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.

People
CRE veteran joins HFF debt and equity team

HFF has hired Greg Nalbandian as a senior managing director in its Florham Park office. He joins the firm with more than 23 years of experience in the industry, having most recently served as a senior vice president and managing director with NorthMarq Capital LLC.

Residential & Mixed Use
Essex County apartments to stay affordable after $22M trade

A multifamily owner is set to acquire a 178-unit property in East Orange, as part of a $22 million deal that calls for preserving its status as affordable housing.

Office
Massive solar panel skylight coming to Bell Works

Somerset Development has started construction on what will be the latest distinctive piece of its vast Bell Works complex in Holmdel: the largest photovoltaic glass skylight in the United States.

Finance & Capital Markets
Avison Young brokers $34M loan for Lehigh Valley project

Brokers in Avison Young’s New Jersey office have arranged more than $34 million in financing for a mixed-use development in Pennsylvania’s Lehigh Valley, the firm announced.

Retail
Highway retail site near Monmouth Mall changes hands, Goldstein says

The Goldstein Group has brokered the sale of an 11,200-square-foot Monmouth County retail site and will serve as leasing agent for the property’s new owner, the firm announced Monday.

Finance & Capital Markets
Global appeal: Foreign investors see new opportunity in New Jersey

As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.

Residential & Mixed Use
How a Chinese construction giant is planting a flag in New Jersey

For a company that had been in the U.S. for nearly three decades, it was only about four years ago that the conglomerate known as China State Construction Engineering Corp. suddenly caught the attention of New Jersey’s commercial real estate market.

Finance & Capital Markets
Panasonic tower put Newark ‘on the radar of international investors’

Far Eastern investors have accounted for most of the high-profile deals over the last year or so, but it was a Middle Eastern platform, KFH Capital Investment Co., that made the biggest splash in the fourth quarter of 2016.

Health Care & Education
From the ground up: Leaders of Rutgers CRE program eager to build on early progress

Leaders of the Rutgers Center for Real Estate aim to make it the top academic and research program of its kind, one that helps improve the industry and provides a link between the state’s top real estate firms and the next generation of professionals.

Professional Services
Snow business: When winter strikes, many top N.J. property owners call on this firm

Lawns by Yorkshire is one of the largest businesses in the state when it comes to snow removal, with a book of business that includes more than 250 acres of parking lots across commercial and residential properties.