NEW BRUNSWICK, NJ-Recent studies by the Tax Foundation ranked New Jersey as the highest median property taxes and the least business-friendly tax system in the US.

NEW BRUNSWICK, NJ-Recent studies by the Tax Foundation ranked New Jersey as the highest median property taxes and the least business-friendly tax system in the US.

CHERRY HILL, NJ-Through one of its public non-listed REITs, Behringer Harvard acquired a 308-unit multifamily community here for $40 million.

PHOENIX-The lodging industry remains at a standstill until the financing markets unlock.

PHOENIX-The lodging industry remains at a standstill until the financing markets unlock.

The Continent will see a sharp decline in new hotel deliveries through the end of the decade, but mega-projects in the Middle East are still coming on line.

FREEHOLD, NJ-The Hampshire Cos. and two partners sold nearly 45,000 square feet of medical-office space at 1101 W. Main St. here.

MT. LAUREL, NJ—Colliers Lanard & Axibund represented American Water Enterprises Inc. in its 26,920-square-foot lease at 330 Fellowship Rd. here.