Government & Public Policy

From zoning disputes to the federal tax code, public policy affects the commercial real estate sector far more than you may realize. For industry leaders, government and politics demand constant attention.

HMFA awards $28 million in tax credits, supporting 1,400 affordable housing units

By Joshua Burd The state has awarded its latest round of funding under the federal Low Income Housing Tax Credit program, allowing developers to generate an estimated $270 million in private equity in support of more than 1,400 new affordable…

Residential & Mixed Use

Jonathan Rose lands $92 million for Newark affordable housing rehab

Jonathan Rose Cos. has secured more than $90 million in financing and equity to rehabilitate and enhance a 429-unit affordable housing complex in Newark.

Government & Public Policy

State unveils online navigator, mapping tool for New Jersey Opportunity Zones

State officials have launched a new website and interactive mapping tool aimed at helping local governments, investors and other stakeholders navigate the 169 census tracts in New Jersey that have been designated under the federal Opportunity Zone program.

Residential & Mixed Use

North Jersey multifamily investors launch JV focused on Opportunity Zones

Two New Jersey real estate firms have joined forces with a focus on the new federal Opportunity Zone program, having already teed up more than $85 million in multifamily investments.

Office

Atlantic City milestone: New HQ tower marks completion of Gateway project

South Jersey Industries has opened the doors to its new 72,000-square-foot headquarters in Atlantic City, joining Stockton University’s new campus as part of a high-profile, $210 million project to diversify the city’s economy beyond gaming.

Industrial

WRE: Brooklyn publisher set to buy Rahway building, expand into New Jersey

A large Brooklyn-based publishing company is expanding into New Jersey with the planned acquisition of a 256,000-square-foot building in Rahway, thanks in large part to a 10-year, $8.25 million tax credit package from the state Economic Development Authority.