LAKEWOOD, NJ-Lee David Medinets is senior counsel for Madison 1031, an affiliate of Madison Commercial Real Estate Services that serves as an intermediary on property exchanges that may qualify for capital gains tax deferral.
HORSHAM, PA-In its bid to recover from its bankruptcy, the financial group is continuing to sell off assets; the latest is a mix of performing and non-performing loans.
PHILADELPHIA– Marcus & Millichap Real Estate Investment Services has closed on the sale of the 16-unit Beaux Arts-style apartment building with seven retail spaces in Center City Philadelphia. The deal equates to $925,625 per unit and $355 per square foot.
JERSEY CITY-The firm was honored by NAIOP for its sale of the 40-acre site to Goya Foods, where it will develop a 631,000-square-foot “green” industrial facility in Hudson County.
NEWARK-Amidst the group of leading players to discuss redevelopment opportunities at the RealShare NJ conference June 5, Somerset Development’s Ralph Zucker will discuss the risks--and rewards--in the Garden State.