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Real Estate

Mack-Cali declares cash dividend

According to the announcement, the 30-cents-per-share dividend is issued for the period October 1, 2013 through December 31, 2013. The dividend will be paid on January 15, 2014 to shareholders of record as of January 6, 2014.

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Gebroe-Hammer arranges nearly 8M in apartment sales

According to the announcement, the two separate transactions total 49 units in Caldwell and Montclair, and both properties were sold by long-term owners.  In the Caldwell transaction, the 27-unit complex at 40 Roseland Ave. traded for $4.3 million. The firm’s brokerage team, which included Uranowitz and David Jarvis, executive vice president, exclusively represented the seller ...

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KABR Real Estate moves into new 13,000-square-foot space

The firm, which buys and renovates distressed properties, relocated this month to 100 Challenger Road from a nearby site in the Overpeck Centre complex, according to a news release. The 4-year-old company has taken 13,000 square feet for its new space and is now making improvements to lure new tenants to the 150,000-square-foot building.   ...

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Visual Lease lets renters stay up to date on properties

It’s what caused Betesh to enter the business of “lease auditing” in 1985, working to ensure commercial tenants didn’t over pay for building services that were covered in the deal. But he took that one step further 10 years later when he founded Visual Lease, a software platform to help tenants track, manage and analyze ...

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