New Jersey
Parkview Lends on Redevelopment at Former Elizabeth Hospital
Parkview Financial provided a $56-million construction loan to CMT Developers, LLC for the development of Phase I of Jersey Walk, a Class… Read more
Colliers Expands into Engineering Services with Maser Deal
Colliers International has entered into an agreement to acquire a controlling interest in engineering design and consulting firm Maser Consulting… Read more
Sanzari Renews with Five Law Firms in Hackensack
Alfred Sanzari Enterprises signed lease renewals with five law firms at Court Plaza located at 19-21-25 Main St. in Hackensack,… Read more
Procida Rolls Out Advisory Services Platform
Procida Funding & Advisors, based in Englewood Cliffs, NJ, has rolled out its advisory services platform. The 25-year-old company provides an array… Read more
Bridge Development Plans More Acquisitions, Overseas Expansion
Bridge Development Partners said it had acquired 21 properties totaling approximately 11.7 million square feet, valued at over $3.1 billion across Bridge’s five… Read more
S.Hekemian Group Breaks Ground on Industrial Near Newark Airport
The S.Hekemian Group LLC has broken ground on 120 Frontage Rd. in Newark, NJ, near Newark Liberty International Airport. JLL… Read more
Tryko Acquires Three Virginia Skilled Nursing Facilities
Tryko Partners has acquired three skilled nursing facilities in Virginia for an undisclosed price. The acquisition is part of a… Read more
NYC Apartment Growth Runs Slightly Ahead of State, U.S. Averages
New York City rents have declined 0.1% over the past month, but are up moderately by 2.2% from a year… Read more
IPA Arranges Deal for Walmart-Anchored Center in Hamilton
First National Realty Partners acquired The Court at Hamilton, a 194,000-square-foot Walmart-anchored retail center in Hamilton, NJ, in an off market transaction.… Read more
Halpern Real Estate Ventures Closes Inaugural Commingled O-Zone Platform
Halpern Real Estate Ventures (HREV) achieved its $50 million target in its inaugural Opportunity Zone Platform. The funds, which were… Read more
NYC’s Evolving Superregional Industrial Market
The term “megalopolis” has been around for more than a century. In 2020, someone may need to coin a comparable… Read more
Consulting Firm J.S. Held Acquires Brennan Environmental
Consulting firm J.S. Held, based in Jericho, NY, has acquired Brennan Environmental Inc. (BEI), an environmental consulting firm headquartered in… Read more
Fast Absorption of New Industrial Tempers Concerns About Oversupply
Developers completed construction of 289 million square feet of industrial and logistics real estate across the U.S. in 2019, but… Read more
New York Life Partners with CBRE GI on Investment Funds
New York Life Investments will bring additional alternative investment funds into its MainStay Fund lineup via a strategic partnership with… Read more
Goodman, CPP Increase Equity Commitment to $5.5B in U.S. Logistics Partnership
Goodman Group and Canada Pension Plan Investment Board have committed an additional $2.5 billion in equity to the Goodman North… Read more
Halpern Closes on O-Zone Development Platform
New York City-based Halpern Real Estate Ventures (HREV) closed on its inaugural Opportunity Zone Platform after achieving its target of… Read more
Vision RE Wraps Up Revamp at Morristown Offices
Vision Real Estate Partners recently completed renovations to the lobby and a new rooftop deck at 1776 On the Green, in the… Read more
JV Pays $23M for Ownership Rights to Pecan 130 Commerce Center
A joint venture between San Juan Capistrano-based Birtcher Anderson Realty and Alex Brown Realty of Baltimore, MD acquired Pecan 130… Read more
RXR’s New Rochelle Apartments Land $131M Loan
Capital One served as the lead bank for a $131.2-million construction loan for the ground-up development of 26 South Division, a 28-story,… Read more