Capodagli, local officials break ground on new Roselle Park rental community

A developer is set to transform a tired stretch of Route 28 in Roselle Park, with plans to build more than 200 new apartments and street-level retail space over the next two years.

Dover project marks latest transit hub community for Capodagli

Construction is underway at the site of a planned 214-unit apartment complex in downtown Dover, where a developer is seeking to capitalize on a busy downtown and nearby mass transit.

Developer secures $49.6 million loan for Hackensack rental project, HFF says

HFF has arranged nearly $50 million in financing for a newly built 222-unit, luxury apartment complex in Hackensack, the real estate services firm said Tuesday.

Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

‘Uber does have a part to play’ in CRE, company official tells NAIOP members

Uber may have unveiled a new partnership with a New Jersey developer earlier this week, but it’s just one of the steps that the ridesharing service has taken — and is planning for the future — to work hand in hand with the real estate industry and other business sectors.

A company official detailed some of those other affiliations last week, speaking directly to a crowd of NAIOP New Jersey members and professionals in Elizabeth.