PARSIPPANY, NJ-Lightstone's REIT has obtained a bank loan to completely renovate the 151-key Courtyard by Marriott which it acquired almost two years ago.

EDISON, NJ-Mack-Cali Realty Corp. did well in office leasing during the second quarter, outperforming the markets in north and central New Jersey.

COLLINGSWOOD, NJ-A new 70-unit rental building is rising at the Collings at The LumberYard development by Ingerman

PHILADELPHIA-The rapidly expanding alternative investment firm Franklin Square Capital Partners pre-leased the new building Liberty Property Trust had planned to construct speculatively with Synterra Partners at the Navy Yard.

KENILWORTH, NJ-Merck is talking to potential buyers - both public and private- about the Kenilworth manufacturing buildings it will vacate Oct. 1.

PITTSBURGH, PA-In another high-profile buy of a downtown Pittsburgh landmark property, Starwood Capital has acquired the Liberty Center office tower and hotel.

UNION CITY, NJ-The Bella Vista Apartments have obtained new mortgage funding and renovation money through a 3% loan arranged by Love Funding.

PHILADELPHIA-A PernaFrederick team has arranged four Center City leases working on behalf of landlords and tenants that included two law firms.