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Friday, March 13, 2026

Larken Associates reports strong 2025 growth with 95% residential occupancy

Larken Associates announced Wednesday a banner year for its Larken Living residential portfolio. The firm closed 2025 with a dominant 95% occupancy rate across its nearly 3,000-unit footprint, reflecting a resilient demand for luxury multifamily housing in New Jersey and Pennsylvania.

The year-end data underscores a massive volume of activity for the firm’s leasing teams, who managed over 1,100 new rentals and nearly 1,900 lease renewals across 20 distinct communities.

The past 12 months were marked by significant construction and development triumphs, most notably in Warren County.

  • Monte View at Pohatcong: Larken successfully completed and fully leased this 120-unit luxury community, bringing high-end residential options to the growing Pohatcong submarket.

  • Trailside Village (Forks Township, PA): The firm launched pre-leasing for its largest project to date. This 420-unit luxury mixed-use development represents a major expansion in Pennsylvania, with the first residents expected to move in during early spring 2026.

Larken Associates has been on an aggressive growth trajectory, expanding its portfolio by 40% over the last five years. This expansion is fueled by a specialized focus on luxury “garden and garage” style apartments that cater to suburban professionals and families.

“Our accomplishments over the past 12 months reflect the deep expertise and collaborative approach of our entire team,” David Gardner, president and CEO of Larken Associates said. “We’re excited to build on this success in 2026 and continue to bring exemplary communities to life.”

The 2026 Outlook: 1,300 Units in Queue

The momentum is not expected to slow. As the firm wraps up Trailside Village, it is already looking toward a massive development pipeline.

Year Portfolio Milestone
2025 Reached 95% Portfolio-wide Occupancy
Early 2026 First Move-ins at Trailside Village (420 Units)
2026–2028 1,300+ Units Planned for New Jersey & Pennsylvania

With over 1,300 apartments currently in various stages of development, Larken Associates is positioning itself as one of the most active developers in the region’s suburban residential sector.

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