Creation, J.P. Morgan land $64 million construction loan for 121,000 sq. ft. Newark warehouse project

A joint venture is set to begin construction on more than 120,000 square feet of new industrial space in Newark after securing a $64 million construction loan for the project.

United Way reveals commercial, industrial award finalists for annual real estate luncheon

United Way of Northern New Jersey has unveiled the finalists for its commercial real estate awards next month, part of a program that will mark its 25th year of partnering with industry executives for the organization’s largest annual fundraiser.

Newark Fiber, Andrena partner to bring ultra-fast, low-cost internet to public housing residents

More than 1,600 Newark families living in public housing are getting affordable high-speed internet access as part of an outgrowth of the city’s celebrated Newark Fiber program.

Going greener: From rainwater recycling to composting, apartment builders see a new frontier in sustainability

For some apartment developers, LED lighting and electric vehicle chargers just won’t do when it comes to sustainability. A handful of new rental projects in New Jersey are making that clear with more cutting-edge, eco-conscious features such as oversized green spaces, rainwater recycling and even an on-site composting system.

Alban Construction promotes Shaw to senior project manager

Alban Construction LLC has elevated Tim Shaw to senior project manager, the Newark-based firm announced.

MSW adds Capasso, Forrest as construction law and litigation group co-chairs

Murphy Schiller & Wilkes LLP has named two new partners in key roles, adding Anthony D. Capasso and R. Brant Forrest as co-chairs of its construction law and litigation practice groups.

Murphy Schiller & Wilkes LLP

MSW was founded to provide effective, efficient and creative legal and advisory services to meet the distinctive needs of our clients. As a law firm focused solely on commercial real estate matters, our clients rely on the firm’s multidisciplinary approach in solving complex legal issues. Our attorneys have broad private- and public-sector experience, coming from top national law firms and high-level governmental positions. Through the development of individualized, client-focused strategies, our team works tirelessly to create a blueprint for success and advance our clients’ interests in every matter.

Genova Burns LLC

At Genova Burns LLC, our legal specialists are uniquely positioned to assist clients facing challenges with distressed assets. With deep expertise in commercial real estate, we provide strategic guidance for debt restructuring, negotiate with creditors and offer innovative financial solutions. Leveraging our proficiency in property valuation and portfolio assessment, we offer insightful analyses to maximize asset value. Trust us as your strategic legal partner in navigating the complexities of distressed commercial real estate assets.

Gibbons PC

Gibbons offers multidisciplinary services statewide, from Bergen to Atlantic Counties and all points between, addressing all aspects of real estate development deals. Our team provides a full complement of services to take our clients’ projects from concept to construction and beyond.

Boraie lands $90 million Aspire tax credit pledge for 333-unit Newark residential project

Boraie Development has secured a 10-year, $90 million tax credit award to build a 25-story, 333-unit luxury apartment tower along the Passaic River in downtown Newark.