Developers marked the opening of a new luxury apartment tower in downtown Jersey City, where renters absorbed more than 500 apartments in just five months, in a sign of the relentless demand that continues to feed the city's residential market.

The asset and property manager of the three-building, 600,000-square-foot Eisenhower Park campus in Roseland is set to launch a sweeping overhaul of the portfolio.

An investor has purchased a series of medical office properties in Bergen and Camden counties, paying just over $7 million in a deal arranged by CBRE.