Residential & Mixed Use
KRE, National top out final Journal Squared tower in Jersey City, slated to add 598 units

The team behind the landmark Journal Squared project in Jersey City has reached another milestone, having topped out the third and final building at a site that will ultimately include more than 1,800 apartments and 36,000 square feet of retail and restaurant space.

Residential & Mixed Use
KRE Group debuts sweeping in-person fitness program at Jersey City, Bayonne rental buildings

Kushner Real Estate Group has launched a new fitness program for thousands of residents across its eight luxury apartment properties in Jersey City and Bayonne, working with a locally based group of certified trainers to offer dozens of monthly in-person classes.

Residential & Mixed Use
KRE Group breaks ground on 239-unit rental project at ex-Mondelez site in East Hanover

Kushner Real Estate Group has broken ground on a new 239-unit luxury apartment property in East Hanover, as it expands its portfolio of garden-style multifamily assets.

Industrial
STRO, KRE Group detail 205,000 sq. ft. lease with Amazon in Woodland Park

The STRO Cos. and Kushner Real Estate Group are touting a lease with Amazon at a new industrial building in Woodland Park, where the e-commerce giant operates a 205,000-square-foot same-day delivery facility.

Residential & Mixed Use
KRE, National break ground on 360-unit apartment tower in key Philadelphia district

Construction is underway on a new apartment tower that marks Kushner Real Estate Group’s entrance to Philadelphia, with plans to connect two well-known neighborhoods in the city.

Events
Multifamily construction starts tick downward, but panelists express long-term optimism

Rising interest rates are weighing on New Jersey’s multifamily pipeline, at least in the near term, but have seemingly not dampened the longer outlook for new construction.

Residential & Mixed Use
Multifamily owners, experts debate path forward as interest rate hikes loom (SLIDESHOW)

Interest rate concerns have permeated the commercial real estate landscape in New Jersey and beyond — including the stalwart multifamily sector, which has enjoyed years of rent growth, low vacancy and strong absorption driven by wholesale demographic shifts. Investors and developers are now wrestling with how to forge ahead with deals and projects despite the uncertainty, as they wait to learn how many more rate hikes are still to come.

Finance & Capital Markets
STRO, KRE ink $60 million refi of new 205,000 sq. ft. Woodland Park industrial building

The STRO Cos. and Kushner Real Estate Group have secured $60 million to refinance a new 205,000-square-foot industrial development in Woodland Park.

Residential & Mixed Use
KRE hits new leasing milestone at multiphase Bayonne residential project

Kushner Real Estate Group has all but leased up more than 400 units at its new luxury rental property in Bayonne known as Bay 151.

Residential & Mixed Use
KRE, Northwestern unveil new Jersey City high-rise after leasing 500 units in five months

Developers marked the opening of a new luxury apartment tower in downtown Jersey City, where renters absorbed more than 500 apartments in just five months, in a sign of the relentless demand that continues to feed the city’s residential market.