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.

Top News
Larken Associates mourns passing of longtime CFO Babette Rutman

Larken Associates is mourning the loss of Babette Rutman, its former chief financial officer and a key member of its Branchburg-based team over more than 25 years.

Residential & Mixed Use
Kislak inks $2.6 million sale of 13-unit Jersey City apartment building

A private investor has acquired a 13-unit apartment building in Jersey City for nearly $2.6 million, according to brokers with The Kislak Co. Inc.

Residential & Mixed Use
AIRN Management hits 80 percent leased mark at new 97-unit West New York rental project

Renters are flocking to a new 97-unit upscale apartment building in West New York after the launch of leasing only three months ago, its developer announced Monday.

Residential & Mixed Use
Advance hails a signature project in Harrison, adding 399 homes to firm’s Riverbend District

Advance Realty Investors has marked the opening of what it says is its signature multifamily project to date, unveiling nearly 400 new apartments in Harrison as it continues its buildout of a district that will ultimately include thousands of luxury rental units.

Office
Walters opens 5,000 sq. ft. office in Ocean County for homebuilding, architecture teams

Walters, the Barnegat-based developer, has opened a new 5,000-square-foot office building on Long Beach Island that houses two of its key divisions.

Residential & Mixed Use
Accurate targets fall debut for 147-unit rental property in downtown Emerson

Accurate has all but completed a new 147-unit luxury apartment building in the Bergen County borough of Emerson, in the latest addition to its fast-growing residential portfolio.

Residential & Mixed Use
Investor adds 60-unit Hudson County apartment portfolio for $10 million, Kislak says

A private investor has acquired 60 units in northern Hudson County for a combined $10 million, in a pair of newly announced transactions by The Kislak Co. Inc.

Residential & Mixed Use
Procida taps Coldwell Banker, Kamson for Cherry Hill residential project

Developer and investor Billy Procida has assembled a new team for a luxury residential community in Cherry Hill, as it prepares to bring another 283 units to the site.

People
Larken’s Iacobucci promoted to CFO one year after joining firm

Larken Associates has promoted veteran industry executive David Iacobucci to chief financial officer, the Branchburg-based firm announced Tuesday.

Residential & Mixed Use
Kislak inks multifamily deals in Passaic, Orange totaling $3.9 million

A building with 23 apartments and a restaurant space in Passaic has traded for $2.5 million, in one of two newly announced deals by The Kislak Co. Inc.