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
Plainfield: Proposal for 55 rentals moving ahead after recent planning board vote

Plans for another new apartment building in Plainfield are proceeding after recently securing a key approval from the city’s planning board, the project’s design team said.

Office
Veris Residential to sell Holmdel office building, Jersey City hotel for $132 million

Veris Residential Inc. has agreed to sell a Holmdel office building and a hotel in Jersey City for a combined $132 million, as it continues to shed assets outside the multifamily sector.

Residential & Mixed Use
Developer unveils boutique rental building in Franklin Lakes

A developer has launched leasing at a new boutique apartment building in Bergen County, offering a mix of high-end amenities in what it touts as an upscale suburban setting.

Residential & Mixed Use
Kokes sells new Connecticut rental property, eyes continued growth in New Jersey

Kokes Properties has closed on its sale of a newly built, 41-unit apartment building in Connecticut, with plans to double down on its growing portfolio at home in New Jersey.

Residential & Mixed Use
Skylight affiliates sell Hoboken multifamily portfolio for $13.2 million, Kislak says

An investment group has sold a three-building, 21-unit multifamily portfolio in Hoboken for $13.2 million, according to a brokerage team with The Kislak Co. Inc.

Residential & Mixed Use
Wonder Lofts opens new on-site sales office, model homes as first buyers move in

The team behind the newly restored Wonder Lofts property in Hoboken has officially opened the collection of upscale condominiums with its debut of an on-site sales office.

People
Denholtz Properties names regional manager to oversee growing multifamily portfolio

Denholtz Properties has named Kayte Peters as multifamily regional manager to help support the continued expansion of its national portfolio in the asset class.

Residential & Mixed Use
Hudson Atlantic touts $200 million in first half volume after sales totaling more than 1,000 units

Brokerage firm Hudson Atlantic Realty is marking more than $200 million in transaction volume in the first half of 2022, having arranged the sale of more than 1,000 apartments across 11 deals.

Residential & Mixed Use
S. Hekemian Group unveils new luxury rentals, in latest step to revive ex-Mercedes campus

The S. Hekemian Group has unveiled the first of two apartment buildings in Montvale that will house a combined 308 units, marking the latest step in its plan to redevelop the former Mercedes-Benz USA headquarters campus in the borough.

Residential & Mixed Use
Investors trade 53-unit apartment portfolio in Woodbridge, Marcus & Millichap says

A private investor has sold a three-building, 53-unit apartment portfolio near downtown Woodbridge, according to an investment sales team with Marcus & Millichap.