News
Forman Capital Lends $32M for Delaware Residential Community
12+ hour, 15+ min ago (233+ words) A-Del Construction has sealed $31.55 million of construction financing to develop a single-family home community in Delaware, Commercial Observer has learned. Forman Capital closed the loan to fund A-Del's planned Silver View Farm project in Middletown Del., while Real Property Capital's…...
Goldman Sachs Loans $119M to Build Newark Multifamily Project
1+ mon, 3+ week ago (155+ words) A joint venture between SK Development and the Berger Organization has secured $239 million in construction financing to build 22 Fulton Street, a 395-unit, partially affordable multifamily tower in Newark, N.J." Goldman Sachs" Urban Investment Group provided a $119 million construction loan that includes…...
New Jersey’s American Dream Mall Sees Value Plummet by $800M
8+ mon, 4+ day ago (410+ words) It's been a bumpy ride for New Jersey's American Dream mall since it opened in 2019, and not because of its five roller coasters " and it keeps getting bumpier. Triple Five Group's 3.5 million-square-foot American Dream megamall in East Rutherford, N.J., has seen…...
Himmel + Meringoff Recaps 525 West 57th Street
9+ mon, 4+ week ago (730+ words) Himmel + Meringoff Properties just completed a significant recapitalization of its mixed-use building at 525 West 57th Street. Himmel + Meringoff Properties just completed a significant recapitalization of its mixed-use building at 525 West 57th Street, Commercial Observer can first report" Life insurance company Delaware Life…...