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With the merger deal, Westward360, which provides real estate management services for rental property owners and community associations, will now be known as W360 and will employ more than 200 employees in Chicago.
Under the Community Development Financial Institution initiative, the NJEDA will make up to $15 million available to CDFIs to expand their capacity to provide financing to New Jersey small businesses. Applications for the program are expected to be available in September 2019.
As co-developers, Boston Global Investors, Eagle Development Partners of Stoneham, MA, EDGE and The Cogsville Group of New York City form the general partnership of the project, each contributing what the partnership terms as “significant capital.”