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.

Simoncini to step down as Meadowlands YMCA board chair after 11 years

The Meadowlands YMCA will have a new slate of volunteer leaders after Ron Simoncini, a public relations executive with strong ties to the state’s commercial real estate sector, prepares to step down as board chairman after more than a decade in the role.

Editor’s Note

A proud moment as NJIT’s Newark Startup Studio graduates 45 minority entrepreneurs

I hope you’ll indulge me this morning as I highlight a proud moment for all of us at Real Estate NJ. It came at this week’s Newark Summit, where New Jersey Institute of Technology President Teik Lim addressed the hundreds that were assembled in downtown Newark.

Finance & Capital Markets

JLL: Spitzer, Titanium ink $19 million refi for new 83-unit Journal Square rental project

An investment group has snagged nearly $19 million to refinance a newly built, 83-unit apartment building in Jersey City, according to a debt placement team with JLL.

Residential & Mixed Use

CIS lands $9 million in HMFA funding for affordable senior housing project in Moorestown

Community Investment Strategies Inc. has secured nearly $9 million in state funding for a new 82-unit, age-restricted affordable housing development in Moorestown.

Retail

REDCOM starts construction on new Honda dealership on Route 3 in Clifton

REDCOM Design & Construction has started its work on a project that will help a Honda dealership expand its footprint while consolidating its teams in Clifton.

Office

Signature Acquisitions adds three tenants in Cranford as part of Q3 leasing activity

Signature Acquisitions has inked three new leases at a Cranford office building, helping to fuel nearly 24,000 square feet of activity across its New Jersey portfolio in the third quarter.

Community

Legacy Real Estate Developers gifts $10,000 to Spring Lake Hope Foundation

Peter and Melissa Feldman of Legacy Real Estate Developers have donated $10,000 in support of the Spring Lake Hope Foundation and its mission of assisting families of children grappling with rare health conditions.

Office

As Newark’s office market grows, panelists see new strength in city’s long-held assets

Despite uncertainty about the broader office market, the local landscape in Newark is changing for the better, as corporations place a greater premium on culture, experiences and other assets that have long existed in the city alongside its connectivity and access to talent.

Residential & Mixed Use

BNE debuts luxury rentals in Chatham, providing a new gateway to Morris County borough

BNE Real Estate Group has opened the doors to its new upscale multifamily property in Chatham — one that’s a far cry from the boutique project it envisioned just a few years ago.

Finance & Capital Markets

Denholtz launches rescue capital fund amid real estate market uncertainty

Denholtz Properties has launched what it’s describing as a rescue capital fund aimed at helping commercial real estate operators who are grappling with the market’s financial challenges.