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The Elbie: 78-unit mixed-use project breaks ground in Long Branch
The project from Downeaster Development and TANTUM advances ongoing redevelopment work in the Lower Broadway section of the township, bringing 4,000 square feet of retail space as well as streetscape improvements.
Photos: 505 Summit launches leasing in Jersey City
Explore the latest from Panepinto Properties, featuring 605 apartments with skyline views, retail space, amenities and rents starting from the $2,700s.
SAGE closes $29.35M in multifamily sales across 3 NJ counties
The boutique brokerage announced deals across Bergen, Morris and Middlesex counties, highlighting local rental market demand.
Sparrow Management marks five years of multifamily growth
Bloomfield-based Sparrow Management celebrates five years, managing nearly 2,000 units and expanding its multifamily portfolio with new properties.
Mara by Vermella Belmar multifamily secures financing
CushWake arranged a construction loan for this transit-oriented development from Russo Development, which will deliver 198 apartments, including market-rate and affordable units with luxury amenities.
Russo Development starts construction on 45K-SF Paramus HQ
In addition to beginning development on its new corporate base, a new transit-oriented development is also now underway that will add more than 200 units under the Vermella Rahway banner in Essex County.
Downtown Chatham multifamily sells for $11M
ICON Real Estate Advisors brokered the $11 million sale of renovated 31-unit multifamily property in downtown Chatham in a 1031 exchange.
Veris Residential to be acquired in $3.4B deal
Marking the culmination of its multifamily REIT transformation, the Jersey City-based business entered a merger agreement with an Affinius Capital-led consortium.
Elizabeth TOD Ecco lands $83M construction loan
JLL secured financing for phase 2 of Vintage City Development's work in the Union County seat, which will add a 258-unit luxury multifamily development adjacent to the city's recently renovated NJ Transit station.
ICON Real Estate launches with $35M Piscataway multifamily sale
The West Orange-based real estate investment firm from two former longer time Gebroe-Hammer colleagues announced its first deal Feb. 12 for The Grove.
Secaucus multifamily The Waverton sells for $48M
Completed in 2022, CBRE brokered the deal in which minority owner Canoe Brook Development retained its stake in the 116-unit waterfront property.
Kislak closes record multifamily, mixed-use sales in NJ
The commercial brokerage's recent deals include a $20 million Neptune City transaction, along with a notable Asbury Park effort and Flemington mixed-use transaction.
