Deals & Dealmakers
Mary J. Blige’s New Jersey mansion now $1M cheaper
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Singer Mary J. Blige has just reduced the asking price for her Saddle River, New Jersey estate by $1 million. Photo via Trulia The price chop is the second
Deals & Dealmakers
Gebroe-Hammer arranges sale of $12M East Orange multifamily portfolio
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In one of Northern New Jersey’s most rapidly transforming urban transit hubs, Gebroe-Hammer Associates has arranged the $12 million sale of a four-building
Deals & Dealmakers
Online shoppers driving New Jersey warehouse sector to new records
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Online shopping is driving demand for warehouse space in the northeast. According to Colliers International Mid-Year Industrial Logistics and Transportation
Deals & Dealmakers
Advance Realty, F. Greek build 190,000 s/f refrigerated warehouse
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The joint-venture partnership of Advance Realty and F. Greek Development has completed construction on a 190,000 s/f, refrigerated storage and distribution
Deals & Dealmakers
60 Guilders aims to add outer borough industrial to portfolio
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Real estate investment firm 60 Guilders is set to push into the outer boroughs industrial market as demand from the e-commerce sector surges.
Deals & Dealmakers
P3RE acquires stake in SJP Properties’ Somerset Corporate Center in NJ
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SJP Properties announced that P3RE has made an equity investment to become a partner in three of the five Class-A office buildings comprising Somerset
Deals & Dealmakers
Selling Points: Philly complex sells for $32M, NoMad hits market at $27M
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● GEBROE-HAMMER ASSOCIATES Philly multifamily complex sells for $32 million In the Metro Philadelphia apartment submarket, where the vacancy rate remains
Debt & Equity
Investors Bank increases portfolio with $309M in loans
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Investors Bank recently increased its multifamily housing and CRE loan portfolio by originating 14 large loan transactions valued at $309 million.
Construction & Design
Berger Organization plans major renovation at 33 Washington Street
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33 Washington Street, a 450,000 s/f office tower in downtown Newark, is in the planning stages for extensive renovations throughout all 19 floors and extending
Deals & Dealmakers
Capstone Realty lands $28M for office purchase in Woodcliff Lake, New Jersey
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Cushman & Wakefield served as the exclusive advisor to Capstone Realty Group in arranging $28.5 million of financing secured by 50 Tice Boulevard in
Debt & Equity
Greystar secures $52M financing to buy Rutgers student housing
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CBRE Capital Market’s Debt & Structured Finance team has arranged acquisition financing on behalf of Greystar/PIMCO for Rockoff Hall, a 674-bed, 186-unit
Deals & Dealmakers
Selling Points: DH Properties invests in Red Hook, Robert Towers sell in NJ
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● CPEX DH Properties makes industrial investment in Red Hook CPEX Real Estate’s Brooklyn Development & Conversion Team has arranged the ground lease