New Development: NJ Bat Factory will become 268 apartments
● Russo Development NJ Bat Factory will become 268 apartments Construction to transform the site of the former “Bat Factory” property into Russo Development’s Vermella...
Tag : New Jersey
Done Deals: This Week’s Residential Sales
Above it All in Asbury Park: Corcoran Sunshine’s Jodi Stasse, who’s been representing iStar’s New Jersey development Asbury Ocean Club Surfside Resort and Residences, has...
SB One makes senior committment
SB One Bancorp, the holding company for SB One Bank, announced its partnership in the development of the Saddle Brook Senior Housing which was just...
$4.2 million infusion for Rivet, a 163-unit building near NJCU
JLL has arranged $42.5 million in financing for RIVET, a mixed-use multi-housing and retail property located in Jersey City’s University Place. JLL advised the borrower,...
e-commerce bigs drive industrial vacancy to all-time low in Jersey
Despite seeing slightly paused growth in the first quarter of the year, New Jersey’s industrial market continues to rally, with total leasing activity up 20%...
International group pays $146M for NJ apartment portfolio
CBRE announced the $146 million sale of the Northern/Central New Jersey Workforce Housing Apartment Portfolio – a generational collection of seven multifamily high-rise and garden...
Endless demand keeping New Jersey multifamily investment brokers busy
Urban multi-family investment and a seemingly endless tenant pipeline remain a powerful catalyst for emerging apartment-rental submarkets throughout Essex and Union counties, according to the...
Wilcox wraps up longterm rental loan
G.S. Wilcox & Co. secured $32 million in financing for Maplewood Crossing located in Maplewood, New Jersey. The recently constructed luxury apartment community contains three...
JLL rolls out new franchise
JLL has completed nine separate retail transactions, totaling 17,897 s/f, for Burgerim franchisees throughout New Jersey. “Burgerim is a popular, fast-growing burger restaurant chain that...
Ivy bags $41M from hungry lenders
Cushman & Wakefield arranged $41 million in acquisition financing for Ivy Realty in their purchase of a 768,244 s/f industrial portfolio in Warren and Somerset,...