by Joshua Burd | Feb 18, 2021
By Joshua Burd JLL has announced two promotions within its New Jersey capital markets office. In a news release Wednesday, the firm said it has elevated both Steve Simonelli and Michael Oliver to the role of managing director. Both are members of its Morristown-based...
by Joshua Burd | Feb 18, 2021
Construction is ongoing at 136 Summit Ave. in Jersey City. — Courtesy: Progress Capital By Joshua Burd A developer has secured a $30 million construction loan to complete a 99-unit apartment building in Jersey City, in a newly announced transaction by Progress...
by Joshua Burd | Feb 18, 2021
Wharton Industrial recently acquired the Twinbridge Industrial Park and Veterans Industrial Park in Pennsauken as part of a joint venture with an investment fund affiliated with Walton Street Capital LLC — Courtesy: Colliers International By Joshua Burd A real estate...
by Joshua Burd | Feb 17, 2021
160 Littleton Road in Parsippany — Courtesy: Cushman & Wakefield By Joshua Burd The Silverman Group has sold a nearly 25,000-square-foot office building in Parsippany, brokers with Cushman & Wakefield announced Wednesday. The team said the buyer, Sirivarsha...
by Joshua Burd | Feb 17, 2021
A rendering of a 25-unit apartment project at 506 Central Ave. in Jersey City — Courtesy: Cronheim Mortgage By Joshua Burd A first-time multifamily builder has landed nearly $8 million in financing for a 25-unit project in The Heights section of Jersey City, under a...
by Joshua Burd | Feb 16, 2021
Imperial House Apartments at 750 North Broad St. in Elizabeth — Courtesy: Gebroe-Hammer Associates By Joshua Burd The longtime owner of a 109-unit apartment building in Elizabeth has sold the property for more than $21 million, in a newly announced transaction by...
