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
Kislak inks sale of 55 units in Irvington, South Orange for combined $7.3 million

A private investor has purchased a 42-unit apartment building in Irvington for $4.1 million, in one of two newly announced deals by The Kislak Co. Inc.

Government & Public Policy
Fulop expects nimble approach to development in Jersey City, with major projects still to come

Jersey City is still in the earliest stages of its well-chronicled renaissance, the city’s mayor said Thursday, while projecting a nimble approach to development in the face of economic headwinds and a continued focus on lesser-known neighborhoods outside the downtown.

Finance & Capital Markets
LCOR, Madison International land $87 million loan for Montclair luxury apartments

The owners of a two-building, 258-unit multifamily property in Montclair have closed on more than $87 million in financing for the asset, in a deal arranged by JLL.

Finance & Capital Markets
Developer snags $63 million permanent loan for new Jersey City rentals, BlueGate says

Fields Grade Development has landed $63 million in permanent financing in connection with a new luxury apartment complex in Jersey City, according to BlueGate Partners LLC.

Retail
Café opens at new 629-unit luxury apartment complex in Jersey City

A new coffee shop has opened its doors at the base of a new 629-unit apartment building in Jersey City’s fast-growing West Side neighborhood.

Residential & Mixed Use
Larken takes home 13 Metro BCA awards for new luxury rental property in Lopatcong

A new multifamily complex in Lopatcong took center stage this month when it earned more than a dozen awards from the Metropolitan Builders & Contractors Association of New Jersey.

Residential & Mixed Use
Irvington: Two-building, 45-unit rental property sells for $6 million, Kislak says

A private investor has purchased a two-building, 45-unit apartment property in Irvington for $6 million, The Kislak Co. Inc. announced Monday.

Residential & Mixed Use
Kokes begins construction on newest rental building at The Mill at Riverside

Kokes Properties has broken ground on another 40 apartments as part of an ongoing redevelopment project near an NJ Transit light rail stop in Burlington County.

Top News
Kushner, Fulop join to break ground on long-awaited One Journal Square project

Slated for completion in 2026, One Journal Square will comprise two 64-story glass towers housing 1,723 residential units, 45,000 square feet of upscale amenities and 40,000 square feet of ground-floor retail space. — Courtesy: Kushner By Joshua Burd Construction is…

Residential & Mixed Use
NAIOP gala honors top real estate players and projects, as honorees tout chapter’s role

NAIOP New Jersey’s annual gala drew a registered crowd of more than 800, in an event that celebrated the state’s commercial real estate sector and the association that guides it.