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.

Residential & Mixed Use

Camden apartment complex fetches $34.5 million, Marcus & Millichap says

An owner and developer of low-income housing has acquired nearly 400 existing units in Camden, in a nearly $34.5 million deal arranged by Marcus & Millichap.

Government & Public Policy

NJAA marks record attendance by lawmakers for PAC event (SLIDESHOW)

In a sign of strength for the state’s multifamily sector, some three dozen state lawmakers turned out this week for an annual reception hosted by the New Jersey Apartment Association.

Residential & Mixed Use

Developer set to begin leasing at new Monmouth County rental project

BNE Real Estate will soon open the doors to its new 227-unit luxury apartment project in Aberdeen, hoping to capitalize on a location just steps from an NJ Transit rail station.

Finance & Capital Markets

CRE mortgage broker firm hires business development exec for new unit

Eastern Union Funding, a Howell-based commercial real estate mortgage brokerage firm, has hired a director of business development for a newly launched division.

Residential & Mixed Use

Watchung apartment complex sells for $90 million

A high-end apartment community in Somerset County is under new ownership, following the roughly $90 million sale of the property to a Manhattan-based operator.

Office

Development set to begin at new hotel, restaurant at SJP campus in Bridgewater

SJP Properties has sold a parcel within its five-building office campus in Bridgewater, paving the way for the development of a new high-end Marriott hotel and Zinburger Wine & Burger Bar.

Urban logistics set to change industrial real estate’s competitive landscape

The rising demand for sites that will support urban logistics centers has driven growth in Northern New Jersey, while also creating competition among developers, as forgotten industrial markets reemerge. Retailers, parcel carriers and food and beverage companies have all increased their demand for industrial space less than ten miles from Manhattan. Formerly obsolete locations throughout New York’s boroughs are reemerging as competitive alternatives to the New Jersey markets.