SUMMIT, NJ-Most commercial real estate lenders have yet to admit and realize their losses and proffer assets to the huge pools of opportunistic buyers waiting on the sidelines.
TRENTON–A bank has won a federal judge's permission to pursue a claim that a Pennsylvania firm's less-than-savvy understanding of New Jersey lein law caused part of a $3-million loss from a bad loan.
The Meadowlands office and industrial markets are holding their own. But what will the still-delayed Xanadu project, less room for new development and a massive transportation upgrade mean for the region?