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.

Finance & Capital Markets
Developer inks $5.4 million refi of new 19-unit Bayonne rental building, HKS says

The owner of a newly completed, 19-unit apartment building in Bayonne has refinanced the property for $5.4 million, in a deal arranged by HKS Real Estate Advisors.

Residential & Mixed Use
Fields Grade, Ursa debut 336-unit rental property in burgeoning Jersey City neighborhood

A new luxury apartment building is hitting the market in Jersey City, bringing another 336 units to a former industrial area that’s now a burgeoning residential neighborhood.

Retail
ULI awards showcases the best in land use, redevelopment while highlighting ongoing challenges in New Jersey (SLIDESHOW)

Th Urban Land Institute’s Northern New Jersey chapter hosted its largest event of the year, honoring projects, professionals and companies in nearly 20 categories as recipients called for continued cooperation between developers and policymakers.

Residential & Mixed Use
Denholtz starts construction on waterfront residential project in Atlantic Highlands

Denholtz Properties has broken ground on a collection of 16 luxury homes in Atlantic Highlands, seeking to lure buyers with what it describes as Nantucket-style living along Sandy Hook Bay.

Professional Services
PS&S acquires Caldwell Engineers, Becica Associates in latest expansion moves

PS&S is marking another major expansion of its engineering and design platforms and its geographic footprint after acquiring two firms based in southern New Jersey.

Government & Public Policy
Berger secures $90 million EDA tax credit award for planned 396-unit high-rise in Newark

The state has pledged its support for two more residential projects in Newark, approving more than $142 million in combined subsidies under the Aspire tax credit program.

Residential & Mixed Use
Hornrock: Leasing underway at second phase of Ivy and Green in Hackensack

Hornrock Properties has taken the wraps off another 168 luxury apartments in Hackensack, the second piece of its popular Ivy and Green project on the city’s eastern edge.

Government & Public Policy
Perth Amboy, Viridian kick off demolition for $110 million, mixed-use ‘Gateway’ project

Officials in Perth Amboy are marking the start of a long-awaited redevelopment along the city’s waterfront, seeking to transform nearly 45 acres of contaminated, blighted property with a mix of pad-ready sites, warehouse space and open space for residents.

Residential & Mixed Use
Denholtz, LMG launch preleasing at 167-unit rental project outside Charlotte

Preleasing is underway at a 167-unit luxury apartment building near Charlotte where Denholtz Properties has partnered with the boutique developer Lansing Melbourne Group.

Finance & Capital Markets
Kennedy Funding inks $2.7 million loan for mixed-use project near Tacoma, Washington

Kennedy Funding has closed a $2.7 million loan in connection with a mixed-use project that will bring nearly 600 new multifamily units to a suburb outside Tacoma, Washington.