Progress Capital has arranged $16 million in financing for a client to acquire a 219-bed, multisite student housing portfolio near Pennsylvania’s Lehigh University.
Health Care & Education
The health care and education sectors are undergoing dramatic changes. So are their real estate needs.
NAI Hanson inks 8,000 sq. ft. medical office sale in New Providence
An optometry practice has acquired an 8,064-square-foot medical office building in New Providence, in a newly announced transaction by NAI James E. Hanson.
Rehab chain extends 5,500 sq. ft. lease in Clifton, NAI Hanson says
A physical rehabilitation chain has extended its lease for more than 5,500 square feet at a medical office building in Clifton, brokers with NAI James E. Hanson said Tuesday.
CBRE: Investor acquires Paramus medical office building for $20 million
A private investor has acquired a 75,000-square-foot medical office building in Paramus for $20 million, brokers with CBRE said Thursday.
Biopharma firm takes 185,000 sq. ft. at sprawling Bristol-Myers site in Hopewell
A biopharmaceutical firm has inked a lease for 185,000 square feet at the former Bristol-Myers Squibb Co. campus in Hopewell, helping to backfill part of the 1.14 million-square-foot complex.
Weiss Properties plans Marriott hotel and mixed-use development in Florence
Weiss Properties will develop 240 apartments, a 104-room Marriott Town Place Suites hotel and restaurant space at the intersection of Route 130 and Cedar Lane in Florence Township, the New Brunswick-based firm announced.
Atkins, Woodmont ink first retail tenants at mixed-use Washington Twp. project
Atkins Cos. and Woodmont Properties have signed three leases at a new 10,000-square-foot standalone retail building at their Washington Square Town Center project.
Developers land $26.5 million in equity for Montvale senior living project
A private equity fund is providing more than $25 million in capital for a new 203-unit senior living facility in Montvale, brokers with Cushman & Wakefield announced this week.
C&W inks $57 million refi for Hamilton senior living complex
The owners of a 195-unit senior living facility in Hamilton have refinanced the property for more than $57 million, under a newly announced transaction by Cushman & Wakefield.
Kimmerle touts design, expansion of Marlton assisted living facility
An operator of assisted living facilities is expanding a location in Burlington County as part of a newly announced project that is being designed and managed by the Kimmerle Group.
