Riding the wave: Booming multifamily sector has fueled the latest growth spurt for Planned Cos.

With roots that date back more than 100 years, a Parsippany-based firm that provides janitorial, security, concierge and other services has seen its business spike in recent years amid the wave of new construction and new ownership within the multifamily space.

Hamilton apartment complex trades for $48 million

A developer has sold 166 apartments in Hamilton and has agreed to build another 63 for the property’s new owner, as part of a $48.2 million deal brokered by The Kislak Co. Inc.