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
Veteran brokers Tragash, Pine detail launch of SAGE Investment Real Estate Advisors

A new Morristown-based brokerage firm is marking its first two deals and a series of new assignments in the region after launching the business at the start of 2024.

Finance & Capital Markets
Kennedy Funding provides $5 million loan to owner of Long Island estate

Kennedy Funding has closed a $5 million loan to the owner of a residential estate on the North Shore of Long Island, the Englewood-based lender announced.

Residential & Mixed Use
Cervelli: Six-unit Jersey City building with apartments, commercial space fetches $850,000

A private investor has acquired a mixed-use property in Jersey City for $850,000, in a newly announced deal by Cervelli Real Estate & Property Management.

Residential & Mixed Use
JLL’s Morristown-based team marketing 55-unit New Rochelle apartment portfolio for sale

The owner of 54 apartments and an adjacent home in New Rochelle, New York, has tapped JLL’s Morristown-based capital markets team to sell the properties.

Residential & Mixed Use
Alpine, Fields Grade launch boutique rental building in Jersey City’s Bergen-Lafayette section

A development team has unveiled a six-story, 39-unit apartment building in Jersey City as the latest addition to their footprint in the historic Bergen-Lafayette neighborhood.

Residential & Mixed Use
Kushner nears topping out of first tower, start of second phase for One Journal Square project

A closely watched project that will add more than 1,700 apartments to Jersey City’s booming Journal Square neighborhood is on the verge of two key construction milestones.

Top News
Saxum hits nearly $1.1 billion in total capitalizations for investments, developments in 2023

Saxum Real Estate is marking a banner year after investing in a series of cold storage, industrial and multifamily assets and projects with a combined value of more than $1 billion.

Retail
JLL: Food tech startup Wonder among five retail users at new mixed-use project in Cresskill

Five retail tenants are coming to a new mixed-use property in Bergen County after a series of leases totaling more than 10,000 square feet, brokers with JLL announced Tuesday.

Features
Multifamily projects, public investments setting the stage for new-look downtown in Berkeley Heights

A spate of public and private investment is transforming the area around the train station in Berkeley Heights and allowing this small township on the western edge of Union County to reimagine a walkable and commuter-friendly downtown.

Health Care & Education
Sherman & Roylance: Buyers plans to renovate, revive West Orange assisted living facility

A private operator hopes to revitalize a shuttered assisted living facility in West Orange after acquiring the 53-bed property, according to a broker with Sherman & Roylance.