PHILADELPHIA-Brokers from Gebroe-Hammer say three apartment building sales they brokered indicate continuing strong investment interest in multifamily properties in the city and suburbs.

ROBBINSVILLE, NJ-There is a surge of development activity at two industrial parks maintained by Matrix Development Group here just off the New Jersey Turnpike.

PHILADELPHIA-University Realty has two buildings that will be Drexel-approved student housing going up now, and a third in the works. A new report says the student housing business is booming.

SOUTH ORANGE, NJ-The Avenue at South Orange, built three years ago in a state-designated Transit Village, is sold for $400,000 per unit. The deal arranged by Gebroe-Hammer included a 1031 tax deferral for the buyer.

ATLANTIC CITY, NJ-The Associated Press reports Revel Resort Casino will file for bankruptcy protection next month. Despite a concerted push by Gov. Chris Christie to help position it as a blockbuster destination, losses have piled up.

NEWARK NJ- PSE&G announced it will spend $3.9 million over the next decade to protect its electric and gas lines from damages like those incurred during superstorm Sandy. This dovetails with Gov. Chris Christie's push to rebuild a "better and stronger" Route 35 after storm devastation.

SADDLE BROOK, NJ-In its new industrial market report, CBRE notes a surge in construction of large new facilities on spec -but it also notes demand dipped in Q4 2012 due to economic uncertainty.

JERSEY CITY, NJ-An investment seminar will feature a panel of longtime opponents of rent control in Jersey Gold Coast communities.