Residential & Mixed Use
Hyperion, Benenson JV buys 314-unit Cliffside Park rental property for $165 million
A newly formed joint venture has made its first deal, acquiring a 314-unit luxury apartment property in Cliffside Park as part of a $165 million transaction announced Monday.
High stakes for CRE
Advocacy is central to a four-year strategic plan that NAIOP New Jersey unveiled at the start of 2025, as are other key goals such as creating new value for NAIOP members and improving the perception that public officials, residents and other outside stakeholders have of the commercial real estate sector. The blueprint also calls for elevating the chapter’s position in the industry, enhancing partnerships with academia and expanding its community service programs.
Former ASCO headquarters site in Florham Park sold, slated to become senior housing
The site of a vacant office building in Florham Park is now slated for redevelopment, with plans calling for new senior housing after a sale arranged by Cushman & Wakefield and RePropCo.
Cure Breast Cancer Foundation, nonprofit with CRE ties, taps Perkins as executive director
Laela Perkins has stepped into the role of executive director of the Cure Breast Cancer Foundation, a nonprofit with connections to New Jersey’s commercial real estate industry.
Leasing at Asbury Park’s SURFHOUSE starts strong as building welcomes first residents
Renters have arrived at a new luxury apartment property in Asbury Park after the launch of leasing by Starfield Cos., the developer that has revitalized large swaths of the city’s waterfront.
