Health Care & Education

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

Finance & Capital Markets
Ex-NFL receiver, Amboy Bank ink $51 million loan for Bordentown development

Amboy Bank has closed on some $51 million in financing to help a former NFL player develop more than 400,000 square feet of retail and medical office space in Bordentown.

Residential & Mixed Use
Woodmont launches senior housing division, taps industry veteran

Woodmont Properties has hired a veteran industry executive to lead its newly formed senior housing division, touting an opportunity in the niche residential sector.

Government & Public Policy
Medical device startup moving to Kearny Point with first EDA rent support grant

A medical device maker has relocated to a creative flex office space at the Kearny Point property in Kearny, making it the first company to benefit from a new state program that subsidizes rent payments for startups at certain collaborative workspaces.

Health Care & Education
Atlantic City plans ‘eds and meds’ expansion with $38 million medical arts complex

A regional health care network is planning a $38 million, 65,000-square-foot medical arts complex in Atlantic City, in one of the latest new developments in the iconic resort town.

Office
Hackensack medical office building inks new leases with eye care, dental practices

A newly updated medical office building in Hackensack is nearly full after recent transactions with an eye care chain and a growing dental practice.

Residential & Mixed Use
Hollister, RBH mark topping out for new Rutgers building in Newark

A new residential and academic building for nearly 400 Rutgers University students in Newark is on track to open this summer after topping out earlier this month.

Office
Prism offers new details for lab, hotel projects at ON3 (RENDERINGS)

A pipeline of new ground-up construction projects is taking shape at Prism Capital Partners’ ON3 campus in Nutley and Clifton, including some 400,000 square feet of laboratory space, a new medical office building and a dual-branded 255-room hotel.

Health Care & Education
CHA acquires Salem hospital, plans $30 million upgrade

Community Healthcare Associates has acquired a hospital in Salem County, with plans to invest more than $30 million to reposition, modernize and expand the acute care facility.

Health Care & Education
Goldstein Group inks 8,000 sq. ft. lease with dialysis chain in Gloucester

A dialysis chain has renewed its lease for nearly 8,000 square feet in Gloucester County, under a newly announced transaction by The Goldstein Group.

Residential & Mixed Use
Developers eye fall opening for 144-unit project at NJCU site in Jersey City

A joint venture is marching toward a fall opening for 144 new apartments on the west side of Jersey City, the latest piece of a plan to reshape the campus of New Jersey City University.