Health Care & Education

The health care and education sectors are undergoing dramatic changes. So are their real estate needs.

Finance & Capital Markets
JLL: East Brunswick senior living facility taking shape with $35 million construction loan

The developers of a new 100-bed assisted living and memory care facility in East Brunswick have closed on more than $35 million in construction financing, in a deal arranged by JLL.

Education
NJIT’s Profeta Real Estate Center launching June 23, seeking to reshape real estate education

The Profeta Real Estate Technology, Design and Innovation Center will officially launch next week at New Jersey Institute of Technology, marking the start of what’s meant to be a pioneering cross-disciplinary program to produce the industry’s most well-rounded graduates.

Deals
Dental restoration lab inks 10-year lease for 22,000 sq. ft. Piscataway facility, Deluccia says

A dental laboratory has secured a new facility after taking 22,000 square feet of commercial space in Piscataway, according to brokers with Deluccia Commercial Group.

Community
Walters presents annual scholarships to four Ocean County high school seniors

Walters has awarded a combined $8,000 in scholarships to four graduating seniors from Ocean County, continuing a long-running program by the Barnegat-based developer.

Education
Denholtz receives 2026 Leadership Excellence Award from Monmouth’s Kislak Institute’s

Monmouth University has recognized another one of New Jersey’s esteemed developers, honoring Denholtz Chairman Steven Denholtz last week during the Kislak Real Estate Institute’s 30th Annual Leadership Excellence Awards Dinner.

Professional Services
DIG Architecture marks 20-year milestone, unveils rebrand with ‘groundbreaking’ vision

The practice long known as DIGroup Architecture is marking its 20th anniversary with a new brand identity, one that reflects the evolution of its client base and geographic presence.

Finance & Capital Markets
JLL: Owner of 48,000 sq. ft. New Providence medical office building refis with life company

MEARJ Properties has closed on a deal to refinance more than 48,000 square feet of medical office space in New Providence, brokers with JLL announced Monday.

Health Care
Health care provider adds 8,000 sq. ft. Cherry Hill property, WCRE says

A nationally known health care organization has acquired an 8,000-square-foot property in Cherry Hill, in a newly announced deal by Wolf Commercial Real Estate.

Cover Story
Making the pitch: Inside the push to build new Red Bulls training center in Morris Township — and transform a stranded office campus

How do you turn a former office campus into an 80-acre Major League Soccer athletic training center with eight pitches, a gym and a hydrotherapy pool? With years of planning and input from the neighbors.

Office
NVE launches next phase of upgrades, amenities as 600,000 sq. ft. ‘Arena’ campus takes shape in East Hanover

A new office and innovation campus is taking shape in East Hanover, with sweeping exterior upgrades now complete and additional updates underway as New Vernon Equities breathes new life into a piece of a legacy pharmaceutical campus.