Top News

Residential & Mixed Use
Developers break ground, raise flag at adaptive reuse project in Verona

Construction is underway at a project that would convert a historic flag factory in Verona into the centerpiece of a new 112-unit residential development.

Professional Services
RSC touts design of Hudson County vo-tech school (SLIDESHOW)

An architecture firm has unveiled its designs for a new $143 million, technologically advanced high school in Hudson County.

Hospitality & Tourism
Atlantic City 3.0: Riding high from new investment, the iconic resort town is charting a new future

For a place that has been promised a comeback in recent years — only to see it never materialize — experts say Atlantic City is in uncharted yet promising territory that could help usher in a long-awaited recovery. Land prices are at their lowest in decades, local and regional developers with proven track records are investing in the city and the first credible nongaming project in years is under construction, with the potential to bring thousands of students and professionals to the Boardwalk as soon as next year.

Residential & Mixed Use
Rockefeller, Korman open new flexible stay community in Florham Park

Developers have unveiled a new 256-unit, flexible stay residential community in Florham Park, marking the latest piece of a high-profile redevelopment project in the Morris County suburb.

Finance & Capital Markets
Investors Bank expanding CRE lending platform

After riding the state’s multifamily boom to help build its commercial real estate lending platform, Investors Bank remains committed to the apartment sector. But it’s also making sure to diversify as it continues to expand its lending business.

Industrial
Hampshire sells six-building industrial portfolio for $147 million

The Hampshire Cos. has sold a six-building, 1.2 million-square-foot industrial portfolio in New Jersey for nearly $147 million, in a deal brokered by HFF that represents one of the largest in recent years for the state’s warehouse and distribution market.

Residential & Mixed Use
Developer unveils 75-unit apartment rehab in East Orange

An affordable housing builder has opened the doors to its latest project, a newly renovated 75-unit apartment building in East Orange that will soon feature new amenities.

Residential & Mixed Use
Apartment portfolio in N.J., Pa. fetches $34 million

An owner of more than 40 years has sold a two-state multifamily portfolio spanning more than 500 apartments, including a 268-unit garden property in Camden County, in a nearly $34 million deal arranged by Gebroe-Hammer Associates.

Office
JLL picked to market Somerset County office building

The owner of a 120,528-square-foot office building in Warren has hired JLL to oversee leasing at the property, the commercial real estate services firm said Tuesday.

Residential & Mixed Use
Leasing opens at new 320-unit rental project in North Bergen

A Philadelphia-based developer is taking the wraps off its first project in New Jersey, a 320-unit luxury apartment complex along the Hudson waterfront in North Bergen.