Professional Services

It might be the developers and investors who dream big, but they rely on thousands of service professionals every day to bring their plans to fruition.

Turn market challenges into real estate wins

It’s no secret — this isn’t the market we had a few years ago. Interest rates are high, lending is tight and underwriting standards have become tougher across the board. In the Mid-Atlantic, particularly in New Jersey and Philadelphia, buyers are feeling the pressure.

Deals that used to move quickly now require sharper pencils, stronger balance sheets and a longer-term view. But here’s the thing: This kind of market creates real opportunity — for the right kind of investor.

VHB acquires Manasquan-based Hammer Land Engineering to strengthen Northeast team

Professional services firm VHB has expanded its reach in New Jersey with the acquisition of Manasquan-based Hammer Land Engineering, the firms announced this week.

LMC hires Oliver, seasoned real estate accounting executive, as CFO

Levin Management Corp. has appointed Jeanette Oliver as chief financial officer, adding another highly accomplished and experienced professional to its executive team.

Sanzari signs 2,600 sq. ft. renewal, expansion in Hackensack with criminal defense firm

A criminal defense law firm has signed a lease expansion at Alfred Sanzari Enterprises’ Court Plaza office complex in downtown Hackensack, the landlord announced Tuesday.

Mele, Ward help to bolster T&M Associates land development team

T&M Associates has strengthened its land development team in recent months with the addition of industry veterans Joseph Mele and Ryan Ward.

Longtime health care broker Marks launches advisory firm focused on medical space

Veteran broker Jonathan Marks has launched a new advisory firm focused on health care real estate, seeking to build on years of experience in the growing asset class.

Cresa’s Juliano named managing principal in Northeast, in expanded role with tenant brokerage

Cresa has tapped Tony Juliano as its managing principal for the Northeast region, bolstering the team overseeing its New Jersey and New York City offices.

Greenbaum elects Koonz as fourth managing partner in firm’s 111-year history

Greenbaum, Rowe, Smith & Davis LLP, the storied New Jersey law firm, has named environmental and energy attorney Barbara J. Koonz as its new managing partner.

NAIDB’s Gerace promoted to vice president

NAI DiLeo-Bram & Co. has promoted broker Kyle Gerace to vice president, touting his role in several major industrial deals and in strengthening the firm’s standing in the market.

Greenbaum Rowe mourns loss of Wendell A. Smith, name partner and distinguished real estate attorney of five decades

Greenbaum, Rowe, Smith & Davis LLP has announced the passing of Wendell A. Smith, a prominent, well-respected real estate lawyer and name partner who practiced in the state for more than 50 years.