MADISON, NJ-Realogy Holdings Corp. is purchasing real estate tech firm ZipRealty for $6.75 a share in an all-cash deal expected to close in the third quarter.
EDGEWATER, NJ—The deal, for the St. Moritz Apartments here is one of several Meridian Capital Group has transacted in the state, Abe Hirsch, a senior managing director, tells GlobeSt.com.
MARLTON, NJ—Though parts of the commercial real estate market could be getting overheated, Jason Wolf tells GlobeSt.com, it is stable in this market of the country.
BLOOMFIELD, NJ—Locally based Juniper Communities buys the assisted-living facility Brookline Village in State College, PA, and looks for more assets to acquire, CEO Katzmann tells GlobeSt.com.
WEEHAWKEN, NJ-Hartz's Estuary, a luxury multifamily development, is leasing its apartment units more quickly than the commercial real estate management expected.
ALTOONA, PA-The sale of Logan Town Centre shows that tertiary commercial real estate markets aren't that much of a concern if they are home to a dominant retail asset.
The retail real estate industry is no longer accumulating the traditional large big-box spaces that used to dominate the sector, says Coreland's Matt Hammond and Ben Terry.