Marcus & Millichap's New Jersey office in Elmwood Park completed two transactions worth a combined $2.1 million, according to an announcement Wednesday from the company.
Read More »
Real Estate
Real estate auction indicative of market’s slowly building recovery
A Hunterdon County real estate company is auctioning 20 properties today, containing a broad mix of parcels its CEO said shows a gradually healing market.
Read More »Ashland completes deal for fourth floor in Roseland building
Mountain Development Corp., Square Mile Capital Management LLC and Jones Lang LaSalle announced Monday the completion of a 75,000-square-foot transaction with Ashland Inc. for the entire fourth floor of 56 Livingston Ave., a former Merck & Co. Inc. facility.
Read More »Two N.J. apartment buildings sell for 9.7 million
Marcus & Millichap’s Elmwood Park office announced Tuesday the sale of two New Jersey apartment buildings in deals together worth $9.7 million.
Read More »
Berger sees Sandy as a chance to redevelop Shore the right way
After paving roads from Burma to the Turnpike, global engineering firm Berger Group Holdings is focusing on clearing roads as it monitors the removal of Hurricane Sandy debris at the Jersey Shore, and urges the state's leaders to embark on a comprehensive plan for smart coastal rebuilding to weather future Sandys.
Read More »Realogy announces plan to redeem senior notes
In a bid to further retire its debt, Realogy Holdings Corp., the Parsippany provider of real estate brokerage, relocation and settlement services, announced Friday it will redeem all of the approximately $129.6 million aggregate principal amount 12 percent senior notes.
Read More »Gebroe-Hammer announces 21 million in six N.J. property sales
Livingston-based real estate company Gebroe-Hammer Associates on Thursday announced it had recently brokered six separate transactions, totaling more than $21 million, in Essex and Hudson counties.
Read More »
Mack-Cali makes entry into D.C. multifamily market
Mack-Cali Realty Corp. has turned to Washington, D.C., to quench its new thirst for multifamily assets, acquiring more than 800 units and development rights just outside the nation’s capital.
Read More »HFF arranges 38.9M acquisition financing for Hanover Marriott
Real estate services firm HFF announced today it has arranged a $38.9 million acquisition financing for the Hanover Marriott, an eight-story, 353-room full-service hotel in the Whippany section of Hanover.
Read More »
A pour substitute to speed Sandy rebuilds
The rebuilding of Belmar's boardwalk has grabbed headlines in recent months, with an ambitious plan to reopen the structure well before Memorial Day weekend. But on the other side of town, an effort to redevelop the borough's marina is slated to forge ahead, and it could be one model through which post-Hurricane Sandy development gets done in...
Read More »Eastern Union arranges financing for N.J. industrial property
Commercial mortgage brokerage firm Eastern Union Funding announced today it has arranged approximately $15 million in financing for industrial properties located in the tristate region, including one in New Jersey.
Read More »PendoTech settles in new Princeton headquarters
PendoTech, which designs products to enhance production of biopharmaceuticals, announced Tuesday it has relocated its regional headquarters to a new address in Princeton.
Read More »