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.

Current Issue
Owners Council Q&A: Brad Vander Vliet

New Jersey’s geographic, infrastructure and labor advantages contribute to its consistent ranking as one of the country’s top three performing industrial markets. We are confident this leading position will continue.

Finance & Capital Markets
Progress Capital sources $30 million construction loan for 155-unit Jersey City rental project

A developer has snagged a $30 million construction loan for a 155-unit multifamily project in Jersey City’s West Side neighborhood, in a deal arranged by Progress Capital.

Events
Newark Summit to highlight opportunity, innovation as city’s development boom continues

Dozens of business and civic leaders will take the stage in early December for the inaugural Newark Summit, where they’ll discuss the wave of investment and placemaking initiatives in the state’s largest city, in an event that is slated to draw more than 750 attendees.

Top News
Hackensack business group launches new-look website for downtown

Business leaders in downtown Hackensack have launched a new website aimed at promoting efforts to revitalize the commercial district.

Residential & Mixed Use
Reynolds acquires 500 units in Louisiana in deals with multiple partners

Reynolds Asset Management has added to its portfolio outside New Jersey with two deals in Louisiana, where it acquired a combined 500 apartments in and around Shreveport.

Residential & Mixed Use
Diversified breaks ground on 32-unit rental building, kicking off multiphase project in Jefferson

Diversified Properties has started construction on a 32-unit apartment building in Jefferson that will mark the first piece of a new luxury multifamily property off Route 15.

Residential & Mixed Use
Winn, ART-JIUS open 74-unit affordable housing project at historic Paterson mill site

A development team has unveiled 74 new apartments in Paterson as part of a project that included new construction and the restoration of a historic mill property.

Government & Public Policy
Turnpike Authority unveils impact study for replacing, widening Newark Bay extension

The New Jersey Turnpike Authority has taken a key step in its plan to replace a major piece of the Newark Bay-Hudson County Extension, the critical but chronically congested artery that connects the highway to Bayonne and Jersey City.

Residential & Mixed Use
New 170-unit Bloomfield rental property more than 50 percent leased

Platinum Developers has filled more than 50 percent of a new 170-unit luxury multifamily property in downtown Bloomfield.

Residential & Mixed Use
Developers launch sales, eye groundbreaking for 132 luxury condos in Long Branch

A joint venture is moving ahead with plans for a new condominium property in Long Branch, in a project that would bring another 132 luxury homes to the city’s fast-growing shoreline.