ASBURY PARK, NJ-The old Steinbach building, built in 1897 but vacant since 1979, will come back to life as a combination of ground floor retail and upper level residences.

EDGEWATER, NJ-The units are situated within City Place, a 16-acre mixed-use project that encompasses 331 multifamily units and some 194,000 sf of retail space.

PRINCETON, NJ-The 495,000-sf MXD moves from Praedium's portfolio into the hands the Gale Co. and GE Partners, who plan a major overhaul of the asset's retail component.

LOPATCONG, NJ-After a $9 million makeover, the largely vacant Hillcrest Mall will be reborn with three-quarters of its space set aside for medical uses. Existing retail tenants will stay in place.

SOUTH BRUNSWICK, NJ-The borrower is food cooperative Wakefern, which occupies most of a 734,000-sf distribution center developed by the Morris Cos. here.

MORRISTOWN, NJ-Commercebank provided the funding to Commercial Realty Group and Lawrence Zirinsky Associates for their 190,000-sf Southgate II.

ISELIN, NJ-A joint venture partnership is paying TA Associates Realty nearly $195 a foot for the 757,408-sf complex, which is fully occupied by Prudential.

PARSIPPANY, NJ-The borrower is Deera Management Group, owner of the 240-unit, 188,000-sf Baldwin Manor. The loan has a 10-year term and 30-year amortization.