Leaders in New Jersey housing, redevelopment pay tribute to late Sen. Ron Rice

The death of former state Sen. Ronald Rice resonated throughout New Jersey this week, drawing tributes from groups including those involved in housing and urban redevelopment.

Developer of 203-unit Newark rental tower inks $50 million construction loan, FM Capital says

A developer has secured nearly $50 million in financing for a planned 203-unit apartment building in Newark’s University Heights section, in a deal arranged by FM Capital.

JLL: Buyer wanted for Three Gateway in Newark, amid ongoing overhaul of iconic complex

Three Gateway Center, one of four buildings in Newark’s revamped Gateway complex and the home of more than 500,000 square feet of office space, is on the market for sale.

Prologis eyes new 142,000 sq. ft. industrial development near Port Newark

Prologis Inc. is bringing more than 140,000 square feet of new industrial space to a site near Port Newark-Elizabeth, in one of several projects in its New Jersey development pipeline.

Accurate’s pipeline is surging, with an aggressive (but long-term) approach to development

Accurate has been prolific in building and lining up new multifamily development projects across New Jersey, having completed some 1,000 residential units since 2021 alone. It now has construction underway, approvals in place or sites under control to build another roughly 6,400 apartments and townhomes, including some 4,000 in Newark, with more to come.

Matrix adds new food option, touts 37,000 sq. ft. in leasing at Newark Legal Center

Matrix Development Group has announced a flurry of new leasing activity at the office tower known as the Newark Legal Center, where it’s also welcoming a new café operator.

NAI Hanson inks sale of parking lot, would-be development site in downtown Newark

A prospective developer has acquired a parking lot in Newark’s growing Lincoln Park neighborhood, in a recent deal by NAI James E. Hanson.

Ware Malcomb promotes Rodgers to director of public relations, communications

Design firm Ware Malcomb has elevated Maria Rodgers to director of public relations and communications, marking her second promotion since the start of last year.

Buyer wanted for Newark development site approved for 209 rentals, Veerman says

The owner of a Newark property with approvals for 209 new apartments is seeking a buyer for the parcel’s land interest, in a newly announced offering by Veerman Asset Management.

Steady hands: How Genova Burns is helping real estate clients navigate rising rates, market shifts

Genova Burns, home to one of the state’s most prominent real estate practices, is as busy and as integral to the industry as it was before the pandemic and before the Federal Reserve began to raise interest rates last year. Increasingly, though, the Newark-based firm is helping clients either play defense or guide them through this period of uncertainty.