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

By Chandler Echols, Cost Recovery Solutions When commercial investment property is transferred through an estate, one of the most significant tax advantages available to heirs is the “basis step-up.” Understanding how this provision maximizes your immediate tax savings and how coupling it with an engineering-based cost segregation study can significantly improve your long-term financial performance is critical if you are inheriting income-producing real estate. What is a “Ba

Robert Filley, Haris Hanifi, Adrian Mendoza & Brian Hosey rep. seller, procure buyer MANASSAS, VA — Marcus & Millichap announced the sale of two adjacent industrial properties in Manassas for $42 million. Located within Northern Virginia’s data center corridor, the properties comprise 14 acres of industrial-zoned land with long-term data center redevelopment potential. The transaction included the sale of Goode Business Center, a two-building, 135,000 s/f industrial storage

The class A multifamily development is sponsored by GY Properties PHILADELPHIA, PA — Basis Investment Group, LLC (Basis), a national commercial real estate debt and equity investment platform founded by CEO Tammy Jones, has provided a $43 million bridge loan to refinance the existing construction loan supporting the lease-up of the Residences at Pier 40. The subject property is a newly constructed, 195-unit class A multifamily development sponsored by GY Properties on the Del

Hatboro, PA — G.S. Wilcox & Co. has completed $20 million in permanent financing for a 102-unit apartment project in Hatboro, PA. The financing, which featured a forward commitment at a highly attractive rate, was arranged by Gretchen Wilcox, president and founder, and Bridget Wilcox, partner, through a correspondent life insurance company of the firm. The newly built apartment community consists of studio, one-, and two-bedroom units and offers immediate access to the SEPT

For Imperial Tower, a 56-story mixed-use dev. in Jersey City, NJ JERSEY CITY, NJ — Integritas Capital and Kriss Capital announced they have provided $220 million in construction financing for Imperial Tower, a 56-story, 827,867s/f mixed-use development located at 2966 John F. Kennedy Blvd. in Jersey City’s Journal Square neighborhood. The financing supports one of the largest ground-up developments currently being advanced in the submarket and underscores the firm’s continued

By Maria Scenna, CFI Workspace Healthcare environments have always been shaped by necessity, but today they are being redefined by expectation. Patients expect more comfort. Care teams need more support. Systems demand more efficiency. And the spaces themselves? They’re expected to be more than a place where care happens. They must actively contribute to it. This evolution is not a series of trends, but a continuous shift toward something more human. It is never just about th

By Erica Davidson and Adam Tannenbaum, Lee & Associates NJ | WBE Healthcare delivery has consolidated over the past decade. Ownership of the underlying medical office real estate has not. In New Jersey, many outpatient medical properties are still controlled by physician ownership groups, local investors, and family offices even as the providers occupying them increasingly operate within large health systems, private equity-backed specialty platforms, and managed service orga