Featured
Developers of massive mixed-use project in East Orange land $134 million recap

The team behind The Crossings at Brick Church Station in East Orange has closed on nearly $134 million in new financing and capital for the project, where leasing is underway for 400 apartments and new retail space adjacent to NJ Transit rail service.

Residential & Mixed Use
JLL lists 132-unit Fort Lee rental property for sale, touting ‘embedded upside potential’

The owner of a 132-unit luxury apartment building in Fort Lee is seeking a buyer for the property, in a newly announced listing by JLL’s Morristown-based capital markets group.

Finance & Capital Markets
Tulfra, Hampshire land construction loan for mixed-use North Haledon project, JLL says

A development that will bring new self-storage, upscale apartments and retail space to North Haledon is set to begin with the help of a construction loan arranged by JLL.

Industrial
NFI, Penwood detail Exit 5 logistics project with joint venture, financing arranged by JLL

A joint venture has landed a $54 million construction loan to build more than 528,000 square feet of new industrial space in Burlington County, in a set of deals arranged by JLL.

Industrial
Advance closes construction loan, taps JLL to lease 110,000 sq. ft. Parsippany logistics project

Advance Realty Investors has unveiled plans to bring 110,000 square feet of new industrial space to Parsippany, part of a project that it’s now marketing alongside brokers with JLL.

Residential & Mixed Use
Equity Residential sells 301-unit Hoboken rental property as part of $400 million portfolio deal

Equity Residential has sold a 301-unit apartment building in Hoboken as part of a reported three-state, three-property portfolio sale with a Los Angeles-based buyer.

Finance & Capital Markets
Walters Group lands $20.5 million refi loan for Jersey Shore shopping center, JLL says

The Walters Group has refinanced a nearly 141,000-square-foot shopping center in Ocean County for $20.5 million, in a newly announced transaction by JLL.

Residential & Mixed Use
Developer seeking buyer for new 298-unit high-end rental property in Weehawken, JLL says

The owner of a new luxury apartment community in Weehawken’s acclaimed Port Imperial district has listed the property for sale, according to a brokerage team with JLL.

Industrial
Self-storage firm eyes new facility in North Bergen after buying vacant movie theater

A vacant movie theater in North Bergen is set to become a self-storage facility after the sale of the property by Madison International Realty, brokers with JLL announced Thursday.

Professional Services
JLL capital markets group promotes multifamily experts Didio Jr., Quinn and DeVesty

JLL has promoted Thomas Didio Jr., Gerard Quinn and Elizabeth DeVesty of its Morristown-based capital markets team, touting their role in the firm’s surging pipeline of multifamily deals.