Inspired by Somerset Development has closed on two significant loan transactions, securing a combined $246 million in financing for a luxury condominium project in Asbury Park and its acclaimed Bell Works Fort Monmouth campus in Tinton Falls.
Solar Landscape has closed on a $600 million financing commitment from First Citizens Bank to help accelerate its pipeline of rooftop solar projects in New Jersey and nationally.
Toll Bros. Inc. has launched sales at a collection of new townhomes in Asbury Park, in one of the newest additions to the stock of high-end housing near the city’s iconic shoreline.
Construction is underway on a project that will bring 112 condominiums to Asbury Park as one of the newest infusions of high-end housing along the city’s iconic shoreline.
Hudson Valley Property Group has acquired a 170-unit multifamily complex in Asbury Park, expanding a portfolio that now includes nearly 30 properties in the state.
Private investors have acquired a roughly 38,000-square-foot building in downtown Asbury Park for $2.95 million, in a newly announced deal by Barone Commercial Resources LLC.
Renters have arrived at a new luxury apartment property in Asbury Park after the launch of leasing by Starfield Cos., the developer that has revitalized large swaths of the city’s waterfront.