Partnership Breaks Ground on Mixed-Use Project in North Haledon, New Jersey
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
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On the RET wire
- Disclosed mixed use deal value tracked in August 2026: $1.1B across 9 reported transactions. All Mixed Use coverage →
Computed from Real Estate Trail’s own tracked coverage
NORTH HALEDON, N.J. — A partnership between two New Jersey-based groups, Tulfra Real Estate and The Hampshire Cos. has broken ground on High Mountain Promenade, a mixed-use project in the Northern New Jersey community…
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