Finance & Capital Markets
Madison Realty, Taurasi ink $97 million construction loan for Hoboken condo project

A developer has snagged a $97 million construction loan for its plan to create 110 upscale, loft-style condominiums at what’s currently an industrial building in southwest Hoboken.

Retail
ULI awards showcases the best in land use, redevelopment while highlighting ongoing challenges in New Jersey (SLIDESHOW)

Th Urban Land Institute’s Northern New Jersey chapter hosted its largest event of the year, honoring projects, professionals and companies in nearly 20 categories as recipients called for continued cooperation between developers and policymakers.

Roundtable
How is Gen Z influencing design or construction choices for new apartment buildings?

How is Gen Z influencing design or construction choices for new apartment buildings? We assembled a panel of industry experts to tackle this month’s question.

Residential & Mixed Use
Buyer wanted for Hoboken development site approved for 60 luxury rentals, CBRE says

A development site in Hoboken is on the market for sale with approvals in place for a seven-story, 60-unit luxury apartment building with street-level retail space.

Events
ULI Northern New Jersey unveils honorees for April awards gala

The Urban Land Institute’s Northern New Jersey chapter has announced the winners of its 2024 Excellence Awards, highlighting a host of projects and professionals involved in land use and development in the state.

Residential & Mixed Use
Rockabill adds two vice presidents for supportive housing, underwriting teams

Affordable housing developer and consulting firm Rockabill has added two vice presidents to its Hoboken-based team.

Industrial
Faropoint secures investment from Invesco Real Estate, eyeing continued growth

Faropoint, the fast-growing investment firm focused on last-mile industrial properties, has sold a minority stake in its business to Invesco Real Estate.

Residential & Mixed Use
CBRE: First piece of NRIA portfolio trades as Hoboken development site fetches $8.5 million

A private investor has acquired a multifamily development site in Hoboken, marking the first trade involving the portfolio of the disgraced firm National Realty Investment Advisors LLC.

Professional Spotlight
MHS Architecture

Our clientele is the best of the mixed-use multifamily real estate developers in the tristate area. These developers have a keen interest in creating projects of the highest quality in all sizes ranging from mixed-use high-rises to metro-burb developments. These unique communities seamlessly integrate residential, commercial and recreational spaces, fostering a holistic live-work-play environment through strategic placemaking.

Residential & Mixed Use
Bijou sells 69-unit Hoboken luxury rental property in trade, financing deal arranged by JLL

Bijou Properties has sold a two-building, 69-unit luxury apartment portfolio in northern Hoboken, in a newly announced deal by JLL.