Schultz -Hill Foundation | Mr. Mark Callazzo becomes newest board member
January 9, 2017 http://www.schultz-hill.org/ By: Board of Directors Dear Friend of the Schultz -Hill Foundation: First Happy New Year to you and your Families, We so hope 2017 will be a Healthy and Happy New Year to you all! We have some Exciting Projects and Programs as we celebrate our 15th Anniversary! We wanted to share with you what we will be […]
NJ.com | Could Wisconsin agency solve American Dream financing delay?
April 28, 2016 By: Myles Ma EAST RUTHERFORD — Triple Five, the developer of American Dream Meadowlands, is considering changes to a $1 billion bond offering for the mall, including using a Wisconsin state agency rather than the borough of East Rutherford to issue most of the bonds, The Record reported. Triple Five announced earlier in […]
Kingston Times | Charles Ferri aims to bring ‘destination distillery’ to Esopus
December 28, 2015 The way he tells it, Charles Ferri had always wanted to get back to the Hudson Valley and set up a top-notch distillery. The way there just happened to go through Oregon. Ferri, who grew up in Hopewell Junction and graduated from John Jay High School, worked on Wall Street for a […]
Crain’s New York Business | Crowdfunding Reshapes Real Estate Finance
October 2, 2015 When Cayuga Capital Management wanted to raise about $7 million for a 24-unit, four-building rehab of a mixed-use commercial building in Bushwick, Brooklyn recently, it turned to the real estate crowdfunding site Fundrise. The developer raised $1.5 million in preferred equity, in addition to raising financing from other sources, such as a […]
Press of Atlantic City | Vacant A.C. building being converted to apartments
October 4, 2015 By: John Santore Dozens of new apartments on Atlantic Avenue in downtown Atlantic City could hit the market next spring if a developer’s plans are realized. Mark Callazzo, the CEO of Alpha Funding Solutions and the owner of the The Iron Room and the Atlantic City Bottle Co., said he purchased the […]
Philadelphia Magazine | Changing Tide: Millennial-Driven Apartment Development Planned for Atlantic City
June 29, 2015 The apartment building at North Boston and Atlantic Avenues | Via Google Street View BY JAMES JENNINGS It seems like the lion share of development in Philadelphia these days is geared at capturing the ever-wandering attention of the young professional, also known as millennials. No matter what you call them, their influence isn’t […]
Mid Atlantic Real Estate Journal | The Softer Side of Hard Money
June 12, 2015 By: David HanselOriginal Article: Click Here
The Real Deal | Old homes come down as the market heats up
June 1, 2015 Old homes come down as the market heats up Teardowns are back in vogue as small developers place big bets on residential real estate By Elaine Pofeldt “The Real Housewives of New Jersey” cast member Joe Gorga built a 3,500-squarefoot, four-bedroom home in Montclair that could sell for $1 million. With new […]
Press of Atlantic City | Guardian: Atlantic City budget down $30 million from last year
February 19, 2015 By JOHN V. SANTORE, Staff Writer ATLANTIC CITY — At his official State of the City presentation Wednesday, Mayor Don Guardian pledged to “do everything humanly possible to avoid a property tax increase in 2015.” The official budget he’ll present in June will come in at $235 million, a $30 million drop compared with […]
Philly.com | Flipping Homes For 20 Years and Counting
January 15, 2015 Terrell Arnold, 40, stands in what will be the living room of his next house flip on the 1800 block of Wharton Street. Lauren Mennen/Philly.com By: Lauren Mennen Terrell Arnold learned some of his earliest house flipping lessons during his teen years. Growing up in West Philadelphia in the 1980s, Arnold spent his […]