The newest addition to the Atlantic City skyline is not another casino, but a 230-foot-tall observation wheel that will become the latest and greatest piece of the iconic Steel Pier. The year-round at…
Hospitality & Tourism
Whether it’s the proximity to New York City or all of the tourist attractions that New Jersey has to offer, the Garden State’s hospitality industry is booming. Hotels are increasingly becoming part of major redevelopment projects.
Development set to begin at new hotel, restaurant at SJP campus in Bridgewater
SJP Properties has sold a parcel within its five-building office campus in Bridgewater, paving the way for the development of a new high-end Marriott hotel and Zinburger Wine & Burger Bar.…
Kushner Cos. acquires Long Branch motel site for $6 million
An affiliate of Kushner Cos. has acquired a 9,600-square-foot motel near its mixed-use Pier Village complex in Long Branch, in a $6 million sale brokered by The Kislak Co. Inc.…
Home state advantage: Morris, Jingoli discuss plans in Atlantic City, partnership with Hard Rock
Jack Morris and Joe Jingoli, whose families have partnered with Hard Rock International to acquire the former Trump Taj Mahal, bring decades of experience in New Jersey real estate and a level of hand…
Case launches small loan program for projects nearing stabilization
Case Real Estate Capital LLC, a commercial real estate investment and financing firm, has launched a new program to provide lower-interest loans for properties that are close to stabilization.…
Sanzari tops out new dual-branded hotel in Teaneck
Alfred Sanzari Enterprises is on track to complete a new 350-room, dual-branded hotel in Teaneck by next year, the firm said recently as it marked the completion of vertical construction.…
Investors offer $225 million for failed Revel casino, report says
A private investment firm reportedly has offered $225 million to buy the shuttered Revel casino in Atlantic City, although the property’s current owner says no such offer has been made.…
Meridian brokers $7.8 million refinance for Jersey Shore hotel
The owner of a Toms River hotel is refinancing for $7.8 million, following a transaction arranged by brokers with Meridian Capital Group.…
Rutgers announces 2017 advisory board members
The Center for Real Estate at the Rutgers Business School has unveiled its 2017 advisory board and council of emerging leaders, adding to a roster that has come to include dozens of industry heavyweig…
Gateway project quickly transforming Atlantic City beachfront (VIDEO)
A mixed-use, $220 million project that could help lift the fortunes of Atlantic City is still a year from completion, but it has already started to transform a parcel of beachfront property in the res…