People
Reynolds adds acquisitions, asset management directors alongside in-house general counsel

Reynolds Asset Management has expanded its leadership team in three key areas with the additions of Joe Raitt, Sam Magalnik and Matt Breuer.

Residential & Mixed Use
Reynolds closes on 432-unit apartment complex in Ohio, adding to Midwest portfolio

Reynolds Asset Management has made another acquisition in Ohio, adding a 432-unit apartment complex in Columbus that it now plans to renovate over the next year.

Finance & Capital Markets
Reynolds inks $30.5 million refi for 103-unit Orange rental project, in JLL-brokered deal

Reynolds Asset Management has closed on a $30.5 million loan to refinance a new 103-unit apartment building in Orange, the developer announced Tuesday.

People
Reynolds Asset Management taps Green as CFO to support growing portfolio

Real estate finance veteran Stuart Green has joined Reynolds Asset Management as its chief financial officer, bolstering the firm’s executive team as it eyes continued growth.

Office
Finding a balance: For Reynolds, right-sizing office space has been key to Lawrence Township redevelopment plan

The planned redevelopment of Princeton Pike Office Park in Lawrence Township will feature the mixed-use elements that are increasingly popular in New Jersey. But, departing from the trend, it will keep half its office space.

Three buildings at 3131 Princeton Pike, now known as CANVAS, will be demolished starting this fall or in early 2025, making way for 204 apartments and 17,000 square feet of restaurant and retail space. That will reduce the office space at the park by nearly 40 percent, to about 167,000 square feet, leaving three buildings that are now thriving and nearly fully leased after a recent makeover.

Residential & Mixed Use
Reynolds, Slabotsky family office acquire Louisiana apartment complex

Reynolds Asset Management has made another acquisition outside New Jersey, adding a 185-unit apartment complex in Shreveport, Louisiana, in a recent $9.5 million deal.

People
Reynolds taps Setton as senior vice president to bolster acquisitions, asset management team

Buddy Setton has joined Reynolds Asset Management as a senior vice president with a focus on supporting the firm’s acquisition and asset management platform.

Finance & Capital Markets
Reynolds refis Princeton Pike Office Park for $16 million, as redevelopment plan advances

A partnership led by Reynolds Asset Management has secured a $16 million loan to refinance the Princeton Pike Office Park in Lawrence Township, where it’s planning a major redevelopment that will bring new housing, retail space and other amenities to the site.

Residential & Mixed Use
Reynolds buys 360-unit rental portfolio in Texas, its latest out-of-state acquisition

Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.

Finance & Capital Markets
Reynolds secures $29 million bridge-to-perm loan for 103-unit Orange rental project

Reynolds Asset Management has landed a $28.5 million loan for its newly completed, 103-unit apartment building in Orange, in a deal arranged by JLL.