An investor has landed a $19.5 million acquisition loan in connection with a five-year-old hotel property in Wayne, according to brokers with Cronheim Hotel Capital.
A development team has opened the doors to a new 211-room hotel in downtown Jersey City, with a focus on paying homage to the city’s growing arts and cultural scene.
A developer seeking to build a new waterfront hotel in Hoboken has pledged $4.5 million in community investments, under a deal that city officials say could be a model for future projects.
