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.

Reynolds buys 360-unit rental portfolio in Texas, its latest out-of-state acquisition

Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.

CIS launches leasing at 154-unit affordable housing property in Marlboro

Leasing is underway at the newest affordable housing property developed by Community Investment Strategies Inc., a 154-unit complex in the Morganville section of Marlboro.

Hartz Mountain unveils new 262-unit upscale rental property in Weehawken’s Lincoln Harbor

Hartz Mountain Industries has taken the wraps off a new 262-unit luxury apartment property in Weehawken, in a high-profile addition to its acclaimed Lincoln Harbor neighborhood.

Salowe-Kaye, longtime head of New Jersey Citizen Action, tapped to lead nonprofit partner of Community Investment Strategies

The longtime head of an influential grassroots organization is now leading the Communities First Initiative, the nonprofit partner of Lawrenceville-based Community Investment Strategies Inc.

Developer buys Jersey City parcel slated for 365-unit rental project, IPRG says

A developer has acquired a 1.3-acre site in Jersey City’s West Side neighborhood, with plans to bring another 365 apartments and commercial space to the fast-growing area.

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Kennedy Funding inks $2.75 million land loan for 420-unit Kansas City rental project

Kennedy Funding has closed a $2.75 million land loan for a 420-unit multifamily project in Kansas City, Missouri, the Englewood-based firm announced Wednesday.

Marcus: North Bergen apartment, retail building trades for $2 million

A local investor has sold an 8,100-square-foot apartment and retail building in North Bergen for $2 million, brokers with Marcus & Millichap announced Tuesday.

IDB Bank, TAY Investments close $31 million bridge loan for 155-unit Newark rental property

IDB Bank has closed a $31 million bridge loan for a newly completed, 155-unit apartment building in Newark’s Central Ward.

Accurate leases more than 70 percent of new 252-unit Bayonne rental building

Accurate is on the verge of another milestone at a new apartment building in Bayonne, where it has leased nearly three-quarters of the property’s 252 available homes.