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.

Professional Services
Chilmark Real Estate Services picked as CORFAC International New Jersey member

Morristown-based Chilmark Real Estate Services has joined CORFAC International as the global real estate network’s New Jersey member.

Events
Newark Summit set to return Dec. 9, convening top players in real estate, placemaking

The Newark Summit for Real Estate, Economic Development & Placemaking is set to return after making its high-profile debut last year in the state’s largest city.

Residential & Mixed Use
Fields Grade, Ursa Development hit 50 percent leased mark at new Jersey City rentals

Renters have snapped up more than 50 percent of a new 336-unit luxury apartment building in Jersey City, where a development team launched leasing this past spring.

Finance & Capital Markets
Tulfra lands permanent loan with Nuveen for new 160-unit rental property in Rochelle Park

Tulfra Real Estate has secured permanent financing for its new 160-unit luxury apartment building in Rochelle Park, in a deal arranged by JLL.

Residential & Mixed Use
Carriage home in burgeoning Flemington trades for $280,000, Sheldon Gross says

A two-story carriage home in Flemington has changed hands for $280,000, in a newly announced deal by Sheldon Gross Realty.

Residential & Mixed Use
New 317-unit Urby tower opens in Journal Square, marking developer’s second in Jersey City

The newest Urby luxury apartment building has arrived in Jersey City with the debut of a 25-story, 317-unit property in the resurgent Journal Square neighborhood.

Residential & Mixed Use
Builder set to mark construction milestone for 196-unit rental project in Journal Square

The construction team for nearly 200 new upscale apartments in Jersey City is eyeing a spring 2025 delivery as it prepares to mark a key milestone for the project.

Government & Public Policy
State awards program honors Walters senior affordable housing project in Branchburg

The state has recognized Walters for one of the development firm’s newest projects — a 150-unit age- and income- restricted property in the Somerset County borough of Branchburg.

Residential & Mixed Use
Prism eyes multifamily development at 33-acre former office campus in Woodland Park

Prism Capital Partners has acquired a 33-acre former corporate campus in Woodland Park with zoning in place to build up to 400 residential units, in a deal arranged by JLL.

Residential & Mixed Use
CIS, Hoboken officials tout plan for city’s first senior affordable housing project in 30 years

A proposal to build Hoboken’s first new senior affordable housing property in decades has secured a key approval, paving the way for an expected 2025 groundbreaking.