New Jersey office tax assessments impacted by declining market and declining ratios
By Thomas M. Olson, Esq. & Matthew J. Erickson, Esq., McKirdy, Riskin, Olson & DellaPelle, P.C. New Jersey continues to lead the nation as the State with the highest average property taxes. This is especially true for many of New Jersey’s office properties. The effects of the pandemic, together with the current strong residential market, still linger in the area’s soft and uneven office rental market. This is especially true for what used to be some of New Jersey’s property t
MAREJ
3 hours ago


Why property management will define the next era of New Jersey Real Estate
By Nicholas Minoia, Diversified Properties As we enter 2026, one reality is becoming increasingly clear across New Jersey’s real estate landscape: property management is no longer a back-office function. It is a strategic driver of asset performance, tenant satisfaction and long-term value. Property owners throughout the state are navigating a convergence of challenges. Rising operating costs, aging infrastructure, evolving tenant expectations, regulatory scrutiny, and tighte
MAREJ
7 hours ago


Reliable Forecast: You must be present to win
By Robert Holland, The Kislak Company, Inc. In today’s world, there are incredible demands on our time and attention. Amazing advances in technology and communications can help us multitask and work from almost anywhere, while processing and producing enormous amounts of information. They can also create distractions and distance, weakening relationships and diverting us from our goals. Early on, Kislak recognized that long-term success requires us to focus, follow through an
MAREJ
24 hours ago


Horvath & Tremblay sells 3 Mid-Atlantic retail properties
Total $13,367,257 in Maryland, Virginia & North Carolina Mid-Atlantic — Kyle Danielson and Austin Smith of Horvath & Tremblay have completed the sale of Royal Farms in Laurel, MD. Horvath & Tremblay represented the seller and sourced the buyer to complete the transaction at a sale price of $4,867,257. Royal Farms is located at 6901 Van Dusen Rd. in Laurel. The gas station and convenience store was constructed in 2019 and has 13+ years remaining on its Absolute NNN ground leas
MAREJ
1 day ago


An integrated approach to engineering building infrastructure systems
By Wayne B. Howell, P.E., C.E.M., MG Engineering WG Engineering’s method of project design is a complete delivery of coordinated, comprehensive design documents to our clients beyond that provided by typical engineering firms. Our firm not only provides design capabilities for building mechanical, electrical, plumbing, and fire protection systems, but we also offer our clients the expertise of our in-house teams delivering energy modeling, commissioning, and LEED project mana
MAREJ
1 day ago


2026 Outlook: What’s ahead for equity, debt & structured finance
By Brian Anderson, Cushman & Wakefield As we move into 2026, the tone across commercial real estate capital markets feels materially different from the uncertainty that has defined the last two years. Liquidity is improving, pricing is stabilizing, and both lenders and investors are returning to the table with a renewed sense of conviction. At Cushman & Wakefield, our pipeline, deal flow, and client conversations all point to a year characterized by opportunity, particularly
MAREJ
2 days ago


Hudson Atlantic announces $9.35M record-breaking sale of 50 units at 22-30 S. Munn, East Orange, NJ
$187,000 per unit sets record for vintage rent-controlled multifamily East Orange, NJ — Hudson Atlantic Realty Advisors announced the off-market sale of 22-30 S. Munn, a 50-unit, five-story apartment building in East Orange, New Jersey, for $9.35 million, equating to an unprecedented $187K per unit. This transaction establishes a new all-time high per-unit sale price in East Orange for a pre-war, rent-controlled multifamily asset, surpassing every prior comparable transaction
MAREJ
2 days ago


Kennedy Funding closes $2.5 Million land loan in St. Thomas, Nevis
Direct private lender provides cash-out refinancing on 63 acres on Jessups Estate ENGLEWOOD, NJ — A luxury Caribbean estate with over 60 acres of prime land in Nevis has become the latest addition to Kennedy Funding’s growing list of international loan closings. The Englewood, New Jersey-based direct private lender announced that it has closed a $2.5 million cash-out refinancing loan for Bush Lender LLC, secured by a multi-property portfolio on the island of Nevis, part of th
MAREJ
2 days ago










.png)
