Author Archives: Linda Lindner

Cross River Bank to enhance real-time payment capabilities

Cross River Bank said that it will enhance its real-time payments capabilities for its partners through its application to join the RTP® network developed by The Clearing House (TCH). With the RTP network, the Fort Lee-based Cross River will provide the ability for its fintech and commercial banking clients to send, clear and settle payments instantaneously with advanced messaging capabilities, ...

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Garden State experiences lowest monthly unemployment rate since recordkeeping began in 1976

August marked the fifth consecutive month that New Jersey’s unemployment rate continued its downward trend. The state’s unemployment rate edged lower by 0.1 of a percentage point to 3.2 percent – the lowest monthly rate since state-level records began in 1976 – and remained below the national unemployment rate of 3.7 percent, according to estimates produced by the U.S. Bureau ...

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Bussel Realty leases space in Middlesex industrial property

Bussel Realty Corp. announced its leased 14,437 square feet in Middlesex to Leading Pharma. Earl Lapides, vice president of BRC, represented the owner, JT Realty Associates, LLC, and Leading Pharma, the tenant, in the transaction. The property is located at 250 Lackland Drive and comprises of 14,437 square-foot industrial property close to Routes 28 and Interstate 287, and minutes to ...

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Monmouth Real Estate moves headquarters to Bell Works building in Holmdel

Monmouth Real Estate Investment Corporation moved its headquarters to the renowned Bell Works complex in Holmdel. The facility was previously home to the historic Bell Labs, the research and development arm of AT&T. Located at 101 Crawfords Corner Road, the Bell Labs campus was the birthplace of many of the most monumental technological advancements and saw eleven Nobel Prize winners ...

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New partnership creates largest urology network in the northeast

New Jersey Urology (NJU) and Urology Management Associates (UMA) said on Wednesday they partnered with Premier Urology Group LLC effective Sept. 13. The partnership creates one of the largest urology groups in the United States, with 124 providers in 52 locations, including five cancer treatment centers. Combined, the organizations will have more robust resources for patients and employees alike and ...

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Realogy and HomeAdvisor partner to ‘RealVitalize’ home improvement

A couple receives a set of keys.

Realogy Holdings Corp. and HomeAdvisor® on Wednesday announced they teamed up to create a new, leading digital marketplace that will change the way homeowners find, connect and purchase home services. With the launch of RealVitalize, the partnership aims to offer home sellers with home improvement resources prior to or during the home listing period with no up-front costs or interest ...

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KRE Group & TCH Docks Corner Lane secure $35M to build warehouse facility in Monroe

KRE Group and TCH Docks Corner Lane LLC, said their partnership closed on $35 million in construction financing loan to build a new warehouse at 251 Docks Corner Road in Monroe Township. The 28-acre piece of property will offer 382,400 square feet of rentable industrial warehouse space, including 34,000 square feet of office space. The loan, provided by Provident Bank, ...

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Holmdel insurance company acquires assets of John Manougian Agency

Holmdel-based Jacobson, Goldfarb & Scott, Inc. (JGS Insurance) said it acquired John Manougian Insurance Agency (JMI) located in Silver Spring, MD. Founder John Manougian will remain as a consultant, while Chris Manougian and Robin Manougian will serve as Vice Presidents along with the rest of the staff whom will continue to operate from the agency’s Silver Spring office. JMI currently ...

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Investors Bank appoints Varshney as chief compliance officer

Investors Bank said it appointed Rajiv Varshney to the position of Chief Compliance Officer effective immediately. In his new role, Varshney will support deploying the bank’s databases, workflow tools and management information systems (MIS) to enhance the risk management function and produce efficiencies with his primary responsibility being maintaining a sustainable as well as scalable compliance program that aligns with ...

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One Wall Partners hires industry leader as SVP of Property Management for growing portfolio

Newark-based One Wall Partners announced it hired Kerri Haltom as Senior Vice President of Property Management for the company’s portfolio, which has grown to more than 3,600 units in New Jersey and Pennsylvania. In her new role, Haltom will oversee the property management division as the company continues to grow through acquisitions. Haltom has cultivated valuable experience during the past ...

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Kearny Bank’s new team to focus on enhanced expertise, savings, investment strategies and ‘quality of conversations’

Kearny Bank announced it established a new Retail Sales & Development Team, reflecting an emphasis on improved performance and service at each local branch, as measured by the quality of conversations with clients. Kearny Bank says this means cultivating a more thorough understanding of each client’s needs and preferences, while seeking opportunities to further strengthen client relationships. “Our concept of ...

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