A developer has repaid a nearly $70 million construction loan for a Jersey City condominium project, in one of several year-end highlights touted by Procida Funding.
A joint venture has closed on a Toms River shopping center with the help of $17.4 million in acquisition financing from an area bank, brokerage firm HFF said Monday.
After acquiring a 120,350-square-foot shopping center in Toms River, a joint venture has tapped Levin Management Corp. to oversee leasing at the property.
Jersey Mike’s Subs is continuing its rapid growth in the Garden State, with Pierson Commercial representing the chain in seven new leases in northern and central New Jersey.
A deal between local officials and a housing advocacy group will result in Toms River having the fourth-highest number of new affordable housing units in the state in the coming decade.
