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The investment will include $5 million which Airbnb will contribute to its Superhost Relief Fund.

The deal marked the first sale in JAG's Income Fund. The community was acquired through a joint venture with KKR and JAG in 2017.

The nine-acre property at 3130 Route 10 was sold by Denville Commons Associates LP. Cushman & Wakefield represented the seller and procured the buyer in the transaction.

Phase 1 of Legacy Square was completed in late 2019 with the opening of a 185,000/-square-foot Walmart Supercenter and seven finished pad sites. Phase two is now under construction and will open in early 2021.

Sheppard, Mullin, Richter & Hampton has hired partner Ira Schulman and associates Emily Anderson and Michelle Cuozzo from Pepper Hamilton to focus on construction litigation.

B6 Real Estate Advisors has appointed Trisha Connolly as senior managing director in the firm's capital advisory division, the first female team leader at the firm.

HLC Equity has hired Andrew Levin as director of acquisitions to lead the company's investment and acquisition efforts nationwide.

Time Equities has reshuffled its staff to triage the asset management side of its business.