Woodmont launches senior housing division, taps industry veteran

Woodmont Properties has hired a veteran industry executive to lead its newly formed senior housing division, touting an opportunity in the niche residential sector.

New Woodmont rental property in South Amboy fully leased, on the market for sale

Woodmont Properties has completed its lease-up at one of its newest luxury rental communities and has put the 126-unit property on the market for sale.

New ‘town center’ project is anchored by health care, bucking traditional uses

For a project that will bring more than 400 new apartments and townhomes to Gloucester County’s largest town, a joint venture is banking on the demand for health care services as a key driver of the property and a potential model for other mixed-use projects in the state.

A new twist on mixed-use

As you’ll read in this month’s cover story, a joint venture is banking on health care as a key ingredient in a long-awaited, mixed-use project in Gloucester County. Consider that the 35-acre development, known as Washington Square Town Center, includes a 40,000-square-foot medical office building as a way to balance the amount of retail on the site. The plan also calls for a 110-bed assisted living facility, which will provide the tax revenue that might otherwise come from a more traditional commercial use.

Value Cos. picked to manage recently sold, 100-unit Bridgewater complex

The new owner of a 100-unit rental community in Bridgewater has tapped Value Cos. to oversee leasing and management of the property.

Gebroe-Hammer inks $32.6 million sale of Woodmont property in Bridgewater

Woodmont Properties has sold a 100-unit apartment complex in Bridgewater for more than $32 million, in a sale announced by Gebroe-Hammer Associates.

Woodmont announces open house for Washington Township community

Woodmont Properties is set to open the doors to a new 260-unit, luxury residential development in Gloucester County, where it has completed the lease-up of its first phase.

Woodmont hails lease-up, new retailers at Metuchen project

Woodmont Properties is touting the lease-up of 273 new apartments in Metuchen, while also marking the addition of three retailers to the mixed-use project.

Lawmakers pass bill to create TOD office within NJ Transit

State lawmakers have approved a bill that would create an office of transit-oriented development within NJ Transit and require an annual inventory of the agency’s real estate holdings.

Woodmont opens new South Amboy residential community

Woodmont Properties has opened the doors to its newest luxury residential community, a mix of more than 120 townhomes and apartments near the South Amboy train station and waterfront.