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
Russo, Onyx debut 124-unit second phase of Vermella Woodbridge

Russo Development has unveiled the second piece of a new luxury rental project in Woodbridge, delivering another 124 units to the former Hess Corp. property just off Route 9.

Residential & Mixed Use
BridgeInvest, Birch Group ink $35 million acquisition loan for 147-unit Passaic rental property

A private lender has closed a nearly $35 million loan to finance The Birch Group’s acquisition of a newly opened, 147-unit multifamily property in Passaic.

People
Recine joins Accordia as principal, in development firm’s latest high-profile addition

Frank Recine, a prominent broker who spent a combined 20 years with JLL and Newmark’s New Jersey teams, has joined Fairfield-based Accordia as a principal.

Residential & Mixed Use
Newest Urby residential tower set to debut in Journal Square

The developer behind the Urby residential brand is set to unveil its latest project, a 317-unit apartment tower in Jersey City’s booming Journal Square neighborhood.

Residential & Mixed Use
Kushner breaks ground on $500 million redevelopment of Monmouth Mall, eyeing 1,000 new rentals and open-air community hub

Kushner has broken ground on its long-awaited, closely watched redevelopment of the Monmouth Mall property in Eatontown, where plans call for 1,000 new apartments, a sweeping overhaul of the existing retail and an infusion of new public spaces for the community.

Residential & Mixed Use
Cervelli: Two-building, 38-unit rental portfolio in Bayonne trades for $6.5 million

A partnership has acquired a two-building, 38-unit apartment portfolio in Bayonne, in a deal arranged by Cervelli Real Estate and Property Management.

Residential & Mixed Use
Kushner breaks ground on $500 million redevelopment of Monmouth Mall, eyeing 1,000 new rentals and open-air community hub

Kushner has broken ground on its long-awaited, closely watched redevelopment of the Monmouth Mall property in Eatontown, where plans call for 1,000 new apartments, a sweeping overhaul of the existing retail and an infusion of new public spaces for the community.

Residential & Mixed Use
Merion Realty sells 35-unit Hunterdon County rental building, Berkadia says

A multifamily owner has sold a 35-unit apartment building in Hunterdon County for a reported $9.3 million, in a newly announced deal by Berkadia.

Residential & Mixed Use
Fantin: Journal Square rental building now 75 percent leased after recent surge

Renters are snapping up homes at a new 297-unit apartment building in Jersey City, in a sign of continued demand for the rejuvenated Journal Square neighborhood.

Residential & Mixed Use
New 100-unit micro-apartment project at historic Newark building hits the market

Renters are getting their first look at new micro-apartments in Newark as part of a project that has converted a historic bank and hotel property in the heart of the city’s downtown.