The Urban Land Institute honored a dozen commercial real estate projects and industry leaders last week as part of an annual awards dinner hosted by its northern New Jersey chapter.
The owner of a historic factory complex in Paterson that is home to artists, filmmakers and other creative users is getting a $12.5 million infusion for the property, under a loan closed by Silver Arch Capital Partners and Procida Funding & Advisors LLC.
Property owners in Camden have tapped into a state program meant to spur street-level retail and service businesses, adding to the resurgence of one of the city’s main thoroughfares.
A real estate investment firm has acquired a 48-unit condominium building in downtown Paterson, along with a nearby development site that is approved for 195 rental units.
Paramount Assets has completed its adaptive reuse of a historic property in Paterson, debuting renovated street-level retail and new apartments at what had been warehouse space.
The nonprofit New Jersey Future will honor major redevelopments in Hoboken, Orange and Trenton, as well as former Gov. James Florio, as part of its annual Smart Growth Awards celebration in early June.
CHA Partners has spent the past 10 years filling a void in the health care and real estate markets, having acquired and repurposed three former hospitals in New Jersey. And it’s now poised to begin its largest project to date — the long-awaited conversion of a shuttered hospital in Plainfield.
