Report Calls for Newark to Establish Land Bank to Sell Off City Owned Properties
New Jersey’s largest city should create a land bank like Detroit's in order to sell public property, according to the new Newark Forward report.
Jersey City’s Credit Rating Drops Despite Remaining Strong
Credit agencies gave downgrades to Jersey City during a year when New Jersey's overall rating rose.
Citibank’s HomeRun Program Helps First Time Home Buyers
From my last article on appreciation in my BeLa area, you know that now is a great time to buy. However, it can be difficult to get the down payment together and find a good loan before you miss out on a property. Citibank has a program that can help you out with all of this.
Newark’s 216-Unit Carmel Towers Renovation Snags $35 Million Loan
An endeavor that is revitalizing an abandoned Newark high-rise obtained some notable financing that will help transition the property.
Funding Secured, New Renderings Released for First Phase of Jersey City’s Emerson Lofts
The massive plan to redevelop a former radio factory along Downtown’s northern fringe has obtained a construction loan to help build a 26-story tower.
First Round of Funding Raised for 42-Story Journal Square Tower
HAP Investments raised a portion of the funding needed to build HAP Tower in Journal Square at 500 Summit Avenue through a private placement abroad.
KRE, National Obtain Permanent Financing for Journal Squared
The American Investment Group (AIG) has agreed to provide permanent financing for the first tower of Journal Squared.
