The 2,615 units in six cities represent Investcorp's largest US real estate portfolio acquisition in the last decade.

Washington Property Co.'s 8250 Solaire Georgia Ave. Apartment has leased about half of the building.

In his new role with NAP, he will be responsible for design, engineering, permitting, approvals, construction and management of the multi-phased Riverton program, a $2.5-billion, 5 million-square-foot mixed-use development on 400 acres on the Raritan River in Sayreville.

The Planning Board unanimously approved the plans for The New Valley Hospital on Thursday evening. Valley Health System reports that its board of directors will formally adopt a resolution to proceed with the project at its next meeting in July.