Meridian Capital Group has arranged $7.6 million in construction financing for a new 58-unit residential project in East Orange, the real estate services firm said.
Developer drawing new renters to East Orange as it transforms city block by block
For Blackstone 360, a 105-unit project was just the beginning of what has become a major investment in East Orange. The development and design-build firm has since rehabilitated two other buildings in the city — comprising an additional 252 apartments — and now has a fourth project under construction that will deliver another 150 units to the neighborhood.
