Hospitality & Tourism
Prism offers new details for lab, hotel projects at ON3 (RENDERINGS)
A pipeline of new ground-up construction projects is taking shape at Prism Capital Partners’ ON3 campus in Nutley and Clifton, including some 400,000 square feet of laboratory space, a new medical office building and a dual-branded 255-room hotel.
Ocean Resort details new ownership, $70 million investment
An existing shareholder is leading the $70 million capital infusion into the Ocean Resort Casino in Atlantic City, paving the way for it to become the property’s new majority owner.
AvalonBay details plans for mixed-use, $300 million project at Princeton Junction (VIDEO)
A plan that would bring 800 residential units, a hotel and an upscale retail plaza to the Princeton Junction train station in West Windsor is set to move forward in the coming months, setting a path for one of the state’s largest and most anticipated redevelopment projects.
HFF inks sale, financing for 128-room hotel in Bridgewater
A regional hotel operator has acquired a 128-room Hyatt property in Bridgewater, in a transaction arranged by brokers with HFF.
Procida inks $7 million loan for Bergen banquet hall
Procida Funding & Advisors has provided a $7 million loan for a Bergen County catering hall to consolidate existing debt and complete minor upgrades.
