Real Estate News

The basics: NJ Assembly approves A-1502 PBM reform legislation Requires PBMs to act as fiduciaries for health plans Moves PBM compensation to flat-fee transparency model Backed by healthcare and life sciences organizations including HINJ, BioNJ The New Jersey General Assembly on Monday approved the Patient and Provider Protection Act. Assembly Bill 1502 is a sweeping pharmacy [...]

As Kean University moves toward finalizing its merger with New Jersey City University July 1, the school received another vote of confidence from major credit rating agencies, which cited Kean’s financial stability, enrollment growth and strategic leadership. Moody’s Ratings assigned Kean an A2 rating with a stable outlook for its proposed [...]

As New Jersey prepares to welcome soccer fans from around the globe for the 2026 FIFA World Cup, Gov. Mikie Sherrill on Monday announced a new opportunity for municipalities to extend bar operating hours to capitalize on the economic activity expected during the international tournament. During a visit to Hoboken’s Mulligan’s [...]

CBRE arranged financing for the grocery-anchored Convery Plaza in Perth Amboy following Sterling Organization‘s acquisition of the site last fall. Fully leased, the neighborhood shopping center comprises 91,280 square feet. The 60,665-square-foot ShopRite has operated at the Middlesex County property since 2012. According to a May 18 announcement from CBRE, an Atlanta-based [...]

OceanFirst Bank ranks among the most prominent financial institutions along the Shore. The bank operates locations from Perth Amboy to Cape May Courthouse, with a significant presence in Monmouth County, including its base in Red Bank. OceanFirst bankers work with businesses in the region and have keen insights into what [...]

The basics: Pallone probes AI-driven surveillance pricing Walmart, Amazon, CVS among retailers targeted NJ lawmakers advance bill to ban some algorithmic grocery pricing practices Business groups defend loyalty coupons, rewards, personalized discounts U.S. Rep. Frank Pallone, D-6th District, launched an inquiry into whether major retailers, grocery stores and pharmacies use surveillance pricing to charge certain [...]

The New York Cosmos announced a partnership May 11 with St. Joseph’s Health in Paterson. The health system will serve as the club’s official hospital and physical therapy partner for the 2026 season. Under the agreement, St. Joseph’s Health will provide athletic training and medical services for the Cosmos. The collaboration [...]

The basics: PATH now runs all four lines seven days a week for first time since 2001 Weekend, late-night train frequency increased on key routes Changes follow completion of a $430M PATH Forward modernization program Expanded TAPP fare options and usage part of system upgrades The Port Authority of New York and New Jersey on [...]

The basics: Perkins Griddle & Go adding 16 NJ locations Expansion includes Monmouth, Ocean counties First café scheduled to open this summer in Flemington Fast-casual concept features dine-in, grab-and-go meals New fast-casual brand Perkins Griddle & Go is adding some more sizzle to its development pipeline in New Jersey. Husband-wife team Guiseppe and Nicole Lahara first [...]

The basics: New Jersey gaming revenue reaches $600.8M in April, up 12% YOY Atlantic City casinos post strongest April in-person gaming results since 2012 Internet gaming revenue climbs to $263.1M, topping casino win for the eighth straight month. Sportsbooks generated $102.1M in revenue from $934.2 million in wagers during April New Jersey’s gaming industry posted [...]