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.

Finance & Capital Markets
Morristown apartment owner inks $7.2 million loan for 37-unit property, G.S. Wilcox says

The owner of a four-building, 37-unit apartment property in downtown Morristown has secured $7.2 million in financing, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
Rental project at Morristown station advances with $40 million construction loan, CBRE says

A developer has landed a $40 million construction loan for a planned 89-unit luxury apartment building next to NJ Transit’s Morristown station, in a newly announced deal by CBRE.

Residential & Mixed Use
Newly approved ‘M Lofts’ to bring 150 rentals to Morristown as key development continues

Officials in Morristown have all but cleared the path for a development that would bring 150 new apartments to a long-underused site near the landmark M Station office campus.

Residential & Mixed Use
Newly approved ‘M Lofts’ to bring 150 rentals to Morristown as key development continues

Officials in Morristown have all but cleared the path for a development that would bring 150 new apartments to a long-underused site near the landmark M Station office campus.

Government & Public Policy
Morristown’s Mayo PAC poised for $65 million expansion, update with new state tax credit

The acclaimed Mayo Performing Arts Center in Morristown is set to begin a major expansion and renovation after securing a $65 million tax credit award under a new state program.

Current Issue
Owners Council Q&A: Mark Shearer

We are seeing more tours from brand name companies with great credit, but decision makers still aren’t ready to make a commitment. Liquidity is coming back into the market; Amazon is back in the market. Construction starts are down and the fundamentals are improving but there is still uncertainty in the market.

Finance & Capital Markets
Avison Young adds Schnürr, veteran capital markets broker, as principal in Morristown office

Avison Young has bolstered its capital markets group in New Jersey with the addition of Matthew Schnürr as a principal.

Finance & Capital Markets
Paragano, longtime acquisitions specialist, joins JLL debt and equity group in New Jersey

JLL has strengthened its Morristown-based capital markets team with the hiring of Nazario Paragano, a veteran of several well-known commercial real estate firms in New Jersey.

Office
HQ Plaza welcomes Morristown officials, business leaders with transformation now complete

The owners of the sprawling HQ Plaza complex in Morristown have unveiled its new-look concourse, having transformed the area that connects the property’s three office towers, a Hyatt Regency hotel and a growing mix of retailers and restaurants.