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
Toronto developer details 500-unit, mixed-use project in Jersey City

A developer has taken the wraps off a project that would add 500 residential units and 50,000 square feet of retail and gallery space to Jersey City’s Journal Square neighborhood.

Professional Services
Hollister to build charter school, commercial high-rise in the Bronx

The developer of a mixed-use, 10-story building in the Bronx has tapped Hollister Construction Services as part of its design-build team.

Retail
Indoor virtual reality park seeking U.S. locations, Brunelli says

An operator of indoor virtual reality theme parks is looking to make its entrance to the U.S., hiring R.J. Brunelli & Co. LLC to find locations for the concept.

Finance & Capital Markets
Englewood Cliffs lender inks $1.35 million loan for Florida rental building

Kennedy Funding has closed a $1.35 million loan for the owner of a 12-unit apartment building about an hour north of Miami, the Englewood Cliffs-based lender announced.

Retail
Closeout retailer opens new store in Somerset County

A discount closeout retailer has expanded its footprint in New Jersey with a recently opened, 31,000-square-foot store in Somerset County, brokers with Jeffery Realty announced.

Hospitality & Tourism
Ocean Resort details new ownership, $70 million investment

An existing shareholder is leading the $70 million capital infusion into the Ocean Resort Casino in Atlantic City, paving the way for it to become the property’s new majority owner.

Residential & Mixed Use
Equity Residential expands in Jersey City, acquires 131-unit rental building

Equity Residential has acquired a 131-unit apartment community in Jersey City’s waterfront Paulus Hook neighborhood, brokers with Cushman & Wakefield said Monday.

Office
Paramount adds historic 12-story office tower in downtown Newark

Paramount Assets has added to its Newark holdings with the acquisition of a historic, 100,000-square-foot office tower across from Prudential Financial’s world headquarters.

Industrial
Tulfra inks $10.3 million loan for Rochelle Park self-storage project

Tulfra Real Estate is on track to begin its redevelopment of a former AT&T data center site in Rochelle Park after landing a $10.3 million construction loan for a new self-storage facility.

Finance & Capital Markets
Progress inks $21 million refi loan for Jersey City multifamily owner

The owner of 11 multifamily buildings in Jersey City has obtained a $21 million loan to refinance the portfolio, in a transaction arranged by Progress Capital.