Residential & Mixed Use
Procida wins $39 million judgment against ex-developer of Cherry Hill housing project
Procida Funding & Advisors LLC has secured a $39 million judgment against a former borrower and builder of a once-stalled senior housing development in Cherry Hill.
Invictus lends $60 million for new 266-unit rental project near Plainfield train station
Ramani Group has closed on a $60 million construction loan from Invictus Real Estate Partners for a planned 266-unit apartment building in downtown Plainfield.
Would-be developer buys Newark mixed-use portfolio for $5.3 million, IPRG says
An investor has purchased a portfolio of 15 apartments and commercial space in Newark for $5.3 million, in a deal arranged by Investment Property Realty Group.
Columbia Bank sponsors, secures FHLBNY funds for New Jersey affordable housing projects
Investors will build or update nearly 200 affordable housing units in New Jersey with the support of Columbia Bank and newly announced funds from the Federal Home Loan Bank of New York.
Buyer of Dallas housing parcel inks $2 million land loan from Kennedy Funding
A developer is set to acquire nearly 63 acres of raw land in Dallas with the help of a $2.05 million land loan from Englewood-based Kennedy Funding.
