The state Economic Development Authority last month unveiled two new funding tools aimed at helping street-level retail and downtown businesses in Passaic, Trenton, Paterson, Camden and Atlantic City.
A joint venture is acquiring a 1,009-unit affordable housing portfolio, spanning seven towns in New Jersey, with the help of a $144 million Fannie Mae loan arranged by an out-of-state firm.
Five apartment properties in northern New Jersey have traded for a total value of more than $21 million, under a 1031 exchange brokered by The Kislak Co. Inc.
A maker of nutritional supplements is weighing a move from West Caldwell to Paterson, where state officials say it would build a nearly 80,000-square-foot facility for assembly and packing.
A nonprofit group in Paterson is suing St. Joseph’s Medical Center over its decision to pull out of a plan to build a hotel on hospital property, according to a published report.
