FLANDERS, NJ—AIG Global Real Estate Investment has sold Oakwood Village, a 1,224-unit apartment community in Flanders, Morris County, NJ, for $183.4 million. It's AIG's second large apartment disposition since December, when it sold a dozen properties totalling 2,811 units.

EAST RUTHERFORD, NJ—A veteran of nearly two decades in commercial real estate including ten years with Citigroup, Brian Davison, is joining Jones Lang LaSalle in New Jersey as a vice president with its Consulting and Advisory Group.

FLORHAM PARK, NJ—The Rockefeller Group and LodgeWorks Partners will develop ARCHER Hotel at The Green at Florham Park, one of the only new-build hotel projects in Morris County, NJ in recent years.

STATE COLLEGE, PA—Six new The Greene Turtle sports bar and grille locations are coming to Central Pennsylvania, as the Maryland-based restaurant chain continues an aggressive expansion drive throughout the Northeast.

PARSIPPANY AND GARFIELD, NJ—Madison Realty Capital provided first mortgage loans totaling $71.15 million for two commercial properties in Northern New Jersey.

NORTH PLAINFIELD, NJ—Matthew Harding of Levin Management says the firm's annual January Retail Sentiment Survey of store managers within its 95-property, 13 million-square-foot portfolio shows a generally positive outlook for 2016, despite being conducted at the outset of the current stock market volatility. Listen to our exclusive audio interview with Harding below.

PHILADELPHIA, PA—The Kaiserman Family has sold four office properties, including the landmark Bourse Building, in Philadelphia's Market Street East district in Center City, to MRP Realty.

EDISON, NJ—Mack-Cali Realty Corp. has closed the previously announced acquisition of 333 Thornall Street here, and plans to connect the building with one that it already owns next door.