The Most Comprehensive Source for Commercial Real Estate News in the Region 

For 77-unit, multifamily in Newark, NJ Newark, NJ — Drew Capital, a commercial mortgage brokerage based in Jackson, NJ, has secured $16.25 million in construction financing toward the development of Central Pointe, a 77-unit multifamily property in the University Heights neighborhood of Newark. The loan was arranged by Akiva Drew, founder of Drew Capital. The six-story structure will be located at 380 Central Ave. between First St. and Morris Ave. It will stand in close proxi

Totaling three buildings in Elmwood Park ELMWOOD PARK, NJ — The STRO Cos. and The KRE Group have expanded their industrial footprint through the acquisition of 5 and 30 Paul Kohner Place in Elmwood Park, a three-building portfolio totaling 120,000 s/f on 7.4 acres at the intersection of I-80 and the Garden State Parkway in hyper-infill Bergen County, New Jersey. The partnership plans to complete its STRO “GRADE” capital improvement plan, repositioning 30 Paul Kohner Place int

Kimmerle-led approvals clear path for 28,000 s/f addition Shown from left: Richard Jecmen, senior associate – Angelo Baute, Project Manager – George Kimmerle, founding partner (all with Kimmerle Group); Juan Castaneda, managing director (Polyfil USA); NJ Senator Anthony Bucco; Jonathan Sackett (Rockaway Twp. Council V.P.); and Michael Walsh (CEO of Corporate Contracting). Rockaway Twp., NJ — Polyfil USA, has broken ground on a $12 million expansion and renovation (of a 1960s-

Livingston, NJ — Azarian Realty Co. announced its newest signed lease with City to Suburb Interiors at The Livingston Town Center in Livingston. The Livingston Town Center is a two-story shopping center with 30 tenant spaces ranging from 600-5,000 s/f. City to Suburb Interiors will be taking over a 3,244 s/f space on the second floor. City to Suburb Interiors is a full-service interior design firm based in Livingston, whose main goal is to make high-end furniture and design m

Norfolk, VA — Lawson announced the promotion of Katherine Bradshaw, CPA, to controller ahead of the planned retirement of Annette Gavrish, CPA, from the role she’s held since 2014. Bradshaw joined Lawson in September 2023 as assistant controller and has extensive experience in financial reporting, accounting operations, budgeting, forecasting, and compliance. Prior to joining Lawson, she held accounting and financial reporting leadership roles with organizations including Arm

ROSELAND, NJ — RHO Residential LLC has been selected by the new ownership group of the former Veris Residential portfolio to manage 15 multifamily properties totaling 6,000+ apartments across the Northeast, marking a significant expansion of its third-party management platform. The assignment nearly doubles RHO Residential’s unit count to just under 12,000 apartments across 40 communities and 182,000+ s/f of retail, further strengthening its position among the region’s larges

Irvington, NY — Jeremiah A. Houlihan & James K. Coleman of Houlihan-Parnes Properties have arranged the sale of three-story brick apartment building located at 111 North Broadway in Irvington. Formally a stately mansion, there is a gross floor area of 11,000 s/f containing eighteen apartments, storage areas, & utility meters. There is more than ample parking on-site for over 25 vehicles. The property was sold by a Westchester-based investment group for a price of $3,650,000.0