News

The Smartland Fund will invest in local real estate projects.

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.

The project was financed primarily through a tax-exempt bond issuance with Collegiate Housing Foundation, a nonprofit 501(c)(3) organization, serving as the borrower and owner of the project.

This is the first venture in South Florida by Gatsby Enterprises, and more purchases are planned in the region's urban cores.

The two states created the Gateway Development Commission as a bi-state body to facilitate building the new Hudson Tunnel project.

The Toronto-based Onex Corp. will receive proceeds of approximately $835 million from the sale.

The REIT acquired the 196 Orchard St. condominium units totaling 60,297 square feet.

With MIELE II Sarl, a Luxemburg fund, Madison International Realty has purchased a 5% equity stake in Signa Prime, a $14 billion (€12.5 billion) European real estate portfolio.