LONDON—The Highcross Portfolio was sold to Northwood Investors of New Yor, which also acquired the fund's previous owner.

TRENTON, NJ—A bill that would extend construction permits originally issued in the 1990s was released by the Assembly Appropriations Committee on Monday.

TRENTON, NJ—A bill that would end the raiding of Urban Enterprise Zone dollars to fill gaps in the state budget was approved Monday by an 8-4 vote of New Jersey Senate Budget and Appropriations Committee. It now heads to the full Senate for consideration.

MANAYUNK, PA—J.G. Petrucci Company Inc. has expanded its multi-family portfolio with the completion of The Station at Manayunk, a first-class 149-unit LEED certified luxury apartment community located at 1 Parker Avenue in Manayunk, Pennsylvania.