Residential & Mixed Use
JLL: Cammeby’s buys 406-unit rental property at Wesmont Station for $162 million

Cammeby’s International has expanded its footprint in Wood-Ridge, acquiring a 406-unit apartment building in the Wesmont Station district for nearly $162 million.

Events
High-profile speaker list grows for Rutgers symposium, case study on distressed assets

The next Rutgers Center for Real Estate symposium is only weeks away, with a fast-growing list of speakers who will share their insights on tackling distressed commercial real estate.

Residential & Mixed Use
AvalonBay marks debut of 374-unit Somerville apartment community

AvalonBay Communities has unveiled its new 374-unit luxury apartment property in Somerville, where it’s anchoring a master-planned project adjacent to the borough’s train station.

Residential & Mixed Use
Pulte continues growth in New Jersey with key partnerships at transit hub developments

PulteGroup has become a key player in some of New Jersey’s largest mixed-use, transit-centric redevelopments over the past decade, having delivered or broken ground on some 1,300 for-sale homes near train stations in partnership with several leading developers.

Roundtable
What will be the pandemic’s longest-lasting impact(s) on New Jersey’s multifamily sector?

We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say.

Residential & Mixed Use
AvalonBay rebuilds, reopens Edgewater building after 2015 blaze

AvalonBay Communities has unveiled 240 new apartments in Edgewater, following a high-profile fire in 2015 that leveled half of its luxury rental complex in the borough.

Residential & Mixed Use
Building management, energy tech firm details $3 million offering to fuel continued growth

A firm that provides software for building management and energy efficiency has set out to raise $3 million in venture funding for its fast-growing mobile platform.

Residential & Mixed Use
Is N.J. ready for an affordable housing building boom? Experts weigh in

For all of the uncertainty over how many new affordable housing units that municipalities will be forced to allow — whether it’s 100,000 or 300,000 — there will be another key question to answer when the state Supreme Court makes that determination.

Can the market in New Jersey support that many new homes?

Event Coverage
The policy debate: CRE experts weigh in

Affordable housing, transportation funding, home rule and other public policy and political issues were front and center at this week’s RealShare NJ conference in Holmdel.

Finance & Capital Markets
HFF brokers $147M sale of N.Y. multifamily property

A brokerage team from HFF’s New Jersey office has closed the $147 million sale of a 504-unit apartment community in nearby Rockland County, New York.