Jumbo New Jersey portfolio nets $328M
A New Jersey owner has unloaded a portfolio of over 2,000 apartments across the Garden State for $327.9 million. Gebroe-Hammer Associates brokered the o.....»»
Fine Print: University City apartment portfolio sells for $23M; BJ"s building in South Jersey trades for $21.6M
A roundup of the latest real estate deals across the Philadelphia region......»»
Icona Resorts buys Windrift Hotel in Avalon, adding to Jersey Shore portfolio
Icona Resorts Founder Eustice Mita said he has been pursuing the property for four years......»»
SELLING POINTS: NJ industrial portfolio trades for $43M
â— CBRE NJ industrial portfolio trades for $43M An affiliate of Endurance Real Estate Group and PCCP has acquired Southern New Jersey Core Infill Portfolio, a seven building, 553,548 s/f wa.....»»
Longtime owner sells Hoboken portfolio for $189M
In one the largest single sales of mixed-use properties along on the New Jersey waterfront, Federal Realty has acquired 37 mixed-use buildings in Hoboken, New Jersey for $189.2 million. The 158,000 s/f portfolio includes and 123 apart.....»»
New York rent laws driving multifamily interest to Jersey
Arbor Realty Trust, a multifamily and commercial mortgage lender, recently funded a portfolio of Freddie Mac SBL.....»»
Cherry Hill office portfolio sells to growing South Jersey real estate firm for $33M
A Moorestown real investment firm has acquired three Cherry Hill office buildings for $33 million, adding to its growing portfolio across South Jersey. Strategic Funding Alternatives LLC bought the 217,986-square-foot Woodland Falls Corporate Ce.....»»
Blackstone flips industrial portfolio to Nuveen for $3B
Blackstone has flipped a portion of the jumbo industrial portfolio it purchased from Colony Capital last month. Nuveen Real Estate announed it has purchased a $3 billion slice of the US portfolio. Nuveen, one of the largest global r.....»»
Thirty industrial buildings sold in NJ
CBRE has announced the sale, via a joint venture structure, of a vast portfolio of properties comprised of 30 industrial buildings in New Jersey, totaling more than 1.3 million s/f. Colony Industrial .....»»
CBRE brokers $146M workforce housing sale
CBRE announced the $146 million sale of the Northern/Central New Jersey Workforce Housing Apartment Portfolio, a generational collection of seven multifamily .....»»
International group pays $146M for NJ apartment portfolio
CBRE announced the $146 million sale of the Northern/Central New Jersey Workforce Housing Apartment Portfolio – a generational collection of seven multifamily high-ri.....»»
Mack-Cali gets in on the birth of a new neighborhood
Mack-Cali is plowing the profits from its $500 million Westchester industrial portfolio sale into luxury apartments in one of Jersey City’s newest neighborhoods. The company will pay $263.5 million for S.....»»
TRANSACTIONS: CV Capital Funding refinances mixed-used portfolio
Arbor Realty Trust funded a Freddie Mac SBL deal in Newark, New Jersey. 21-25 Willoughby Street, an 18-unit multifamily property, received $1.5 million in funding thr.....»»
Ivy bags $41M from hungry lenders
Cushman & Wakefield arranged $41 million in acquisition financing for Ivy Realty in their purchase of a 768,244 s/f industrial portfolio in Warren and Somerset, New Jersey. The fin.....»»
Charles Kushner cuts back in Brooklyn as son works in Washington
In the past decade, Kushner Cos. vigorously expanded beyond its native New Jersey into New York City, taking on a portfolio of development projects in booming Brooklyn. Now, it’s scaling back... To view the full story, click the title link......»»
South Jersey Industries announces sale of solar portfolio for approx. $350M
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
South Jersey Industries sells solar portfolio for $350M, closes $1.7B gas acquisition
The acquisition of two gas utilities, including one in New Jersey, makes South Jersey Industries the second largest provider of natural gas in its home state......»»
A rare tour of Boeing"s gigantic jet factory
The aircraft maker gave CNNMoney a rare tour of site where a portfolio of wide-body planes, from the 747 "Jumbo Jet" to the 787 Dreamliner, take shape......»»
MRC lends Jersey developer $258M to build new homes
Madison Realty Capital (MRC) closed a $258 million loan facility for an 1161-unit multifamily development portfolio owned by Jack Klugmann’s Accurate Builders and Developers of New Jersey. The portfolio .....»»
New Jersey Resources sells remaining 117 megawatt wind portfolio for $208.5M
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Pebblebrook sells Liaison Capitol Hill hotel for $111 million
Pebblebrook Hotel Trust has sold The Liaison Capitol Hill hotel for $111 million. New York-based REIT Bldg Management Co. Inc. purchased the 343-room hotel at 415 New Jersey Ave. NW last Thursday. The Liaison became part of Pebblebrook's portfolio.....»»