Procida closes $21 million construction loan for Kearny multifamily project

Procida Funding has originated a $20.5 million construction loan to the owner of a multifamily development site in Kearny, where plans call for a project with 69 apartments.

Procida joins developer, local officials to unveil final phase of Northvale condos

Paris Square at 199 Paris Ave. in Northvale — Courtesy: Procida Funding By Joshua Burd A development team has marked the long-awaited completion of an age-restricted, 111-unit condominium complex in the Bergen County borough of Northvale. Procida Funding, a lender…

Deugen plans early 2023 delivery for new 47,000 sq. ft. Meadowlands warehouse facility

Deugen Development has broken ground on a project that will bring nearly 50,000 square feet of much-needed, modern industrial space to the Meadowlands submarket.

Procida joins developer to break ground on 128 rentals, nonprofit space in Philadelphia

Procida Funding is marking the start of a project that will bring 128 new apartments and office space for a local nonprofit to a West Philadelphia neighborhood.

Procida eyes $40 million rehab of historic Paterson silk mill, with plans for 127 apartments

A development team led by Procida Funding has unveiled plans to create nearly 130 new apartments at the site of a historic mill complex near Paterson’s Great Falls.

Procida Funding names three new partners, ensuring next generation of leadership

Procida Funding & Advisors has named three new principals alongside its founder, helping to cement the future of the Englewood Cliffs-based lender and financial services firm.

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.

NAI Hanson, Van Houten complete sale of historic 108,000 sq. ft. building in Paterson

A joint venture has purchased a historic industrial complex in Paterson, paving the way for a potential adaptive reuse project alongside other redevelopment efforts in the city.

Procida marks payoff of $19 million construction loan, as 122 micro-units open in Jersey City

An area lender is touting the completion of 122 micro-apartments in Jersey City, thanks in part to nearly $19 million in construction financing.

Procida closes $5 million loan to third-generation furniture business in Bergen County

Procida Funding has provided more than $5 million in financing to the owners of a multigenerational furniture shop in southern Bergen County.