News: Brokerage

Silver & Harting join NAI Mertz Corporation

The real estate brokerage business of Lance Silver and Stuart Harting, Silver and Harting has been merged into NAI Mertz. The partners have been together as brokers and developers in the real estate arena in the tri-state area for 40 years, and with this move they are adding another dimension and capability to the NAI Mertz office. Some of their well known projects include The Piers at Penns Landing, Society Hill Hotel, Sugar Refinery Apartments, The Belgravia, 1010 Race (Quality Inn), Greentree Run, The Greenhouse and Katmandu Restaurants. Prior to their joining Mertz, the team represented the sellers of the former Clarion Suites, I-295 and Route 70 Associates, LP in the sale of the seven acre property at 1450 Route 70 East, Cherry Hill, Camden County, NJ. The property was sold to an affiliate of Spring-Hills, an assisted living company based in Edison, NJ. The new owners plan to renovate the facility and open in the late months of this year.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking