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
NJAA honors Larken property management team for Warren County rental complex

The New Jersey Apartment Association has recognized the management team behind one of Larken Associates’ newest luxury rental properties in New Jersey.

Residential & Mixed Use
JLL: 194-unit Fort Lee rental property on the market for sale in rare Gold Coast offering

The owner of a 194-unit luxury apartment building in Fort Lee is seeking a buyer for the property, giving investors a chance to own a piece of the booming Gold Coast rental market.

People
Larken promotes Eickmeyer to chief investment officer

Larken Associates has promoted David Eickmeyer to chief investment officer, touting his role in supporting the firm’s growing portfolio of commercial and multifamily properties.

Residential & Mixed Use
Developers unveil new 135-unit rental property in Newark’s Ironbound section

Leasing is underway at a new 135-unit luxury apartment building in Newark’s Ironbound neighborhood, where local officials recently joined the project team for a soft launch event.

Residential & Mixed Use
JLL inks sale of new 303-unit luxury rental complex in White Plains

A joint venture has sold a new 303-unit luxury apartment complex in White Plains, New York, in a deal arranged by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Kamson sells 190-unit rental portfolio in Gloucester, Bergen for $31 million, Kislak says

Affiliates of The Kamson Corp. have sold a combined 190 apartments in Gloucester and Bergen counties for $31 million, in an off-market deal arranged by The Kislak Co. Inc.

Finance & Capital Markets
CBRE: Fernmore snags $48 million bridge loan for 274-unit Pennsylvania rental project

Fernmore Homes has landed nearly $48 million in bridge financing for a new 274-unit luxury rental property in Pennsylvania’s Chester County, brokers with CBRE announced Tuesday.

Residential & Mixed Use
Advance, growing footprint in Hoboken’s North End, breaks ground on 52-unit rental project

Advance Realty Investors has broken ground on a project that will bring 52 new luxury apartments to a key intersection in Hoboken’s growing North End.

Residential & Mixed Use
JLL seeking buyer for 406-unit luxury rental property at Wood-Ridge’s Wesmont Station

A developer is looking to sell a 406-unit luxury apartment complex in Wood-Ridge, providing would-be buyers with a chance to own part of the landmark Wesmont Station property.

People
Denholtz adds Paschal, Kostakis in key acquisitions and development roles

Denholtz Properties has deepened its bench with the addition of Paul Paschal as director of acquisitions for the Mid-Atlantic and Southeast and Kyle Kostakis as development manager.