The Newark Regional Business Partnership, the longtime host of a signature commercial real estate event, is doubling down on its ties to the industry with a newly formed advisory group.
The first projects have arrived under a state program aimed at creating affordable and supportive housing near hospitals — providing shelter and other services while reducing the burden on local health care institutions — as officials eye continued growth for the program.
A development team has closed on $42 million in financing for a project that will bring 78 affordably priced apartments to an area just north of Newark’s University Hospital.
A new 78-unit affordable housing development is coming to Newark’s West Ward as part of a collaboration among state officials, private-sector builders and a key hospital in the city.
A longtime New Jersey developer is helping to recruit volunteers for a clinical trial at Rutgers University that is aimed at fighting the coronavirus pandemic.
A real estate investment firm has acquired a retail property across from Newark’s University Hospital, with plans to make a series of improvements geared toward attracting retailers, medical offices and other users.
