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.

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.

Hospitality & Tourism

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.

Hospitality & Tourism

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.

Hospitality & Tourism

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 heavyweights and top professionals in New Jersey.

Health Care & Education

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 resort town.

Hospitality & Tourism

Beach Haven theater reopens under new ownership

A real estate investor has reopened a well-known theater on Long Beach Island, bringing new life to a property that had sat vacant for two years.

Hospitality & Tourism

Gaming executive coming home to lead Hard Rock Atlantic City

Hard Rock International has tapped a New Jersey native and veteran gaming executive to serve as president of the company’s highly anticipated casino in Atlantic City.

Hospitality & Tourism

Atlantic City 3.0: Riding high from new investment, the iconic resort town is charting a new future

For a place that has been promised a comeback in recent years — only to see it never materialize — experts say Atlantic City is in uncharted yet promising territory that could help usher in a long-awaited recovery. Land prices are at their lowest in decades, local and regional developers with proven track records are investing in the city and the first credible nongaming project in years is under construction, with the potential to bring thousands of students and professionals to the Boardwalk as soon as next year.

Health Care & Education

The Atlantic City Gateway: A project built for growth

Stockton University’s new Atlantic City campus is still more than a year from opening, but the school and its developer are already thinking about what comes next.