JLL Capital Markets facilitates loan for Camelot West at Townelake, in Sayreville, NJ
Sayreville, NJ — JLL Capital Markets has secured a $47.5 million refinancing for Camelot West at Townelake, a newly delivered 176-unit luxury multifamily community in Sayreville. JLL worked on behalf of the borrower, Kaplan Companies, in arranging the five-year, fixed-rate loan through a regional bank. Camelot West at Townelake, located at 5105 Brown Rd. in Sayreville’s Middlesex County, offers residents convenient access to public transportation and highway infrastructure wi
MAREJ
9 minutes ago


2026 Commercial Real Estate Outlook: New Jersey & Eastern Pennsylvania
By Jon Moore, Woodmont Properties The New Jersey–Eastern Pennsylvania corridor is set for solid expansion in 2026, driven by steady economic growth, population influx, and a dominant logistics network. Forecasts indicate persistent demand for housing and warehouse space, with supply constraints keeping vacancies low and rents on an upward trajectory. Economic & Demographic Foundations Regional GDP growth is projected between 2-3%, outpacing many national average forecasts due
MAREJ
5 hours ago


AI-powered insights to drive efficiency and sustainability in commercial real estate
By Michael Mullin, IBSRE As CEO of a technology service provider dedicated to supporting commercial real estate companies, I foresee transformative changes in our industry in 2026, driven by advancements in artificial intelligence and data analytics. The power of AI to reshape energy forecasting will redefine how owner/operators manage their properties and enhance operational efficiency. Revolutionizing Energy Management: AI-driven energy forecasting will be a cornerstone of
MAREJ
22 hours ago


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
1 day 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
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1 day 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
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2 days 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
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2 days 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
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2 days ago










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