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Strada Investment Group and the California State Teachers' Retirement System have entered into a new programmatic joint venture with a CalSTRS-approved initial allocation of $300 million of equity capital.
The sale of St. Christopher's to Tower and Drexel is part of the process to resolve the Chapter 11 bankruptcy filed by American Academic Health Systems LLC.
Brokerage firm Kiser Group reports that Dover Court Condominiums was acquired by Neriel Lagoon LLC, which plans to convert all of the units to apartments.
Cushman & Wakefield reports that the recent signing of two anchor tenants at the property are clear signs that the rebranding initiative at the property is paying dividends.
The NJ Opportunity Zone Marketplace is an online portal to connect investors across the country with projects in New Jersey's 75 Opportunity Zone municipalities.