Newark
Fairstead, LIHC Investment Partner on Mixed-Income Development Proposal for Newark
Fairstead and LIHC Investment Group announced a new ground-up development proposal for a mixed-income building at Essex Plaza in Newark. The… Read more
Industrial Specialist Terrano Realty Acquires Property in Newark, NJ for $17M
Industrial property specialist Terreno Realty Corporation, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial… Read more
Creation RE JVs with J.P. Morgan on $1B Industrial JV
Creation RE, a real estate investment and development firm headquartered in Phoenix, and institutional investors advised by J.P. Morgan Global… Read more
JLL Arranges Financing for New Jersey Apartment Complex
JLL Capital Markets has arranged $28.48 million in construction financing for 175 Morris St., an 85-unit apartment community located in… Read more
CBRE Sells New Jersey Workforce Housing for $30M
CBRE announced today the $30 million sale of a 191-unit, two-building workforce housing portfolio located in Newark, New Jersey. The… Read more
Marta Person Villa Rejoins CBRE as SVP
Veteran retail executive Marta Person Villa is returning to CBRE and will serve as an SVP with the retail practice… Read more
NYC Lags Northeast in New Housing Approvals
New York City approved less new housing per resident than any other Northeast city in 2020, the New York Post… Read more
Parkview Provides $90M for Construction of Newark High-Rise
Parkview Financial provided a $90-million construction loan to Acier Holdings for the construction of Phase I of The Halo, a… Read more
OneWall Trades East Orange Workforce Portfolio for $53M
OneWall Communities, a Stamford, CT-based owner and operator of transit-oriented and suburban lifestyle-workforce housing, sold a 301-unit portfolio of five multifamily rental… Read more
Newark Office Acquisition Secures $114M Financing
JLL Capital Markets and Progress Capital arranged $113.5 million in acquisition financing on the Broad & Halsey Street Portfolio in Newark. The portfolio consists… Read more
CenterPoint Adds “Sought-After” Jersey City Cold Storage
CenterPoint Properties has acquired a 49,500-square-foot cold storage facility at 200 Polar Way in Jersey City. The building, leased long-term… Read more
DataBank Will Build NYC Region’s Fifth Data Center
Dallas-based DataBank has acquired 34 acres in Orangeburg, NY, north of New York City. The colocation provider will use the acreage to build the metro… Read more
Port Authority Announces Shortlist of Teams for AirTrain LaGuardia Project
The Port Authority of New York and New Jersey on Wednesday announced a short list of four teams in the… Read more
Newmark Hired to Lease Up Newark’s 80 Park Plaza
Newmark has been hired as leasing agent for 80 Park Plaza, a 973,000-square-foot, Class A office property owned by Nightingale Properties and… Read more
Luxury Apartments in East Orange Score $53M Refi
Brad Domenico of Progress Capital secured $53,000,000 in refinancing for Blackstone 360, owner/developer of LOTUS 315, an eight-story, Class-A luxury mixed-use building at 315 S. Harrison St.… Read more
Greystone Arranges $94M Construction Loan for Newark Multifamily
Greystone recently arranged a $94-million construction loan for an affiliate of J&L Companies to finance the development of a 12-story,… Read more
Seattle Lands at Number 10 for Jobs Recovery
After a disappointing April jobs report, hiring is on the rise again. ThinkWhy, a labor market data and analytics firm,… Read more
Thorofare Closes $31M Redevelopment Loan on Newark Apartments
Thorofare Capital closed a $30.8-million redevelopment loan for the complete renovation of a 216-unit, 25-story multifamily tower adjacent to Newark Liberty… Read more
Bellwether Closes Loans on Affordable Complexes in Chicago and Elsewhere
Bellwether Enterprise Real Estate Capital LLC recently closed four loan deals totaling $72,069,154 for affordable senior housing in Chicago, Franklin Park, and… Read more