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
Tay acquires 200-unit development site on Jersey City’s West Side, IPRG says

Tay Investments has acquired a development site on Jersey City’s West Side, paving the way for a project that would bring another 200 apartments to the fast-growing neighborhood.

Residential & Mixed Use
New 160-unit luxury rental property in Rochelle Park on the market for sale, Newmark says

Tulfra Real Estate is seeking a buyer for its newly completed, 160-unit luxury apartment building in Rochelle Park, having tapped Newmark to spearhead the sale.

Residential & Mixed Use
JRM Construction touts completion of 337-unit multifamily project in Jersey City

JRM Construction Management is marking the completion of a project known as Birch House, a development that has brought 337 apartments to Jersey City’s West Side.

Residential & Mixed Use
Connell debuts second location for ‘Fieldhouse,’ its in-house fitness brand in Berkeley Heights

The Connell Co. has unveiled the second location of its membership-based luxury fitness and wellness club at The Park, its flagship business and lifestyle campus in Berkeley Heights.

Residential & Mixed Use
Walters on track for November completion for new age-restricted rentals in Manahawkin

Walters is eyeing a fall delivery for a new 34-unit affordable housing project in the Manahawkin section of Stafford Township.

Residential & Mixed Use
Milestone moment: PARQ debuts first 275 apartments at Parsippany office campus

A developer has unveiled a new 275-unit luxury apartment building in Parsippany, in a key step toward repurposing an aging suburban office campus at the crossroads of two interstates.

Finance & Capital Markets
Reynolds refis Princeton Pike Office Park for $16 million, as redevelopment plan advances

A partnership led by Reynolds Asset Management has secured a $16 million loan to refinance the Princeton Pike Office Park in Lawrence Township, where it’s planning a major redevelopment that will bring new housing, retail space and other amenities to the site.

Residential & Mixed Use
Russo welcomes Newark city officials to Vermella Broad Street, a ‘transformative, transit-oriented development’ seven years in the making

Russo Development marked the opening of nearly 300 new apartments at the north end of downtown Newark, having already leased 70 percent of a project that has brought life to a long-vacant site near NJ Transit’s Newark Broad Street station.

Residential & Mixed Use
Cervelli: Updated six-unit rental building in Jersey City Heights trades for $1.3 million

A private entity has acquired a newly renovated, six-unit apartment building in Jersey City for $1.3 million, in a deal arranged by Cervelli Real Estate and Property Management.

Finance & Capital Markets
Developer lands $47 million CMBS loan for new 140-unit rental property in Paramus

The developer of a new 140-unit apartment complex in Paramus has closed on nearly $47 million in financing, in a deal arranged by HKS Real Estate Advisors.