New Jersey

RAHWAY, NJ-Diversified Communities has brought in DeBartolo Development to help build Rahway Town Center, anchored by 150,000-sf of retail.

BEDMINSTER, NJ-The now-former head of the company's management division moves up to run its overall operations.

NEWARK-Summit Associates will break ground in 2008 for the new development on a 42-acre site recently acquired from Coca-Cola.

LIVINGSTON, NJ-The deal involves two complexes totaling nearly 200 units in two different North Jersey cities.

EDISON, NJ-The acquisition of the New Durham Industrial Center boosts the company's New Jersey/New York area holdings to 12.3 million sf.

ATLANTIC CITY-It has been in the works for over two years, and the 3,000-key property will take close to four years to complete, company officials say.

NEW BRUNSWICK, NJ-A medical school division, with a 15,129-sf lease, heads the pack of new tenants and renewals at the Plaza Complex.

Multifamily housing developers, builders and property managers should be extremely concerned about a Congressional proposal that would change the tax treatment of private equity.