Owner of NJ's American Dream Mall Faces $1.2B Loan Default, Construction Liens
ENR Construction
APRIL 23, 2021
Pandemic-spurred financial woes are nightmares for Canadian developer Triple Five on the $5B retail and entertainment complex outside NYC.
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Construction Liens, $1.2B Loan Default Are Nightmares for NJ Mega Mall Owner
ENR Construction
APRIL 23, 2021
Pandemic-spurred financial woes of $5B American Dream retail complex pose challenge for Canadian developer Triple Five.
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STATE INCENTIVES GUIDE
Buisness Facilities Contributed Content
MARCH 21, 2014
The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.
State by State Incentives Guide
Buisness Facilities Contributed Content
APRIL 15, 2014
ENERGY EFFICIENCY REVOLVING LOAN FUND (EE RLF): New Jersey-based commercial, institutional or industrial entities (including 501(c)(3) organizations) that have received an approved Energy Reduction Plan under the NJ Board of Public Utilities’ Pay for Performance program may be eligible for supplemental financing through the EE RLF.
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