A private equity firm has expanded its reach in the New Jersey commercial real estate sector, announcing a $35 million loan for a two-building office portfolio in Essex County.
A developer and Newark city officials are offering new details about a plan to revitalize a former stadium property, including a focus on affordable housing and the use of union labor.
A developer has secured a $395 million loan for a portfolio of multifamily assets, including the former Newark Bears stadium site where plans now call for 4,200 residential units.
A joint venture has landed a $67.5 million loan to acquire a 205-unit multifamily project in Harrison and an adjacent development site that could house another 435 apartments.
A developer has secured nearly $260 million in financing for multifamily projects in Bayonne, Linden and Raritan, following a transaction arranged by Meridian Capital Group.
This spring, an indoor skydiving company is set to complete construction of its first New Jersey location, offering customers timed packages of flight time that mimics the feeling of free-fall skydiving, but safely indoors in an air-conditioned environment. The new location at 211 Route 4 will be among more than 60 in 14 countries for the operator, iFLY Indoor Skydiving.