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CONSTRUCTION ROUNDUP

● HOLT CONSTRUCTION Holt celebrates 100th anniversary Holt Construction is celebrating 100 years in business. JACK HOLT Founded in Pearl River, New York, in 1919 by Fred L. Holt, the company is one of...

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NJ rental property trades for $43M

Woodmont Properties has sold a newly constructed apartment property in Jersey’s Bayside Cove neighborhood for $43.5 million. Gebroe-Hammer Associates announced the sale the 125-unit townhome-style...

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Cronheim arranges $39M funding for multifamily acquisition

Cronheim Mortgage has arranged a $32,625,000 loan and $6,000,000 preferred equity investment for the acquisition of Bayside Cove Apartments, a 127-unit, Class-A multi-family complex located in South...

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WHO’S NEWS: Durst, RIPCO, HWE among firm’s hiring this week

Helmsley Spear, LLC, announced that Randy Sherman has joined the firm as Executive Managing Director where he will focus on tenant and landlord representation. Sherman brings 30 years of experience to...

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Woodmont JV starts new luxury apartment project

Woodmont Properties and Canoe Brook Development have begun construction on a luxury rental apartment community in Secaucus, New Jersey. Located at 1631 Paterson Plank Road, the four-story community...

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Woodmont sells southeastern industrial property for $18M

New Jersey-based Woodmont Industrial Partners has sold a 520,000 s/f industrial property in the southeastern U.S. for $18 million. The Mt. Zion Industrial Center at 1791 Mount Zion Road in Morrow,...

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WHO’S NEWS: Latest appointments, promotions

Silverstein Properties announced that Katie Kurtz has joined the company as Chief Financial Officer. As an experienced finance executive with over 15 years success in the financial services sector,...

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Jersey distribution center sold for $22M

Woodmont Industrial Partners has sold a newly-built distribution center in Woodbridge, NJ, to Denver-based EverWest Real Estate Investors for a reported $22.5 million. The developer finished building...

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Woodmont Properties Welcomes New Residents to Woodmont Liberty Apartments in...

Woodmont Properties, a leading owner, developer, and manager of multifamily and commercial properties throughout the U.S., today announced it has launched leasing for the first phase of Woodmont...

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Woodmont Way at West Windsor is Fully Leased 

Woodmont Properties, a leading owner, developer, and manager of multifamily and commercial properties throughout the U.S., today announced that Woodmont Way, its award winning 443-unit luxury...

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