Residential & Mixed Use
CBRE: Developer lands $31 million permanent loan for 115-unit Montgomery rental project
The developer of a new 115-unit luxury rental community in Somerset County has closed on $31 million in permanent financing, according to brokers with CBRE.
IPRG: Procida seeking buyer for fully approved 127-unit loft project in Paterson’s Great Falls
The site of a planned 127-unit loft-style multifamily project in Paterson is on the market for sale, providing what brokers say is a shovel-ready opportunity with major financial advantages.
Prism’s Cohen to receive NAIOP N.J. lifetime achievement award, headlining gala honorees
NAIOP New Jersey has revealed the honorees for its 39th annual Commercial Real Estate Awards Gala, including Prism Capital Partners’ Edwin Cohen and five other key industry figures.
Landmark debuts 100-unit Plainfield rental property as latest ‘Centurion’ project
Leasing is underway at a new 100-unit luxury apartment building in Plainfield, where a developer hopes to tap into the city’s fast-growing rental market.
Good vibes
As you’ll read in this month’s cover story, the New Jersey Builders Association has been heartened by the earliest days of the Sherrill administration, with its focus on making New Jersey more affordable and government more efficient. The group points to steps such as the creation of the state’s first-ever chief operating officer, along with the governor’s pledge to launch a real‑time dashboard to track permits — steps that could provide a clearer path toward an expanded housing supply and lower costs for residents.






