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The Ira Group's target market includes individuals with past lending experience, as well as newcomers to commercial real estate lending. The new company will be engaged in opportunities extending across a full spectrum of risk and return.
Cross River Bank, which had been considering relocating its headquarters to a facility in Orangeburg, NY, did receive a Grow NJ grant in connection with the purchase.
The first class of students graduated from the program on May 9, as part of the inaugural cohort of "Propel by Prologis." Prologis plans to continue CWI programming in Chicago later this year, the company reports.
Prior to joining CBRE, she served as the VP of retail leasing at Lakewood, NJ-based Paramount Realty Services, where she managed the leasing department for 30 portfolio properties totaling 5 million square feet.
The firm, which received $18 million in new funding earlier this year, reports that it plans to centralize its US-based workforce in Chicago at the mHUB building at 965 W. Chicago Ave.
The first 80-unit building at 100 Kennedy Drive recently completed construction and is now being leased. AMS plans to break ground on the second 56-unit building later this spring.
When combined with indirect and induced jobs, tourism sustained more than 531,000 jobs in 2018, making tourism the seventh largest employer in New Jersey.