NJ Development Gets $52M

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NorthPoint Development’s 2.26-million-square-foot transportation, distribution and logistics (TDL) center on the Southeast Side will receive $52 million in tax increment financing (TIF) from the city. Tax benefits for NorthPoint’s redevelopment of the former Republic Steel site, which broke ground in February, were approved by the City Council last week.

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Mantua Township is located in the middle of Gloucester County, New Jersey and 16 miles outside of Philadelphia. It is situated on an elevated bluff overlooking Mantua Creek, from which the.

Jacksonville Office Campus Commands $52M A joint venture between Somerset Properties and Ten capital management acquired the three-building business park. CBRE assisted the seller in the transaction.

ABS Altman Warwick, the capital markets division of ABS Partners Real Estate, has secured a $52.5-million construction loan on behalf of The Benjamin Companies for the development of The Vistas of Port Jefferson, a senior housing complex in the Long Island community of Port Jefferson, NY. Brian Warwick and Burt Miller of ABS Altman Warwick.

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Owner of large Bronx building gets $52M refi.. $6 million and consolidates the remainder of a $50 million 2011 loan from Capital One for JJ’s building at 2501 Grand Concourse, according to.

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A community development corporation is planning a 84 unit apartment building in the Park Heights neighborhoodwich is the type of project that the new Neighborhood Impact Investment Fund could support.

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