Procida taps McCann Team as agents for Plaza Grande in Cherry Hill

Procida Funding & Advisors has selected the McCann Team of Keller Williams as its agents for a collection of new age-restricted homes at the Plaza Grande development in Cherry Hill.

High-profile speaker list grows for Rutgers symposium, case study on distressed assets

The next Rutgers Center for Real Estate symposium is only weeks away, with a fast-growing list of speakers who will share their insights on tackling distressed commercial real estate.

Procida-led team launches monthly charity program tied to lease-up of Cherry Hill project

The team behind a soon-to-be-completed, 507-unit multifamily project in Cherry Hill is hoping to support local charities as part of its lease-up of the property.

Procida completes first of eight final buildings at long-stalled Cherry Hill housing project

A team led by investor Billy Procida has completed the first of eight buildings that will help complete a long-delayed, 507-unit multifamily project in Cherry Hill.

Procida taps Coldwell Banker, Kamson for Cherry Hill residential project

Developer and investor Billy Procida has assembled a new team for a luxury residential community in Cherry Hill, as it prepares to bring another 283 units to the site.

Procida takes over final housing phase of Garden State Park redevelopment in Cherry Hill

Veteran developer and real estate investor Billy Procida has taken control of a key parcel in Cherry Hill, where plans call for 283 homes as part of the redevelopment of the former Garden State Park racetrack.

Procida Funding & Advisors

We typically lend on construction and distressed assets up to $150MM. We have a strong sense of complicated construction projects and work with clients to navigate subsidy programs and value engineering.

Procida touts completion of Northvale condo project after $14.5 million construction loan

A developer has completed an upscale active adult condominium complex in Bergen County with the help of a recent $14.5 million construction loan by Procida Funding.

Developer lands $48 million loan package for next phase of Elmwood Park project, JLL says

The developer of a two-building, 240-unit luxury apartment complex in Elmwood Park has secured $48 million in financing, according to a debt placement team with JLL.

Procida closes construction loan for 27-unit apartment building in Paterson

Procida Funding & Advisors has originated a $5.45 million construction loan to the developer of a new apartment and retail building in Paterson.