Joshua Burd
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Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

Woodmont, Canoe Brook venture sells 116-unit Secaucus rental property, CBRE says

The developers of a four-year-old, 116-unit luxury rental community in Secaucus have sold the property for nearly $48 million, brokers with CBRE announced Thursday.

Berkadia: Updated 25-unit apartment building in Montclair sells for $7.6 million

An investor has sold a renovated 25-unit apartment building near downtown Montclair for nearly $7.6 million, according to a listing team with Berkadia.

Newmark: Fairfield office building hits 85 percent occupancy after new 18,000 sq. ft. lease

A new tenant is coming to a Fairfield office building after inking a lease for some 18,000 square feet, marking the latest deal at the property by brokers with Newmark Associates.

Randolph tract approved for 35 homes, retail space fetches $4.5 million, C&W says

A developer has acquired a parcel in Randolph with plans in place for 35 housing units and more than 4,000 square feet of retail space, in a transaction arranged by Cushman & Wakefield.

NFI, Penwood detail Exit 5 logistics project with joint venture, financing arranged by JLL

A joint venture has landed a $54 million construction loan to build more than 528,000 square feet of new industrial space in Burlington County, in a set of deals arranged by JLL.

On the horizon

Two key asset classes in New Jersey have become inextricably linked in the last two to three years, as local governments increasingly turn to their aging office stock to fill the state’s housing deficit. Some have done so proactively, but others are acting out of necessity as they race to comply with New Jersey’s updated affordable housing law. That’s causing some market leaders to wonder if municipalities will face “multifamily fatigue” after the latest round of mandates and the corresponding land use planning, which has played out across the state over the past 12 months.

A changing landscape: Development leaders expect office-to-residential conversions to slow, be reimagined

Some veteran real estate experts are predicting “multifamily fatigue” in the Garden State as towns deal with the latest round of state-mandated affordable housing obligations, potentially reshaping the state’s development scene and the pipeline of residential projects.

Donnelly completes 60-unit rental project along NJ Transit rail line in Denville

Donnelly Industries has unveiled a new 60-unit apartment building in Denville, touting a location directly next to a train station and minutes from the town’s popular business district.

With World Cup looming, P3 charges ahead with $100 million update of Meadowlands hotel

A developer’s full-scale update of a landmark hotel in East Rutherford is quickly moving ahead with just months to go until MetLife Stadium welcomes the FIFA Men’s World Cup.

RRNNJ: Audio tech company leases 17,000 sq. ft. in Mount Olive industrial deal

An audio company has secured 17,000 square feet of industrial space in Morris County, in the largest of two newly announced deals by Resource Realty of Northern New Jersey.