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.

Finance & Capital Markets
Hotel developer inks construction loan for 128-key Marriott property in Lyndhurst

A developer has secured a $14.6 million construction loan to build a 128-key extended-stay hotel in the Meadowlands, in a transaction arranged by Cronheim Mortgage.

Office
Bridgewater medical office building trades for $2.5 million, Marcus says

An investor has purchased a 16,000-square-foot medical office building in Bridgewater for nearly $2.5 million, brokers with Marcus & Millichap announced Thursday.

Professional Services
CBRE adds Parrillo, LiVecchi and Barnes to greater Philadelphia brokerage team

CBRE has bolstered its team in the greater Philadelphia region with the addition of veteran brokers Ashley Parrillo, Anthony LiVecchi and Peter Barnes.

Residential & Mixed Use
Bayport Funding closes $5.2 million acquisition, construction loan for Fort Lee rental project

A private developer has closed on $5.2 million in financing in connection with a planned seven-unit apartment building in Fort Lee, its lender announced Thursday.

Residential & Mixed Use
LeFrak quickly hits 50 percent leased milestone at new 385-unit high-rise in Newport

Renters are snapping up apartments at LeFrak’s newest building in Jersey City, a 385-unit high-rise at the northern end of the famed Newport neighborhood.

Residential & Mixed Use
Developer breaks ground on 282-unit condo project in Weehawken’s Port Imperial section

Construction is underway on what will be 282 luxury condominiums in Weehawken, in a rare new addition to the iconic Port Imperial district along the Hudson River.

Government & Public Policy
Judge tosses lawsuit challenging Scotch Plains’ downtown redevelopment plan

A state Superior Court judge has dismissed a lawsuit by professional services firm PS&S that sought to void a redevelopment plan adopted by Scotch Plains, following the town’s decision in 2021 to change developers for a key piece of its downtown.

Industrial
Denville flex industrial building trades for $2.5 million, C&W says

The longtime owner of a roughly 14,000-square-foot flex industrial building in Denville has sold the property, in a newly announced deal by Cushman & Wakefield.

Office
Sanzari signs 5,300 sq. ft. renewal in Teaneck with Maschler family office

A family office has signed a nearly 5,300-square-foot lease renewal at Alfred Sanzari Enterprises’ Glenpointe campus in Teaneck, the landlord announced Wednesday.

Residential & Mixed Use
Reynolds, Slabotsky family office acquire Louisiana apartment complex

Reynolds Asset Management has made another acquisition outside New Jersey, adding a 185-unit apartment complex in Shreveport, Louisiana, in a recent $9.5 million deal.