good buy: the 235-unit jefferson condominium in central new jersey was 35 percent sold before the models opened. the developer attributes the sales success to the lack of new, affordable construction.

The Jefferson Offers Affordable Living in Ewing, N.J.

The Jefferson marks American Properties Realty's third Central New Jersey multifamily project in five years.

 

Condo Market

  • 5 Reasons Occupancy Is Growing Stronger

    Despite the high number of units that have come on line in the past year—with thousands more on the way in the second half of 2014—occupancy and rent-growth levels are among the highest they've been this century.

     
  • Former GE Plant–Turned–Housing Revives Run-down NJ Neighborhood

    Now a mix of rental apartments and for-sale townhomes, the onetime manufacturing facility proves: If it’s livable, residents (and profits) will come.

     
  • Why You Shouldn’t Fear the Shadow Market

    The shadow market seems like it would offer some stiff competition to conventional multifamily owners ... until you get a closer look.

     
  • Condo Resurrection Lives Large in Chicago

    Riding the wave of a condo market resurgence, the developers behind the Chicago Spire re-up plans to build the tallest building in the Western hemisphere.

     
  • Condo Conversion Currency

    When Michael Reynolds looks back at the condominium scene in 2009, he’s happy just to call himself a survivor.

     
  • Orlando Low-Rise Reflects Market's Revitalization

    Pollack Shores' 326-unit SteelHouse can credit strong public-private partnerships, close proximity to public transportation, and a plethora of one-bedroom units in its success with Millennials.

     
  • New Supply Outpaced by Obsolescence, According to Harvard Joint Center

    The aging apartment stock has heightened the need for maintaining and investing in more rental supply, according to this year’s Harvard Joint Center for Housing Studies’ America's Rental Housing.

     
  • The Top 10 Multifamily Deals of the Year (Part Two)

    In the wake of the massive Archstone sale, several of the transactions included on this year's Top 10 Deals of the Year were the result of companies buying assets from Equity Residential and AvalonBay.

     
  • Domino Effect

    In assessing the biggest apartment transactions of 2013, ­it’s no surprise the Archstone/Equity Residential deal ranks first. But perhaps even more impressive is the number and size of the sales that ­occurred in its wake, some of which topped the billion-dollar mark.

     
  • Smart Strategy: A Developer's Condo Conversion Roadmap

    The condo conversion landscape is littered with the ghosts of failed developers past. But smart companies like Embarcadero Pacific are resuscitating this once-moribund market.