JV secures $113M financing for Newark office purchase, repositioning
An investment group has acquired two Newark office buildings from Hartz Mountain for $80 million and secured $113.5 million in financing for the acquisition and...
Tag : newark
Fairstead, LIHC Group acquire Newark’s 691-unit affordable Essex Plaza portfolio
Fairstead and LIHC Investment Group have acquired the Essex Plaza portfolio, a 691-unit affordable housing portfolio in Newark, New Jersey. In partnership with government officials...
Bank syndicate funds $94M construction loan for Newark development
Greystone has arranged a $94 million construction loan for an affiliate of J&L Companies, Inc. to finance the development of a 12-story, 403-unit Class A...
Paramount unveils office to resi’ conversion in Newark
Paramount Assets has officially opened Clinton Flats, a 47-unit mixed-used redevelopment of two former office buildings in Newark. Included in the National Registry of Historic...
Fidelco, Elberon to build 140,000 s/f freezer warehouse
Representatives from Fidelco Realty Group, the Elberon Development Group, FreezPak Logistics and Elizabeth and Newark officials announced today a project that will see the construction...
Newark growing as hotbed for tech talent
Newark has earned itself a place among the nation’s top destinations for tech talent. In the annual Tech Talent Scorecard from CBRE, the Gateway City...
Law firm renews 117,000 s/f lease
Despite the dramatic business downturn associated with the COVID-19 crisis, Onyx Equities’ leasing and capital markets teams report several notable advancements over the last two...
NYC calls a halt to sending its homeless population to Newark
New York City has agreed to a temporary pause on its policy of sending its homeless to live in Newark, NJ. After seven hours of...
Onyx unveils new-look Gateway
Onyx Equities has unveiled redevelopment plans to establish Gateway in Newark as the hub of business and cultural activity with reimagined public spaces and expanded...