People
CSG adds veteran municipal attorney, former Atlantic City business administrator

Jason Holt — Courtesy: Chiesa Shahinian & Giantomasi PC By Joshua Burd Chiesa Shahinian & Giantomasi PC has bolstered its team of real estate and property tax attorneys with the addition of a longtime municipal official in the state. Jason…

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ProudLiving helps families in need during holidays

ProudLiving Companies, a local real estate company with a mission of long-term neighborhood revitalization, recently partnered with five New Jersey municipalities to distribute Thanksgiving turkeys to families in need.

Residential & Mixed Use
Essex County rental properties trade for $26.4 million

More than 200 apartments have changed hands in Essex County for a combined $26.4 million, under a series of newly announced transactions by Marcus & Millichap.

Residential & Mixed Use
CBRE: Garden, high-rise apartment portfolio fetches $146 million

A longtime New Jersey apartment owner has reaped $146 million from the sale of seven properties in Essex, Monmouth and Mercer counties, brokers with CBRE said Tuesday.

Finance & Capital Markets
CBRE inks $57 million refinance for Essex, Hudson portfolio

The owner of a 13-property residential and mixed-use portfolio in Essex and Hudson counties has refinanced the properties for $57 million, brokers with CBRE announced Wednesday.

Finance & Capital Markets
Amboy Bank, B-360 ink $33 million construction loan for East Orange project

Amboy Bank has closed on a $33 million construction loan for the developer of an 18-story luxury residential building in East Orange, the latest partnership between the two entities.

Residential & Mixed Use
Investment firm has keyed on transit-centric, workforce housing in northern New Jersey

A real estate investment and management firm has quietly built a portfolio of transit-centric, workforce housing properties in northern New Jersey — with local holdings that have grown to some 40 properties with more than 2,000 apartments — and it sees a continued opportunity for expansion in the state and in the region.

Industrial
Team Resources inks 121,000 sq. ft. lease in Mahwah among Q4 deals

A maker of lab supplies has leased 121,000 square feet at a Mahwah industrial building, in one of several year-end deals announced by Team Resources Inc.

Residential & Mixed Use
East Orange developer details plans for 201-unit apartment tower

A developer is on track to break ground on a new 18-story luxury residential tower in East Orange after winning approval for a payment in lieu of taxes agreement.

Residential & Mixed Use
Marcus: Investors testing new markets amid competition for northern N.J. multifamily deals

Investor appetite for northern New Jersey’s multifamily sector showed few signs of slowing down in 2018, causing buyers to explore new frontiers in the market, move more aggressively and expand into other asset classes. That’s according to brokers with Marcus & Millichap, who say that out-of-market buyers from New York City and elsewhere have begun to pivot in recent months in order to find new deals.