Community Investment Strategies to preserve affordable senior housing in Lambertville

Community Investment Strategies has secured more than $15 million in financing to preserve and renovate an 86-unit affordable senior housing property in Lambertville.

State program in focus as Michaels, Virtua open new Camden housing with on-site health care

Housing and health care have come together in Camden as part of a new age-restricted, 47-unit apartment building that opened its doors last month.

Sena, Cortell launch $124 million rehab of 304-unit Trenton affordable housing property

A joint venture has kicked off a sweeping $124 million project to modernize and preserve a two-building, 304-unit affordable housing property in downtown Trenton.

NJPAC breaks ground on $336 million campus expansion with 350 rentals, arts education hub

Construction is set to begin on a long-awaited expansion of the New Jersey Performing Arts Center’s campus in Newark, part of a $336 million project that will bring 350 new apartments, office and retail space and a 58,000-square-foot arts education and community center.

Tredway, L+M affiliate acquire Camden affordable housing tower, eyeing major renovation

An investment group has closed on $68 million in financing to acquire and modernize a 225-unit affordable housing property near the Camden waterfront.

EDA pledges $200 million Aspire tax credit for mixed-use ‘NJPAC District’ project in Newark

A sweeping plan to expand the New Jersey Performing Arts Center campus in Newark has secured a 10-year, $200 million tax credit award under the state’s Aspire program, in a key step for a project that would include 350 apartments and new commercial and community spaces.

Regan Development, HMFA debut 85-unit senior, supportive housing project in Little Ferry

Regan Development Corp. has opened a new 85-unit apartment building in Little Ferry that will provide affordable housing for seniors and residents with special needs.

TD pledges $2 billion to affordable housing, lending programs alongside NJCA, HCDNNJ

TD Bank has pledged $2 billion toward affordable housing, affordable mortgage lending and other investments aimed at supporting lower-income communities in the state, under a partnership announced this week with two influential advocacy groups.

Eastern Pacific unveils first phase of Vineland senior housing, breaks ground on second

Eastern Pacific Development has completed the 65-unit first phase of a new senior housing complex in Vineland, with construction now underway on the project’s second piece.

JLL: Developer inks $18 million financing package for new rentals in West New York

A private developer has secured construction financing for a 48-unit multifamily project in West New York and a second loan for an existing property in the town, brokers with JLL said.