Report: Investment firm buys rights to residential tower site next to Revel

A private investment firm reportedly has acquired the rights to a site that was slated to become a 30-story residential tower alongside the former Revel Casino Hotel in Atlantic City.

Investors offer $225 million for failed Revel casino, report says

A private investment firm reportedly has offered $225 million to buy the shuttered Revel casino in Atlantic City, although the property’s current owner says no such offer has been made.