Finance & Capital Markets
CBRE: Developer lands $31 million permanent loan for 115-unit Montgomery rental project

The developer of a new 115-unit luxury rental community in Somerset County has closed on $31 million in permanent financing, according to brokers with CBRE.

Office
CPN: Longtime tenant buys 1,500 sq. ft. office building in Skillman

A tenant at a 1,500-square-foot commercial building in Somerset County has purchased the property for $320,000, in a deal arranged by Commercial Property Network Inc.

Government & Public Policy
Construction underway at DMR-designed municipal, library complex in Montgomery

DMR Architects is touting the start of construction at a new 62,500-square-foot municipal and library building in Montgomery Township.

Residential & Mixed Use
PIRHL, HMFA kick off 86-unit affordable housing project in Somerset County

A development team has broken ground on a residential project that will bring 86 affordable apartments to families in Somerset County.