Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

People

Wassel, Flanagan named principals with Saxum

Saxum Real Estate has named two new principals as the company continues to expand its team and its geographic footprint.

Government & Public Policy

EDA now taking applications for new Aspire gap financing program

The state’s Economic Development Authority is now accepting applications for Aspire, its new place-based gap financing program for commercial and residential projects.

Finance & Capital Markets

Kennedy Funding moves to new headquarters in Englewood

Kennedy Funding, the longtime direct private lender, has moved to a new and expanded headquarters in Bergen County as it prepares for additional growth.

Office

Fidelco, youth mentoring agency sign 4,000 sq. ft. lease at Newark office tower

A youth mentoring organization is moving to a well-known Newark office tower after inking a lease with The Fidelco Group, the owner of the historic building.

People

Kokes Properties adds construction manager to growing team

Kokes Properties has announced the hiring of a new construction manager to support its growing project pipeline.

Residential & Mixed Use

Larken accounting manager earns expanded role as Yardi systems admin

Larken Associates has announced a promotion on its residential accounting team as part of a plan to further implement a key technology platform.

Editor’s Note

Jumping in

Call me provincial, but I’m always fascinated these days when I hear that an established investor, developer or retailer that operates nationally is only now finding its way into the New Jersey market. With our labor pool, our consumer base and the all-important draw of being a discount from New York City, one can’t help but wonder what took them so long in the first place — especially in an expansion that goes back more than a decade.