Woodmont Properties has hired a veteran industry executive to lead its newly formed senior housing division, touting an opportunity in the niche residential sector.
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.
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.
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.
The new owner of a 100-unit rental community in Bridgewater has tapped Value Cos. to oversee leasing and management of the property.
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 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 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.
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 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.