J&L lands $94 million construction loan for long-awaited, 403-unit project in Newark

The developer of a 12-story, 403-unit apartment complex in Newark’s Ironbound section has secured $94 million in financing, in a newly announced transaction by Greystone.

KRE, Silverman Group secure $44 million loan for Lehigh Valley rental project

A team of New Jersey developers has secured more than $44 million in financing for a project to build 273 new garden apartments in Pennsylvania’s Lehigh Valley.

Developers break ground on office, retail project to transform piece of downtown Morristown

SJP Properties and Scotto Properties have broken ground on the first of two office and retail buildings in Morristown, the future home of Deloitte LLP, in a project that will transform another piece of the town’s bustling central business district.

Eatontown industrial building fetches $4.25 million, Gramercy Real Estate says

A Brooklyn-based investor has acquired a nearly 44,000-square-foot industrial building in Monmouth County, in a newly announced transaction by Gramercy Real Estate LLC.

Marcus inks $1.43 million sale of Mount Olive bank property

An investor has acquired a 3,250-square foot retail property in Mount Olive, in a newly completed transaction by Marcus & Millichap.

South Jersey shopping center owner refinances for $22 million, Progress says

The owner of a 176,000-square-foot shopping center in Camden County has refinanced the property for more than $22 million, under a new transaction by Progress Capital.

Valley National to acquire Oritani for $740 million

Valley National Bancorp has moved to expand its foothold in Bergen and Hudson counties, agreeing to acquire Oritani Financial Corp. for an estimated $740 million.

HFF brokers $9.9 million loan for Montvale office deal

The buyer of a nearly 94,000-square-foot office building in Montvale has secured $9.94 million in acquisition financing, under a transaction arranged by brokers with HFF.

Valley National Bank names new head of CRE lending

By Joshua Burd Valley National Bank has tapped one of its longtime lenders and managers as the new head of its commercial real estate department. The Wayne-based bank said this week that it has appointed Christopher J. Coiley to the…

Developer, local officials open new Livingston rental community

Squiretown Properties formally unveiled its new rental community in Livingston. With two buildings completed, the developer has introduced 94 of the planned 220 units at what’s known as ParkVue at Livingston, as construction continues for the remaining phases.