal by JLL.