Northeast

Partnership Underway on Seniors Housing Project in East Brunswick, New Jersey

by Taylor Williams September 4, 2026

EAST BRUNSWICK, N.J. — A joint venture between National Development and an affiliate of Benchmark Senior Living is underway on construction of a new seniors housing project in East Brunswick, located in Central New Jersey. Benchmark at East Brunswick will total 87 units and 100 beds for assisted living and memory care residents. Amenities will include multiple dining venues, a theater, fitness center, salon and outdoor spaces. JLL arranged $35.1 million in construction financing for the project, which is expected to be complete in 2028.

September 4, 2026

Acquisitions Multifamily New York Northeast

Marcus & Millichap Brokers $11.4M Sale of Lower Manhattan Apartment Building

by Taylor Williams September 4, 2026

NEW YORK CITY — Marcus & Millichap has brokered the $11.4 million sale of 196 Bowery, a seven-unit apartment building located in the NoLita neighborhood of Lower Manhattan. The building includes a ground-floor retail space that is leased to Genyth Tattoo. Matt Fotis, Colton Traynham and Michael Weinstein of Marcus & Millichap represented the seller, an entity doing business as Bowery Square Corp., in the transaction and procured the buyer, Javeri Capital.

September 4, 2026

Acquisitions Healthcare New Jersey Northeast

JLL Negotiates $7.9M Sale of Medical Office Building in Wayne, New Jersey

by Taylor Williams September 4, 2026

WAYNE, N.J. — JLL has negotiated the $7.9 million sale of a 37,770-square-foot medical office building located at 601 Hamburg Turnpike in the Northern New Jersey community of Wayne. The three-story building was completed in 2002 and was 97 percent leased at the time of sale. Jeremy Neuer, Michael Kavaler, J.B. Bruno and Cody Johnson of JLL represented the seller, March Associates, which also houses its headquarters within the building, in the transaction and procured the buyer, Pinnacle Group of Hudson Valley.

September 4, 2026

Leasing Activity New York Northeast Office

Cadent Signs 50,017 SF Office Lease in Midtown Manhattan

by Taylor Williams September 4, 2026

NEW YORK CITY — Cadent has signed a 50,017-square-foot office lease in Midtown Manhattan. The AI-powered predictive advertising company will occupy the entire ninth floor at 2 Park Avenue, a 1.2 million-square-foot building. Aaron Ellison and Adam Spector of Newmark represented the tenant in the lease negotiations. Mitch Konsker, Cynthia Wasserberger, Kristen Morgan and Michael Pallas of JLL, along with internal agent Franco Rauseo, represented the landlord, an affiliate of fashion company Haddad Brands.

September 4, 2026

Development Loans Multifamily New York Northeast

Merchants Capital Provides $138.5M in Financing for White Plains Multifamily Project

by Taylor Williams September 3, 2026

WHITE PLAINS, N.Y. — Merchants Capital has provided $138.5 million in financing for a 296-unit multifamily project in White Plains, located north of New York City. The financing consists of a $120.5 million construction loan from Merchants Bank and an $18 million revolving loan fund from the New York State Homes and Community Renewal’s Housing Acceleration Fund (HAF) program. Known as North White Plains Workforce Transit Hub, the project will comprise two six-story buildings that will house studio, one- and two-bedroom units. Of the 296 residences, 266 will be rented at market rates, and 30 will be reserved for households earning between 50 and 110 percent of the area median income. Amenities will include a fitness center, resident lounge and a coworking/event space, and the development will also feature onsite retail space, a parking garage and a 15,000-square-foot public park. BRP Cos. is leading development of the project, construction of which is underway and expected to be complete in mid-2029.

September 3, 2026

Whole-Foods-Webster-Square-Nashua-New-Hampshire

Acquisitions New Hampshire Northeast Retail

ACP Negotiates $22.5M Sale of Retail Building Leased to Whole Foods in Nashua, New Hampshire

by Taylor Williams September 3, 2026

NASHUA, N.H. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated the $22.5 million sale of a 44,538-square-foot retail building in Nashua, located in southern New Hampshire, that is leased to Whole Foods Market. Opened in late 2024, the grocery store is located within a larger shopping center known as Webster Square that is also home to tenants such as TJ Maxx, Michaels, Dollar Tree, Five Below, Ulta Beauty and Guitar Center. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of ACP represented the undisclosed seller in the transaction. The name and representative of the buyer were also not disclosed.

September 3, 2026

Acquisitions New York Northeast Office

Adirondack Capital Partners Arranges $10.1M Sale of Office Complex in Albany, New York

by Taylor Williams September 3, 2026

ALBANY, N.Y. — Regional brokerage Adirondack Capital Partners (ACP) has arranged the $10.1 million sale of Omni Plaza, a 415,000-square-foot office complex in Albany. Located in the state capital’s downtown area, Omni Plaza consists of two interconnected buildings that total 236,000 and 179,000 square feet, respectively. Michael Hunter Coghill and Jacob Brenner of Adirondack Capital Partners represented the seller, Omni Development, in the transaction, and procured the buyer, Jankow Cos. The new ownership plans to invest in capital improvements to the larger building at 30 S. Pearl St. and to convert the other building at 54 State St. into a 120-unit apartment complex.

September 3, 2026

Leasing Activity New York Northeast Office

Via Transportation Signs 55,066 SF Office Lease in Midtown Manhattan

by Taylor Williams September 3, 2026

NEW YORK CITY — Via Transportation has signed a 55,066-square-foot office lease in Midtown Manhattan. The provider of software for public transportation networks will occupy the entire 25th and 26th floors at 2 Park Avenue, a 1.2 million-square-foot building that recently underwent capital improvements. Erik Schmall and Allyson Bowen of Savills represented the tenant in the lease negotiations. Mitch Konsker, Cynthia Wasserberger, Kristen Morgan and Michael Pallas, also with JLL, along with internal agent Franco Rauseo, represented the landlord, an affiliate of fashion company Haddad Brands.

September 3, 2026

Acquisitions Connecticut Delaware Georgia Massachusetts Multifamily New Jersey Northeast Pennsylvania Seniors Housing Southeast Top Stories

American Healthcare REIT Acquires Eight Seniors Housing Communities for $696M

by Matthew Auchincloss September 3, 2026

IRVINE, CALIF. — American Healthcare REIT Inc. (NYSE: AHR) has acquired eight senior housing communities in six states for $696 million. The properties, which collectively comprise 867 units and were built between 2020 and 2022, are located in Massachusetts, Connecticut, New Jersey, Pennsylvania, Delaware and Georgia. Newmark acted as AHR’s real estate advisor for the transaction. While there were multiple sellers, all eight properties were marketed together. AHR purchased 10 communities all together but assigned the purchase and sale agreements of two properties to another institutional investor. “This series of transactions is an example of disciplined capital allocation supported by strong execution,” says Jeff Hanson, chairman and CEO of AHR. “We understood that only a solution for all 10 communities would clear the market. Rather than either walking away from a highly strategic opportunity or compromising our capital allocation discipline to secure it, we constructed a solution that required neither.” The purchase gives the Irvine-based company a larger presence in the Northeastern seniors housing market. The Northeast properties in the portfolio are located primarily in wealthy suburban markets such as Philadelphia’s Main Line, Westport, Conn., and suburban Boston. AHR is strengthening this newfound foothold via a new operating relationship with Massachusetts-based LCB …

September 3, 2026

Acquisitions Connecticut Northeast Retail

CBRE Negotiates $62.5M Sale of Shopping Center in Vernon, Connecticut

by Taylor Williams September 2, 2026

VERNON, CONN. — CBRE has negotiated the $62.5 million sale of Tri-City Plaza, a 295,817-square-foot shopping center in Vernon, located northeast of Hartford. Grocer Shoprite anchors the center, which was 96 percent leased at the time of sale. Other tenants include T.J. Maxx, HomeGoods, HomeSense and Hartford Healthcare. Jeffrey Dunne, David Gavin and Travis Langer of CBRE represented the seller, a partnership between New York-based owner-operator DLC Management and Acadia Realty Trust, in the transaction. The team also procured the buyer, East Coast Acquisitions.

September 2, 2026

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