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.

Retail
Brookfield Place food hall operator brings new café concept to Jersey City Urby

A new upscale café and lounge has come to Jersey City Urby, the distinctive 69-story apartment tower along the Hudson waterfront.

Residential & Mixed Use
North Bergen condo building inks six contracts in February, developer says

A new upscale condominium tower in North Bergen is gaining momentum, securing six contracts last month for its collection of 70 homes along the Hudson River.

Residential & Mixed Use
KABR adds 138-unit Bayonne rental property for $50 million

KABR Group has purchased a 138-unit luxury apartment building in Bayonne for nearly $50 million, in a deal arranged by brokers with JLL.

Top News
LCOR reveals new-look office, apartment towers amid plan to transform Hoboken terminal

A developer has unveiled new details of a plan to transform the area around Hoboken Terminal, including a proposed 635,000-square-foot office tower and nearly 400 apartments alongside open space, infrastructure upgrades and a renovation of the historic transit hub.

Top News
Investors chasing value-add apartment deals, as demand for workforce housing intensifies

The need for workforce housing shows no signs of fading in the year ahead, fueling continued demand from investors chasing value-add apartment deals in markets such as New Jersey.

Finance & Capital Markets
Procida touts completion of Northvale condo project after $14.5 million construction loan

A developer has completed an upscale active adult condominium complex in Bergen County with the help of a recent $14.5 million construction loan by Procida Funding.

Residential & Mixed Use
Rowan students visit Riverside for up-close look at 190-unit Kokes multifamily project

Kokes Properties recently welcomed a group of Rowan University students to the site of its new 190-unit multifamily development in Burlington County.

Events
ULI to honor top New Jersey projects, industry players at 2022 awards gala

The Urban Land Institute of Northern New Jersey is set to honor more than a dozen commercial real estate projects, deals and industry leaders as part of its upcoming annual awards gala.

Residential & Mixed Use
JLL inks sale of 209-unit Stamford apartment tower

An investment group has sold a 209-unit apartment tower in downtown Stamford, Connecticut, in a deal arranged by JLL’s New Jersey-based capital markets team.

Residential & Mixed Use
Developer of 600-unit PARQ project in Parsippany eyes start of site work, demolition

A developer is set to begin demolition at the longtime site of an office park in Parsippany, paving the way for a plan to bring 600 apartments and townhomes to a swath of the property.