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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.
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.
Paterson Art Factory set for revitalization under new owner
The site is looking toward a major revitalization, with Gensler's Morristown office recently hosting a design charrette with Procida Funding & Advisors as well as city business and community leaders to discuss bringing the 5-acre property and its circa 19th century buildings into the future.
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.
Adaptive reuse Titan Union brings luxury living to downtown Union (slideshow)
Developed by a longtime resident, with involvement from Procida Funding, the project debuted 30% pre-leased.
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.
Paris Square celebrates launch of last units with ribbon cutting (slideshow)
As the final section of homes opens up at the 55+ community in Bergen County, take a look at what has residents flocking to Northvale.
Plans unveiled for $40M Paterson mixed-use redevelopment
Over the past 10 years, Procida Funding has overseen more than $60 million worth of real estate projects in the city. On Wednesday, the firm joined with Mayor Andre Sayegh to reveal designs for a new proposal: Great Falls Lofts, a 127-apartment project that would be located at the former Miesch Manufacturing mill.
