LEG buys 170-unit Long Branch rental property with $122 million equity, debt deal

Lincoln Equities Group has acquired a new 170-unit luxury multifamily property in Long Branch with the help of $121.5 million in equity and financing secured by Walker & Dunlop and as part of an investment sale arranged by Cushman & Wakefield.

Panepinto tops out 605-unit high-rise in Journal Square, eyeing spring 2026 debut

Panepinto Properties has reached a key construction milestone for a new 605-unit luxury apartment tower in Journal Square, the revitalized commercial district in Jersey City.

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As you’ll read in this month’s cover story, Wiss’ physical expansion in recent years has largely coincided with the trajectory of its business. The firm has more than doubled its footprint from its former longtime home in Livingston, now occupying 70,000 square feet in Florham Park for a team of about 325. That’s an increase of more than 60 percent since late 2019, much of it stemming from the service lines that have become additive to its clients, which include many of New Jersey’s best-known developers and property owners.

Pierson secures listings for retail properties in Old Bridge, Montgomery

Pierson Commercial has picked up two new leasing assignments in central New Jersey, including a mixed-use project in Middlesex County and a Princeton-area shopping center.

Morristown remains front and center as companies vie for talent by transforming their real estate

Morristown has become a focal point as blue-chip companies make major real estate investments to help fortify and energize their workforces, which was on full display and is poised to continue with the recent opening of Sanofi’s new $130 million, 260,000-square-foot office building.

Diversified expands property management unit to serve third-party owners

Diversified Properties LLC has launched a third-party property management division, seeking to leverage its in-house team and experience for clients across a range of asset classes.

Inspiring innovation: Sanofi unveils vibrant new flagship office at Morristown’s M Station

Sanofi welcomed Gov. Phil Murphy and other public officials on Thursday to showcase its new 260,000-square-foot flagship office at Morristown’s M Station campus, the result of a $130 million investment to help the global health care company attract and retain talent.

Remembering Joe Nicholson, ‘tireless’ and passionate leader of Montclair State real estate program

The state’s commercial real estate community is grieving the loss of Joseph Nicholson, a popular Montclair State University professor who became a familiar face in the industry as he built the school’s real estate program over more than a decade.

Sena, Cortell launch $124 million rehab of 304-unit Trenton affordable housing property

A joint venture has kicked off a sweeping $124 million project to modernize and preserve a two-building, 304-unit affordable housing property in downtown Trenton.

ECA plans industrial, sports facility in Plainfield after property sale by Blau & Berg

The site of a long-vacant building in Plainfield will soon be revitalized as more than 120,000 square feet of new warehouse, flex industrial and sports and recreation space.