Developer of 203-unit Newark rental tower inks $50 million construction loan, FM Capital says

A developer has secured nearly $50 million in financing for a planned 203-unit apartment building in Newark’s University Heights section, in a deal arranged by FM Capital.

Blackstone 360 hits leasing milestone at newest East Orange high-rise

Development firm Blackstone 360 has leased 75 percent of a new 213-unit luxury apartment high-rise in East Orange, its fifth building along a key thoroughfare in the city.