Newark holds topping-off ceremony for ‘Shaq Tower 2’

Newark holds topping-off ceremony for ‘Shaq Tower 2’

NEWARK, NJ — Mayor Ras J. Baraka, Gov. Phil Murphy, and partners Shaquille O’Neal and Boraie Development held the topping-off ceremony for 777 McCarter on June 13. The ceremony took place on Edison Place between McCarter Highway and Mulberry Street in Newark. Built under Newark’s inclusionary zoning, with 20 percent of the 370 apartments affordable, […]

Apartments at Orange Crossing will soon be open for leasing

Apartments at Orange Crossing will soon be open for leasing

ORANGE, NJ — As APEX Orange Crossing receives its finishing touches, PEEK Properties has announced leasing is expected to commence at the newly constructed 50-unit Class-A apartment-home property in Orange in the coming weeks. Situated at 276 Reock St. in the city’s town center neighborhood, APEX is the first of three residential phases at the […]

Ground broken on new multifamily community in Orange

Ground broken on new multifamily community in Orange

ORANGE, NJ — Expanding its footprint in New Jersey, Reynolds Asset Management broke ground on a brand new apartment community in Orange on Monday, May 23. The ceremony culminated in the burying of a time capsule containing artifacts from the property’s former tenant, Orange Valley Hardware, to commemorate the property’s history. To encourage professional growth […]

Gant-Gilbert Arts Collective celebrates grand opening in Newark

Gant-Gilbert Arts Collective celebrates grand opening in Newark

NEWARK, NJ — On March 29, Mayor Ras J. Baraka, Invest Newark, the city of Newark’s Economic Development Corporation, dignitaries and community members celebrated the ribbon cutting at the Gant-Gilbert Arts Collective at 505 Clinton St. The new artist housing development, a $9 million project, will provide the community of Clinton Hill with a new […]

Company receives for $26M construction loan for Orange apartments project

Company receives for $26M construction loan for Orange apartments project

ORANGE, NJ — Reynolds Asset Management has announced the closing of a $26 million construction loan from OceanFirst Bank in support of its Orange Valley Apartments project in Orange. The loan, brokered by George Gnad of Lenders Capital, is the largest construction loan in Reynolds’ company history.  “We are extremely proud to partner with Reynolds […]

Irvington, Orange and East Orange discuss development at joint seminar

Irvington, Orange and East Orange discuss development at joint seminar

ESSEX COUNTY, NJ — Irvington, Orange and East Orange followed up last year’s first Tri-Community Commercial and Residential Development seminar with the same event on March 10 at Sandwiches Unlimited in Orange, with officials from all three towns updating residents and business owners on upcoming and ongoing redevelopment projects happening. Jadette Williams and Osner Charles […]

Real estate company secures $6.37 million construction loan for Park11 in Belleville

Real estate company secures $6.37 million construction loan for Park11 in Belleville

BELLEVILLE, NJ — Tulfra Real Estate, in conjunction with the Hampshire Companies, announced recently that it secured a $6.37 million loan to fund the construction of three additional retail pads at Park11 in Belleville. First Bank of Hamilton’s Michael Cook, senior vice president/investment real estate manager, handled the transaction. Jon Mikula and Michael Klein of […]

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