Current Issue
Newark cultural institutions eye high-profile projects, creation of new downtown arts hub
A series of high-profile development projects are poised to infuse three of Newark’s cultural anchors, while helping to advance economic growth in and around the downtown.
Historic buildings, untapped downtowns driving growth of Prism residential platform
Prism Capital Partners has delivered nearly 1,000 multifamily units in recent years, with a niche in high-profile adaptive reuse projects and a growing pipeline of new ground-up construction.
Denholtz unveils luxury rentals, retail space in latest investment in Red Bank
Denholtz Properties has taken another key step in its plan to help jumpstart Red Bank’s west side, as it prepares to open a new luxury apartment building alongside its headquarters and NJ Transit rail service, making good on a plan that began around 2016.
No worse for wear
Complex, labor-intensive projects have been central to the growth of Prism Capital Partners’ multifamily housing platform. The firm since 2013 has developed nearly 1,000 units, with hundreds more under construction, thanks to its work at Edison Lofts and other industrial-to-residential conversions in northern New Jersey. Notably, it has balanced those projects with a growing pipeline of ground-up, midrise buildings in towns such as Woodbridge and Dunellen, which boast strong demographics and transit-served downtowns despite being lesser-known locations.
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.
