The DMR Architects-designed project is slated to include 70 units as well as amenities across more than 100,000 square feet.

Meanwhile, the Barnegat-based developer said that construction on the property's second building continues to progress.

CBRE arranged the sale of the Hue Soul project property located at the corner of Dr. Martin Luther King Jr. Boulevard and South Burnet Street.

The 99-unit offering from Park Stone Management and Fields Grade in Journal Square features a mix of studio, one- and two-bedroom units, as well as direct access to local favorite Choc-O-Pain French Bakery + Café from its lobby.

Diversified Properties has plans to bring 32 new units to Jefferson Township in its first phase of construction.

According to a Jan. 18 announcement from the Livingston-based firm, assets in the sector will continue to demonstrate stability during this period of economic "normalization," with projections for healthy investment growth in the coming months.

NAI James E. Hanson was retained by the seller and procured the buyer in this transaction for a two-lot assemblage that was previously approved for 110 residential units.

JLL announced the construction funding and equity placement for Canterly Place, which will offer 300 units.

JMF Properties' The American will bring more than 20,000 square feet of amenity space and 125 units to the borough.

The financing – provided by Provident Bank and secured by the JLL Capital Markets team – will see the rise of The Delford, a six-story multifamily development.

JLL Capital Markets arranged the fixed-rate loan on behalf of Denholtz Properties, which developed the two-building, 288-unit property in 1970 and has owned and managed it since.

The Matawan-based commercial real estate brokerage sold a 14-unit property located on King Cole Road, while in Cranford it negotiated a deal for the 46-unit Riverside Garden apartments.