Joshua Burd
12959 Articles0 Comments

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.

The domino effect: Without rental assistance, who’s left holding the bag?

When COVID-19 hit the United States, most Americans never imagined the impact it would have on daily life. As the virus spread, states like New Jersey started to implement policies to promote social distancing and to help those impacted by the economic fallout of the crisis, including policies such as an eviction moratorium. While such a policy addresses one specific immediate-term problem, it does not address the systemic need for rent revenue that supports an entire multifamily ecosystem, which is a critical component of New Jersey’s economy and significantly supports the State and municipalities through taxes. Without rental assistance and an understanding that rent is still due, multifamily jobs will be lost, private-sector financial obligations may not be met, utilities will not be paid and municipalities might see shortfalls due to the inability to pay property taxes. That is why we need a rental assistance program immediately.

ULI NNJ taps industry leaders to help prepare commercial real estate’s next generation

More than two dozen aspiring commercial real estate leaders were on hand last month to hear directly from two of the state’s top industry practitioners, as part of a mentoring program by the Urban Land Institute of Northern New Jersey.

WCRE inks 3,400 sq. ft. office lease in Burlington Township

A health care user has leased 3,400 square feet at a Burlington Township business park, under a newly announced transaction by Wolf Commercial Real Estate.

NAIOP announces new date for CRE awards gala

NAIOP New Jersey has announced a new date for its iconic commercial real estate awards gala, as residents and businesses continue to weather the impact of the COVID-19 pandemic.

JLL sources $17.5 million loan for mixed-use Red Bank project

Denholtz Properties has secured more than $17 million in financing to develop 57 luxury apartments and retail space in Red Bank, brokers with JLL announced Thursday.

KRE Group launches platform with virtual education, entertainment for social distancing

Kushner Real Estate Group has unveiled a new virtual platform to provide a calendar of online social, fitness, entertainment and educational options to help the public practice social distancing during the COVID-19 crisis.

Prism uncovers critical safety gear at ex-Roche campus, donates to Hackensack UMC

Prism Capital Partners is doing its part to help the health care community in the fight against COVID-19, having donated a trove of critical safety gear found at its flagship ON3 campus.

NAI Hanson: Hospital system, dentist ink leases at Clifton office building

A local hospital system has extended its nearly 22,000-square-foot lease at a Clifton office building, in one of two newly announced deals by NAI James E. Hanson.

Jersey City warehouses sell for $24 million, slated for film studio space

A buyer has paid nearly $24 million for two Jersey City warehouses, brokerage firm Grid Real Estate said, noting that the company now plans to use the buildings for film studio space.

SIOR NJ showcases largest 2019 deals at recent awards ceremony

The Society of Industrial and Office Realtors’ New Jersey chapter hosted its annual largest deal awards on Feb. 27, highlighting some of the Garden State’s top transactions of 2019.