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
Hornrock buys Hackensack development site slated for 350 rentals, Alexander Anderson says

Hornrock Properties has acquired a development site in Hackensack with plans to build some 350 apartments and retail space, in a deal arranged by Alexander Anderson Real Estate Group.

Residential & Mixed Use
Renters flocking to newly opened, 300-unit Woodmont rental property near Princeton

Woodmont Properties has unveiled a new luxury rental project in Hopewell Township, having already leased more than a third of the property’s 300 units.

Residential & Mixed Use
Kislak sells 60-unit rental property in Lancaster County for $11.7 million

The developer of a 60-unit luxury apartment complex in Pennsylvania’s Lancaster County has sold the property for $11.7 million, in a deal arranged by The Kislak Co. Inc.

Finance & Capital Markets
Veteran broker Pizzolato joins Accordia as EVP for acquisitions, capital markets

Accordia Realty Ventures has tapped Matthew Pizzolato as its executive vice president for acquisitions and capital markets, in a key hire aimed at supporting its expansion plans.

Residential & Mixed Use
Kushner debuts ‘Livana’ brand for growing collection of luxury rentals in New Jersey

Kushner has unveiled a new brand for its fast-growing portfolio of upscale apartment properties in New Jersey, including two that will hit the market in the coming weeks.

Residential & Mixed Use
Hoboken property with 10 rentals, ground-floor retail fetches $6.1 million, Marcus says

A private investor has acquired 13 apartments and two retail spaces in downtown Hoboken, in a $6.1 million deal arranged by Marcus & Millichap.

Finance & Capital Markets
Bravo Property Trust lends $46 million for 128-unit Bayonne rental project

A developer has secured a $46 million construction loan to complete a 10-story, 128-unit luxury apartment building in one of Bayonne’s key thoroughfares.

Residential & Mixed Use
Marcus: Investor buys Somerville property with 10 apartments, retail space for $4.2 million

An investor has acquired a nearly 18,000-square-foot mixed-use building in downtown Somerville for $4.2 million, in a newly announced deal by Marcus & Millichap.

Finance & Capital Markets
Fernmoor snags $29 million bridge loan to refi 144-unit rental project in Winslow, CBRE says

A homebuilder has landed a $29 million bridge loan for a 144-unit multifamily property in suburban Camden County, according to a debt placement team with CBRE.

Residential & Mixed Use
LCOR buys Jersey City development site from Veris Residential, eyes new high-rise project

LCOR Inc. has secured a nearly two-acre development site in downtown Jersey City, acquiring the parcel from Veris Residential Inc. in a $54 million deal arranged by JLL.