EDGEWATER, NJ—Mark Scott's Commercial Mortgage Capital has arranged $12.5 million in construction financing for Phase II of The Pearl, a 63-unit luxury condominium project on New Jersey's Gold Coast in Edgewater, NJ.

SECAUCUS, NJ—Three new leases and one tenant renewal have brought 30,000 square feet in commitments to Rugby Realty's 300 Lighting Way in Secaucus, NJ. Cushman & Wakefield is the exclusive leasing agent for the 303,000-square-foot, class A office property.

MIAMI—“Miami Worldcenter will transform 27 acres in the heart of Miami into a city within a city…”

LOS ANGELES—According to a new report from MasterCard that tracks retail spending of cardholders, the downtown market has several areas that rank in the top 1% in the state and country for total revenue performance.