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
Journal Square Urby on track for spring 2024 delivery after 317-unit rental project tops out

The newest Urby-branded apartment tower in Hudson County has topped out in Jersey City’s Journal Square section, with less than a year to go until the completion of the 317-unit building.

Residential & Mixed Use
Boutique Jersey City apartment building trades for $412,000 per unit, KW says

A private investor has acquired an eight-unit apartment building in Jersey City for $3.3 million, in a transaction arranged by Keller Williams Realty Inc.

Residential & Mixed Use
Seven-building, 184-unit apartment portfolio trades in Irvington, Kislak says

A private investor has purchased a seven-building, 184-unit apartment portfolio in Irvington, in a newly announced deal by The Kislak Co. Inc.

Health Care & Education
Life Care Services opens new senior living community at The Green at Florham Park

A new senior living community has opened its doors at the sprawling master-planned campus known as The Green at Florham Park.

Residential & Mixed Use
Palisade Partners inks sale of 40-unit apartment building near Journal Square

The longtime owner of a 40-unit apartment building in Jersey City has sold the property, in a transaction arranged by Palisade Partners.

Residential & Mixed Use
Prism delivers final building at 252-unit luxury rental project in Dunellen

Prism Capital Partners has all but completed its redevelopment of a former industrial property in Dunellen, now the site of more than 250 apartments and new freestanding retail space.

Finance & Capital Markets
Veris Residential inks $340 million refi of 750-unit Jersey City rental tower, reports say

Veris Residential Inc. has landed a $340 million Freddie Mac loan for its recently completed, 750-unit apartment tower in downtown Jersey City, according to published reports.

Top News
Kaplan ramps up commercial unit with projects in self-storage, modern retail

Kaplan Cos. is stepping up the expansion of its commercial division, with a focus on new self-storage development and efforts to reposition retail assets to meet changing consumer needs.

Finance & Capital Markets
Capital One closes $200 million debt package for 1,300-unit portfolio in New Jersey, New York

Capital One has provided $200 million in financing in connection with four apartment properties spanning more than 1,300 units in New Jersey and New York, the lender announced.

Residential & Mixed Use
Investor sells 18 apartments, two retail spaces in Elizabeth portfolio deal, Kislak says

A private investor has purchased a combined 18 apartments and two retail spaces in Elizabeth for more than $4 million, in a newly announced deal by The Kislak Co. Inc.