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.

People
Larken promotes Nascimento to executive vice president of marketing

Larken Associates has promoted Melissa Nascimento to executive vice president of marketing, recognizing her work during more than 20 years with the Branchburg-based firm.

Residential & Mixed Use
Seven-unit apartment building in Jersey City trades for $1.1 million, Marcus says

A local developer has sold a seven-unit apartment building in Jersey City for more than $1.1 million, in a newly announced deal by Marcus & Millichap.

Residential & Mixed Use
Tredway, L+M affiliate acquire Camden affordable housing tower, eyeing major renovation

An investment group has closed on $68 million in financing to acquire and modernize a 225-unit affordable housing property near the Camden waterfront.

Residential & Mixed Use
‘The Delford’ opens in Rochelle Park, having already hit key leasing milestone

Tulfra Real Estate has opened the doors to its new upscale apartment building in Rochelle Park, where renters have already snapped up 50 percent of the property’s 160 units.

Residential & Mixed Use
Hoboken parcel fetches $7.5 million in latest deal involving ex-NRIA portfolio, CBRE says

AIRN Management has sold a multifamily development site in Hoboken for $7.5 million, in the latest deal involving the former holdings of National Realty Investment Advisors LLC.

Residential & Mixed Use
DMR touts debut of 81-unit rental building at major Whippany redevelopment site

Leasing is underway at a new 81-unit luxury apartment building in the Whippany section of Hanover, part of a sweeping redevelopment project designed by DMR Architects.

Residential & Mixed Use
Carteret approves plan for 78-unit luxury rental project, as borough’s redevelopment continues

A developer has secured local approvals for a plan that would bring 78 new apartments and ground-floor commercial space to a site near Carteret’s municipal complex.

Residential & Mixed Use
Developers welcome first residents to 169-unit tower in historic Jersey City neighborhood

The first residents have arrived at a new 169-unit luxury apartment tower in Jersey City, following the launch of preleasing at the building last fall.

Residential & Mixed Use
Reynolds buys 360-unit rental portfolio in Texas, its latest out-of-state acquisition

Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.

Residential & Mixed Use
CIS launches leasing at 154-unit affordable housing property in Marlboro

Leasing is underway at the newest affordable housing property developed by Community Investment Strategies Inc., a 154-unit complex in the Morganville section of Marlboro.