Deals & Dealmakers
KRE secures $50M to build new Bayonne bedroom community
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KRE Group announced that it has closed on a $45 million, three-year construction loan, in addition to a $5.4 million pre-development loan, to build a new
Construction & Design
New Jersey office center in different class
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Magnico Contracting, the New Jersey-based construction services company led by Moshe Braude, is nearing completion of a major interior renovation of Ramsey Office Centre.
Deals & Dealmakers
NJ developer buys Newsday headquarters for $54M, plans logistics hub
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A New Jersey real estate company has purchased the Newsday’s Long Island headquarters for $54.5 million. Hartz Mountain bought the 48.3-acre site in Melville
Debt & Equity
BBG buys Jerome Haims appraisal firm
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Consolidation continues to reshape the commercial appraisal industry as BBG, a national advisory, has purchased Jerome Haims Realty, an independent New York firm.
Construction & Design
Norten over the moon with new NASA assignment
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TEN Arquitectos has designed a new research support building for a NASA field center. Built in 1942, the Glenn Research Center in Cleveland houses more
Deals & Dealmakers
Selling Points: JV sells LI office building, Kinsmen buys on Bowery
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● CBRE JV offloans Long Island office building for $69M CBRE announced that Jeffrey Dunne, Steven Bardsley and Travis Langer of CBRE’s Institutional Properties
Deals & Dealmakers
Report: Industrial market in NJ continues hot streak in Q2
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The New Jersey market continued to exhibit tremendous strength with leasing velocity of 5.9 million sq. ft., a 23.2 percent increase year-over-year according
Construction & Design
Selling Points: AMS has plans in Yonkers, Cushman sells apartments
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● AMS ACQUISITIONS Apartment building planned for Yonkers site AMS Acquisitions, a New York City-based real estate investment firm, has purchased a 50,000
Deals & Dealmakers
City puts a target on big spenders with new Speculation Watch List
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The city is putting speculative building investors on notice to tread carefully. A new Speculation Watch List issued by the Department of Housing Preservation
Deals & Dealmakers
Who’s News: Rockefeller hires Shearer as VP, Megalith lands Lobron
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Rockefeller Group announced that Mark Shearer has joined the company as Senior Vice President and Regional Development Officer for the New Jersey/Pennsylvania region.
Residential
William Raveis creates two new departments, launches call center to tracks leads
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William Raveis Real Estate has signaled its next move in employing cutting-edge technology to challenge online real estate ventures, such as Zillow, Trulia and Realtor.
Deals & Dealmakers
New Yorkers hit the streets in support of HQ2
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While Amazon has yet to comment on reports it is reconsidering Long Island City for its HQ2, politicians and industry groups have thrown their support