Renters are snapping up apartments at LeFrak’s newest building in Jersey City, a 385-unit high-rise at the northern end of the famed Newport neighborhood.

Longtime CBRE New Jersey market leader Jeff Hipschman has joined Binswanger as its CEO, becoming the first non-family member to lead the real estate services firm in its 93-year history.

Capodagli Property Co. has closed on a $75 million bridge loan with SCALE Lending that will support its delivery of nearly 300 new apartments in Little Ferry.

Most people I speak to about the industrial sector have kept a level head about the market’s recent pullback, using words like “normalizing” or “moderating” after the high-flying days of about three years ago. That perspective is to be commended, but it doesn’t change the fact that developers are now trying to work off an influx of new supply with fewer tenants.

As you’ll read in this month’s cover story, landlords say demand is coming back with what I’d imagine is one frustrating caveat: Occupiers remain indecisive, despite needing new space, amid lingering concerns about making major capital commitments.

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