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ELIZABETH, NJ-Gilmcher Realty Trust of Columbus, OH reports it has closed on a $350-million mortgage loan secured by New Jersey's largest outlet mall--The Outlet Collection | Jersey Gardens.
WAYNE, PA-U.S. Bank, which filed foreclosure proceedings back in June against the owner of The Chesterbrook Shopping Center here, was the sole bidder at an auction for the 122,216-square-foot center.
HACKENSACK, NJ-The George Capodagli Company has secured a $25.7-million construction loan with First Niagara Commercial Real Estate Group for its Meridia Hackensack apartment project here.
NEW YORK CITY-A group of New York City hotel investors are in discussions with InterContinental Hotels Group to build a 25-story Crowne Plaza hotel at 320 West 36th St.
NEW YORK CITY-The law firm Kasowitz Benson Torres & Friedman is reportedly nearing a deal to renew its lease at 1633 Broadway for another 20 years.
WASHINGTON, DC-A group of activists led by Ralph Nader has fought against a public-private partnership to renovate and develop around the West End Neighborhood Library here. Opposition to this and other public-private land deals could jeopardize other major projects in the district.
WASHINGTON, DC-Leasing documents penned by the federal government for the Trump Organization's redevelopment of the Old Post Office here detail some of the government's list of what it would like to see and not see at the completed project.