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National Jersey Leadership Named at Annual Meetings

National Jersey Leadership Named at Annual Meetings
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Proposed Bill Allowing Rider for Pandemic BI Coverage Moves Forward in New Jersey

COVID strained New Jersey mental health, but there s help

As COVID-19 s second wave infected thousands of New Jersey residents last winter, Ann found it increasingly hard to get out of bed. Employed at an assisted-living facility, she worried that the virus would again spread through nursing homes, as it did during spring a year ago, and that she would be stricken.  In mid-January though, Ann  she asked that her full name not be used to protect her privacy   recognized that while she had been spared COVID-19 she was exhibiting signs of a more common ailment: depression. I d worked a couple double shifts one particular week, and when my day off rolled around, I found that I had to force myself out of bed,  said Ann. When I thought about it, I realized that I was forcing myself to do basic things, like shower, make the bed, etc., for a few weeks at that point.

Birch Group pays Mack-Cali $255M for NJ office portfolio

Share The Birch Group, a privately-held commercial real estate investor, owner and operator, today announced the $255 million acquisition of a four-building portfolio in Short Hills, N.J. The off-market acquisition comes on the heels of the company’s recent $77 million portfolio purchase in Morristown, and further cements its focus on acquiring prime value-add office assets across the suburbs of Northern N.J. The 843,300 s/f portfolio comprises four Class A office buildings located at 51, 101, 103 and 150 JFK Parkway in the affluent Short Hills submarket. Cushman & Wakefield represented Mack-Cali Realty Corporation, the seller, and is also being retained by The Birch Group as the exclusive office leasing agent for the properties. With the acquisition, The Birch Group has now acquired over $750 million of commercial office assets since 2019.

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