Plaza Grande

Aerial community shot of The Plaza Grande, a 55+ residential community, in Cherry Hill. - PROVIDED BY PROCIDA FUNDING
Oct 20, 2025

CRE lender Procida clinches $39M judgment for Plaza Grande project

Repped by Cole Schotz, the CRE lender prevailed against the developer for enforcing guaranties and completing the 55-plus rental community.

Aerial community shot of The Plaza Grande, a 55+ residential community, in Cherry Hill. - PROVIDED BY PROCIDA FUNDING
Jun 17, 2025

Cherry Hill 55+ community lands $140M for final phase

Procida Funding & Advisors secured financing for the 507-unit final component at the former Garden State Park racetrack redevelopment project as active adult properties show increasing market strength.

Aerial community shot of The Plaza Grande, a 55+ residential community, in Cherry Hill. - PROVIDED BY PROCIDA FUNDING
Mar 24, 2025

55+ community nears finish line at former Cherry Hill racetrack

A little more than a year – 400 days, to be precise – since taking possession of the property, Procida Funding & Advisors announced its imminent arrival March 21.

The site will include more than 18,000 square feet of indoor amenities, including this clubhouse.
Aug 15, 2023

Procida acquires former Garden State Park racetrack project (updated)

The Cherry Hill community will feature one- and two-bedroom luxury residences, with rental rates starting at $2,300.