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NJ Warehouse Market at Historic Levels

NJ Warehouse Market at Historic Levels

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Reputed Mobster Sells Land to NJ Transit

Reputed Mobster Sells Land to NJ Transit

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How New Tax Bill affects Real Estate

How New Tax Bill affects Real Estate

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One Newark Center SOLD

One Newark Center SOLD

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The Future of Office and Office Space

The Future of Office and Office Space

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Looking for Office Space, Practical Advise From a Broker

Looking for Office Space, Practical Advise From a Broker

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Your allowed to NAP at work!

Your allowed to NAP at work!

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Shared office space comin to NJ

Shared office space comin to NJ

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Kline Enterprises Sells 1,009-Unit Affordable Housing Portfolio in New Jersey for $180M

Kline Enterprises Sells 1,009-Unit Affordable Housing Portfolio in New Jersey for $180M POSTED ON FEBRUARY 23, 2017 BY AMY WORKS IN CONNECTICUT, MULTIFAMILY, NORTHEAST PATERSON, ORANGE, EAST ORANGE, METUCHEN, OLD BRIDGE, HAZLET AND EAST WINDSOR, CONN. — Kline Enterprises has completed the disposition of a 1,009-unit affordable housing portfolio of seven properties in Paterson, Orange, East Orange, Metuchen, Old Bridge and East Windsor. A joint venture between Hudson Valley Property Group, Red Stone Cos. and Wheelock Street Capital acquired the portfolio for $180 million. Community Realty Management will act at third-party property manager for the portfolio, while retaining the majority of the existing staff members at each of the properties. Walker & Dunlop and Fannie Mae provided acquisition financing. Goodwin Procter LLP, Nixon Peabody LLP and Berman Indictor LLP served as counsel for the buyer in the transaction. Jamie Renzenbrink and Gene Levental of SVN Affordable | Levental Realty brokered the transaction.

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WE CLOSED 4 MILLION DOLLARS IN DEALS IN JANUARY

WE CLOSED 4 MILLION DOLLARS IN DEALS IN JANUARY

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