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
JLL’s Morristown-based team marketing 55-unit New Rochelle apartment portfolio for sale

The owner of 54 apartments and an adjacent home in New Rochelle, New York, has tapped JLL’s Morristown-based capital markets team to sell the properties.

Residential & Mixed Use
Alpine, Fields Grade launch boutique rental building in Jersey City’s Bergen-Lafayette section

A development team has unveiled a six-story, 39-unit apartment building in Jersey City as the latest addition to their footprint in the historic Bergen-Lafayette neighborhood.

Residential & Mixed Use
Kushner nears topping out of first tower, start of second phase for One Journal Square project

A closely watched project that will add more than 1,700 apartments to Jersey City’s booming Journal Square neighborhood is on the verge of two key construction milestones.

Top News
Saxum hits nearly $1.1 billion in total capitalizations for investments, developments in 2023

Saxum Real Estate is marking a banner year after investing in a series of cold storage, industrial and multifamily assets and projects with a combined value of more than $1 billion.

Retail
JLL: Food tech startup Wonder among five retail users at new mixed-use project in Cresskill

Five retail tenants are coming to a new mixed-use property in Bergen County after a series of leases totaling more than 10,000 square feet, brokers with JLL announced Tuesday.

Features
Multifamily projects, public investments setting the stage for new-look downtown in Berkeley Heights

A spate of public and private investment is transforming the area around the train station in Berkeley Heights and allowing this small township on the western edge of Union County to reimagine a walkable and commuter-friendly downtown.

Health Care & Education
Sherman & Roylance: Buyers plans to renovate, revive West Orange assisted living facility

A private operator hopes to revitalize a shuttered assisted living facility in West Orange after acquiring the 53-bed property, according to a broker with Sherman & Roylance.

Professional Services
Kislak honors top brokers of 2023 at annual sales awards

The Kislak Co. Inc. has recognized three standout brokers in the residential and commercial space as part of its newly announced company sales awards.

Office
Keller Williams team opens at new Walters office building on Long Beach Island

A realtor has expanded to Long Beach Island with a lease at Walters’ newly constructed, 5,000-square-foot office building in Ship Bottom.

Finance & Capital Markets
JLL: Canoe Brook lands $150 million loan for 426-unit rental project at Port Imperial

Canoe Brook Development has secured a $150 million construction loan for a planned 426-unit luxury apartment building along the Hudson River waterfront in West New York.