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.

KRE, Avenue Realty Capital acquire Union County apartments for $70M

KRE Group and an investment partner have paid $70 million to acquire a 228-unit rental community in Springfield, marking its latest step to grow its value-add multifamily business.

Kislak inks sale of development sites in Jersey City hot spots

The Kislak Co. Inc. has brokered separate land sales totaling nearly $12 million in two of Jersey City’s most active neighborhoods for development, the firm said Thursday.

Developer marks milestone at new Jersey City rental project

Fields Construction Co. has completed vertical construction at a project that will deliver 255 new high-end apartments to Jersey City’s Paulus Hook neighborhood, the firm said Thursday.

HFF: NJCU rental project secures $32.5 million in financing

A new 163-unit multifamily property is rising at the campus of New Jersey City University with the help of a $32.5 million construction loan arranged by HFF, the brokerage firm said Thursday.

Hartz, Panepinto set to unveil new Journal Square project

A new 240-unit luxury rental building in the Journal Square section of Jersey City, built by two longtime Hudson County developers, is set to kick off leasing later this month.

Newark high-rise gets $43M refinance

A mortgage banking and investment firm has brokered a nearly $43 million refinancing loan for a well-known high-rise apartment building in Newark, the company announced.

The federal housing policy mess: Dispelling myths about mortgage subsidies

By Morris A. Davis Since the 1930s, the federal government has actively promoted homeownership as a policy goal. Despite good intentions, our public policy in place after 80-plus years of rules and regulations is not well thought out and poorly…

Developer completes adaptive reuse of historic Helmetta snuff mill

A development firm has unveiled a long-awaited project in the tiny borough of Helmetta, where it has transformed a historic snuff mill building into luxury loft apartments and townhomes.

Life after COAH

Covering real estate had never crossed my mind when I came out of school and started as a metro reporter in Middlesex County. But it wasn’t long before I found myself at council meetings and planning board hearings, listening to developers make their pitch to a town.

Advance: Bridgewater life sciences campus now 80 percent leased

The commercial space at a sprawling redevelopment site in Bridgewater is now 80 percent leased, following two new deals and growth by existing tenants in the life sciences sector.