Residential & Mixed Use
East Orange apartment sales total $11.75 million

Seven apartment buildings with 140 units in East Orange have changed hands for a combined $11.75 million, in a set of transactions announced Friday by The Kislak Co. Inc.

Residential & Mixed Use
East Orange property owners group names new president, secretary

Two multifamily investors in East Orange have been named to new roles with an industry group made up of fellow property owners in the city.

Residential & Mixed Use
Gebroe-Hammer touts sale of 150 units in Essex County

Four apartment properties in Essex County have changed hands for a combined $18.35 million, following a series of transactions brokered by Gebroe-Hammer Associates.

Top News
Developer drawing new renters to East Orange as it transforms city block by block

For Blackstone 360, a 105-unit project was just the beginning of what has become a major investment in East Orange. The development and design-build firm has since rehabilitated two other buildings in the city — comprising an additional 252 apartments — and now has a fourth project under construction that will deliver another 150 units to the neighborhood.

Finance & Capital Markets
Avison Young brokers $37 million in financing for North Jersey development projects

Brokers with Avison Young have arranged nearly $37 million in financing for two multifamily and mixed-use projects in Essex and Hudson counties, the firm said.

Residential & Mixed Use
Essex County apartment buildings trade for $18 million, Kislak says

A real estate firm has sold two East Orange apartment buildings for a combined $18 million, in a set of transactions arranged by The Kislak Co. Inc.

Office
Jewish Vocational Service unveils new home in East Orange

A nonprofit community health and human service organization has moved into a new 14,000-square-foot facility in East Orange with the help of a regional philanthropy group.

Residential & Mixed Use
Gebroe-Hammer touts nearly $30M in Essex County trades

More than 300 apartments have changed hands in eastern Essex County under two recent portfolio sales brokered by Gebroe-Hammer Associates, the firm said Monday.

Residential & Mixed Use
JV reportedly pays $181M for N.J. affordable housing portfolio

A joint venture is acquiring a 1,009-unit affordable housing portfolio, spanning seven towns in New Jersey, with the help of a $144 million Fannie Mae loan arranged by an out-of-state firm.

Retail
HFF: 116K sq. ft. shopping center sells for $36 million

A sprawling grocery-anchored shopping center in East Orange has changed hands, following a sale brokered by HFF’s New Jersey office.