(To read more on the multifamily market, click here.)

GALLOWAY TOWNSHIP, NJ-Construction is just under way for theHousing IV project, a four-building residential complex on thecampus of the Richard Stockton College of New Jersey here. The$29.8-million complex will add 256 beds to the residentialcomponent of the institution, a state-supported school in thePomona section of this South Jersey township.

"This is a significant step in the progress of our facilitiesmaster plan," says college president Herman J. Saatkamp Jr. "Morestudents want the total experience of living on campus, and thecomplex will help us meet the demand and create an environment topromote the 'living-learning' philosophy."

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