DEBT-EQUITY IMBALANCE, SLOW GROWTH CHALLENGE INVESTORS
ENGLEWOOD, N.J. - October 11, 2011 - (RealEstateRama) -- The New York tri-state commercial real estate investment market is flush with equity capital moving into the final months of the year, and interest in broad-class acquisitions across all sectors has risen dramatically. The primary driver for this demand stems from a desire for alternative, fixed-income yields other than what is available in the bond and government securities markets. The recent turmoil in sovereign debt markets has further fueled this trend.
Donna Bennett Named 2011 Realtor®-Associate of the Year in Monmouth County
October 10, 2011 - (RealEstateRama) -- Donna Bennett, a sales associate with the Holmdel office of Gloria Nilson, REALTORS®, Real Living, the preeminent high-end real estate brokerage in central New Jersey, has been named the 2011 Realtor-Associate of the Year by the Monmouth County Association of REALTORS® (MCAR). Serving more than 5,800 REALTORS® and REALTOR® associates, MCAR is one of the largest local associations in the tri-state area.
NAIOP NJ PANEL: SOCIAL MEDIA IS A KEY TOOL, BUT THERE ARE RISKS
LIVINGSTON, N.J. - October 10, 2011 - (RealEstateRama) -- Social media is a tool for quickly and efficiently communicating with clients and customers, but it's more than simply joining Facebook and LinkedIn. Knowledge of social media, how it works, how it can play an important role in a company's marketing strategy are all key issues, as is knowledge of the pitfalls, legal and otherwise. That was the message delivered by a panel of experts at the NAIOP New Jersey seminar, "Social Media for Commercial Real Estate Professionals."
CUSHMAN & WAKEFIELD HIRES SEASONED, FIVE-PERSON BROKERAGE TEAM
EDISON, N.J. - October 7, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. announced today that a seasoned, five-person office brokerage team headed by Paul Giannone has joined the company’s Edison office. The new hires, who are transitioning to Cushman & Wakefield from Jones Lang LaSalle, include Giannone, executive vice president, of Ocean Twp., N.J.; Paul Hindes, executive director, of Westfield, N.J.; Kevin Carton, senior director, of Brielle, N.J.; Todd Elfand, senior director, of Branchburg, N.J.; and Charles Cavallo, associate director, of Hamilton, N.J.
METRO COMMERCIAL ARRANGES 20,000 SF LEASE AT SHOPPES AT IV
Mt. Laurel, NJ - October 6, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the tri-state region's premier full-service retail real estate company, has negotiated a 20,000 SF lease for Chuck E. Cheese. The entertainment center will be located at 275 Route 4 in Paramus, NJ within the Shoppes at IV. Owned by Mall at IV Group Properties, Inc., this 134,000 SF power center includes Macy’s Furniture Gallery, Thomasville and Paramus Jewelers Exchange
CRYSTAL POINT ON JERSEY CITY WATERFRONT WOWS NEW YORK CITY REAL ESTATE BROKER
JERSEY CITY, N.J. - October 5, 2011 - (RealEstateRama) -- Sophine Hung, a real estate broker at Metropolitan Residential Partners in New York City, had never been to Jersey City, N.J. before. The 20-year real estate veteran had been selling upscale homes in highly-amenitized buildings in Westchester County and Manhattan for the past two decades, but New Jersey’s Hudson River “Gold Coast” was unfamiliar territory.
MANASQUAN OFFICE OF REAL ESTATE MORTGAGE NETWORK, INC., RELOCATES TO TOMS RIVER, NEW JERSEY
Toms River, NJ - October 4, 2011 - (RealEstateRama) -- Veteran New Jersey real estate industry executive, Peter Tront, is happy to announce that he has successfully relocated his branch of the Real Estate Mortgage Network, Inc. (REMN), from Manasquan, NJ, to the nearby town of Toms River. With this new location in the heart of Ocean County, Tront and his team will be able to better serve the mortgage needs of new and existing home owners in the Ocean County region.
SOLAR ENERGY SEMINAR FEATURED EXPERT PANELISTS
HACKENSACK, N.J. - October 3, 2011 - (RealEstateRama) -- With the federal Section 1603 Grant Program set to expire at year's end, those interested in "going solar" may have a limited window to obtain the program's benefits. Solar Renewable Energy Certificate (SREC) pricing, meanwhile, has been in a free-fall, dimming one key financial benefit for others. And competitive issues continue to factor into the solar equation. It all adds up to "Crunch Time for Solar," the appropriate title for a solar energy seminar held at the Stony Hill Inn in Hackensack, N.J.
DAVID SIMON HEADS IOREBA’S 2011-2012 SLATE OF OFFICERS
ROCHELLE PARK, N.J. - October 3, 2011 - (RealEstateRama) -- The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA) has introduced the organization's slate of officers for 2011-2012. With roots dating back to 1927, IOREBA is a membership organization of brokerage and real estate industry-related professionals doing business in New Jersey, New York, Connecticut and Pennsylvania.
CONTINUING EDUCATION CREDITS NOW REQUIRED FOR REAL ESTATE LICENSURE
NEW BRUNSWICK, N.J. - September 30, 2011 - (RealEstateRama) -- Effective immediately, the New Jersey Real Estate Commission (NJREC) requires that licensed real estate professionals, including brokers, broker-salespersons and salespersons, complete continuing education requirements as a condition of biennial licensure renewal. NAIOP New Jersey’s October 4 seminar, Social Media for Commercial Real Estate Professionals, has been approved for two MCE (Mandatory Continuing Education) credits.
DCA’S GRIFA: WE HAVE MADE PROGRESS IN CHANGING THE CULTURE IN GOVERNMENT
NEW BRUNSWICK, N.J. - September 29, 2011 - (RealEstateRama) -- State government's approach to business is being changed by the administration of Gov. Chris Christie, but the economic environment is not yet cooperating in terms of its impact on commercial real estate. That was the message delivered by top New Jersey officials and a panel of CEOs at the September Chapter Meeting of the New Jersey Chapter of NAIOP, the commercial real estate development association.
Deutsche Bank Renews at Piedmont’s 2 Gatehall Drive in Parsippany, NJ
ATLANTA, GA - September 29, 2011 - (RealEstateRama) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) today announced the completion a 7+ year lease renewal with Gemini Technology Services, Inc. (a wholly owned subsidiary of Deutsche Bank AG), at its 2 Gatehall Drive property in Parsippany, NJ.
ENCELIUM TECHNOLOGIES’ GARY MESHBERG TO SPEAK AT IESNYC’S CONTROLTHIS! 2011
TEANECK, N.J./NEW YORK, N.Y. - September 27, 2011 - (RealEstateRama) -- Encelium Technologies' Gary Meshberg, LEED-AP, LC, director of sales, has been named a guest speaker at the Illuminating Engineering Society-New York Chapter’s (IESNYC) ControlThis! 2011 on Thursday, October 20. An industry veteran and chair of the IESNYC Design Guide Committee, Meshberg will address “The Commissioning Process: IESNA DG29.”
Gloria Nilson Realtor’s Shrewsbury Office Marketing The Ivy at Shrewsbury
September 26, 2011 - (RealEstateRama) -- Lou Ventre and Bernadette Ruegg, sales associates with Gloria Nilson, Realtors, Real Living in Shrewsbury, are currently marketing The Ivy at Shrewsbury, a new KHovnanian Homes townhome community coming soon to Shrewsbury. The Ivy at Shrewsbury is a private community of 61 townhomes, featuring 3 distinctive floor plans with 2 car garages and optional finished basements and lofts.
REP. PASCRELL ANNOUNCES $10.2 MILLION IN FEMA GRANTS WILL BE AWARDED TO ELEVATE HOMES...
WASHINGTON, DC - September 26, 2011 - (RealEstateRama) -- Continuing his efforts on behalf of Passaic County residents who have endured repeated losses due to severe weather and flooding, U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today announced that the Federal Emergency Management Agency (FEMA) will award a total of $10.2 million in hazard mitigation grants to Pompton Lakes and Little Falls
PINNACLE FOODS GROUP LLC EXPANDS HQ AT 399 JEFFERSON ROAD, PARSIPPANY
PARSIPPANY, N.J. - September 22, 2011 - (RealEstateRama) -- On the heels of its partial headquarters move-in at 399 Jefferson Road in Parsippany this summer, Pinnacle Foods Group LLC has expanded its commitment there by 11,000 square feet, announced property owner Prism Capital Partners, LLC. Pinnacle Foods Group, which produces, markets and distributes high-quality branded food products, will ultimately occupy 96,000 square feet at the 180,000-square-foot, Class A office property.
CUSHMAN & WAKEFIELD’S WHITMER TAPPED FOR N.J. APARTMENT SUMMIT
SUMMIT, N.J. - September 21, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc.’s Brian Whitmer, CCIM, a director with the commercial real estate services firm’s Metropolitan Area Capital Markets Group, has been selected to speak at the first New Jersey Apartment Summit on Wednesday, Nov. 2. The full-day event will take place at the Grand Summit Hotel in Summit, N.J., featuring high-level information and networking opportunities; more than 300 people are expected to attend.
CUSHMAN & WAKEFIELD ARRANGES 103,000-SQ.-FT. INDUSTRIAL LEASE
MOUNT OLIVE, N.J. - September 19, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield of New Jersey, Inc. has arranged a 103,000-square-foot, 10-year industrial lease on behalf of Bosal USA at 200 International Drive in Mount Olive's International Trade Center. The tenant was represented by Stan Danzig, Jules Nissim, Steve Elman, Robert Adams, and Cathy Bounczek of the East Rutherford, N.J. office of Cushman & Wakefield. The landlord is Mount Olive Industrial Realty Company, LLC, an entity owned by institutional investors advised by J.P. Morgan Asset Management
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW JERSEY STORM VICTIMS
WASHINGTON, DC - September 16, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding last month
Veteran real estate professional adopts IDX Broker software to update her websiteyeah
EUGENE, OR - September 16, 2011 - (RealEstateRama) -- Rose Marie Sinisi has been selling real estate for many years, but the business just became easier with her IDX solution from IDX, Inc. Now, thousands of Mountainside, New Jersey home properties from the Garden State MLS (GSMLS) are seamlessly integrated onto her real estate search page. With the latest addition of IDX Broker software, Sinisi has made searching for and selling homes online monumentally easier for all parties involved, including those just beginning the property search process.


