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
Hornrock: Leasing underway at second phase of Ivy and Green in Hackensack

Hornrock Properties has taken the wraps off another 168 luxury apartments in Hackensack, the second piece of its popular Ivy and Green project on the city’s eastern edge.

Government & Public Policy
Perth Amboy, Viridian kick off demolition for $110 million, mixed-use ‘Gateway’ project

Officials in Perth Amboy are marking the start of a long-awaited redevelopment along the city’s waterfront, seeking to transform nearly 45 acres of contaminated, blighted property with a mix of pad-ready sites, warehouse space and open space for residents.

Residential & Mixed Use
Denholtz, LMG launch preleasing at 167-unit rental project outside Charlotte

Preleasing is underway at a 167-unit luxury apartment building near Charlotte where Denholtz Properties has partnered with the boutique developer Lansing Melbourne Group.

Finance & Capital Markets
Kennedy Funding inks $2.7 million loan for mixed-use project near Tacoma, Washington

Kennedy Funding has closed a $2.7 million loan in connection with a mixed-use project that will bring nearly 600 new multifamily units to a suburb outside Tacoma, Washington.

Government & Public Policy
Newark Fiber, Andrena partner to bring ultra-fast, low-cost internet to public housing residents

More than 1,600 Newark families living in public housing are getting affordable high-speed internet access as part of an outgrowth of the city’s celebrated Newark Fiber program.

Events
New World Group scores new wins for marketing at national, regional homebuilding shows

Creative agency New World Group is celebrating a series of recent awards for its work in the real estate sector in New Jersey and elsewhere in the region.

Residential & Mixed Use
New 38-unit rental building in Journal Square fetches $13.7 million, Matthews says

An investor has acquired a newly completed, 38-unit apartment building in Jersey City’s Journal Square section, in a deal arranged by Matthews Real Estate Investment Services.

Residential & Mixed Use
LeFrak seeking approvals for new high-rise at Newport’s northern end, its tallest yet in iconic Jersey City neighborhood

LeFrak is offering a new look at a proposed 529-unit luxury apartment tower in Jersey City, in a project that would be the tallest and northernmost building in its iconic Newport district along the Hudson River.

Events
NAIOP unveils Deal of the Year finalists for industrial, winners for office and mixed-use

NAIOP New Jersey has announced its Deal of the Year winners in the office and mixed-use categories as well as three finalists for the industrial sector, with plans to highlight the honorees at its 37th annual Commercial Real Estate Awards Gala in mid-May.

Residential & Mixed Use
Going greener: From rainwater recycling to composting, apartment builders see a new frontier in sustainability

For some apartment developers, LED lighting and electric vehicle chargers just won’t do when it comes to sustainability. A handful of new rental projects in New Jersey are making that clear with more cutting-edge, eco-conscious features such as oversized green spaces, rainwater recycling and even an on-site composting system.