Investors Bank concludes more than $ 556 million in mortgage loans
Investors Bank completed more than $ 556 million in Commercial Real Estate Loans (CREs) during the first quarter of 2021. The loans were made to refinance existing commercial mortgages, acquire facilities and build multi-family housing.
One of the bank’s most significant recent deals was a $ 45 million loan to refinance the existing commercial mortgage for a 104,500 square foot mixed-use building in Jersey City. The property houses 132 residential units and commercial spaces.
Among the bank’s recent CRE deals, a $ 13.4 million loan to refinance the existing commercial mortgage for a 46,600 square foot multi-family building in Kearny. The property houses 45 residential units.
Ribbon cutting for the restaurant Mi Lindo Mexico in Bayonne
An inauguration ceremony took place for the restaurant Mi Lindo Mexico, a new company in Bayonne. Located at 424 Avenue C, the Mi Lindo is owned and operated by Jose Manuel and Minerva Castro. They bring to Bayonne the authentic Mexican cuisine they grew up with. They offer a pick up and delivery service. Mayor Jimmy Davis, First Ward Council Member Neil Carroll, At-Large Council Member Juan Perez and Second Ward Council Member Sal Gullace were in attendance to celebrate the grand opening.
Rentals at Rivet 26 are now leased on the West Side of Jersey City
Hampshire, Claremont Development and Circle Squared Alternative Investments have announced the final stages of construction of RIVET 26, Jersey City’s latest luxury apartment complex located at 26 University Place Boulevard at University Place in the city’s west end . Pre-rental for new studio, one and two bedroom residences is now available.
The completion of RIVET 26 will mark the next chapter in the ongoing creation of University Place, a redevelopment plan designed to transform the emerging neighborhood of West Jersey City into a vibrant life-work-play community. Developed in collaboration with the University of New Jersey City and Jersey City, University Place will include the construction of eight buildings, 1,000 new luxury rental residences and access to more than 120,000 square feet of retail, a hub of performing arts, cafes, theaters and lush green spaces. space. When completed, RIVET 26 will join RIVET, a 163-unit luxury apartment building also completed by The Hampshire Companies, Claremont Development and Circle Squared Alternative Investments in 2019, as the next part of the visionary mixed-use master plan to create the last dynamic and pedestrian district.
Designed by project architect Netta Architects, RIVET 26 will bring 199 modern rental residences and 10,000 square feet of service-oriented ground floor retail to the University Place community. With interior design overseen by Interior Motives, RIVET 26’s 84 studios, 102 one-bedroom apartments, and 13 two-bedroom apartments echo the highest standards of city living with 9’6 ” ceilings, oversized windows, washer and dryer, contemporary kitchens with stainless steel appliances, undermount sinks, quartz counters, modern two-tone white and gray cabinets, mobile kitchen islands and subway tile backsplashes. Some residences also offer private outdoor space, dens and double vanities.
Property management services for RIVET 26 will be provided by RHO Residential. For more information on RIVET 26, call 201-204-0500 or visit www.Rivet26.com. For more information on the retail rental opportunities available, please contact Bobby Antonicello Jr. of Grid Real Estate at (551) 795-2836.
Two vets and a native Hoboken open salon
Jersey City SW3AT infrared sauna studio has announced the opening of a second location in Hoboken. With a location already in Jersey City, 172 Newark Ave., Third Floor, the Mile Square City location will open to the public on June 23 from 4 p.m. to 7 p.m.
The Hoboken location will be at 89 Hudson Street. SW3AT was created by Hoboken native Tamiah Brevard-Rodriguez and his wife Alyza. For this new location, Tamiah suggested Hoboken as it was personally meaningful for her to feel that she was giving back to the city where she grew up.
In this expansion, another Hoboken native stepped up. Local U.S. Navy veteran Sage McDonald will run the store as he leaves the military after five years of consecutive deployments.
There will be 15 free sessions available on a first come, first served basis. Send an email to [email protected] at RSVP.
Mile Square ELC Expands Preschool Program
A program designed to effectively prepare children for entry into the Hudson County Kindergarten program will be available to a larger group of parents than ever before. Mile Square Early Learning Center (MSELC), a provider of pre-kindergarten 3 and 4-year-old educational programs in Hoboken, has announced an expansion of its preschool bridging program with additional classrooms added in the Street building at 301 Garden St ., Hoboken.
The program uses a thematic learning model with children using blocks to learn balancing, measurement, and geometric and mathematical concepts. The sand and water table games allow children to learn to pour, measure, do science, etc. Puppets, dolls, housekeeping and dramatic play are used to encourage creativity and develop language skills. Tools of the Mind, used by the Hoboken Board of Education, for 3- and 4-year-olds has some of the elements built into the Preschool Transition Program to effectively combine the programs.
The preschool bridging program will grow from one classroom to four that will be fully equipped with a range of appropriate teaching materials, books and other important educational resources. In addition to providing children with tools to improve their math and science skills, weather maps, charts and polls, there are also daily outdoor activities and special trips for students to broaden their experiences. .
Registration has already started for the Fall 2021 MSELC Preschool Transition Program which is open to children who miss the preschool deadline in Hoboken, Jersey City, Weehawken and other local municipalities in Hudson County, formerly Abbott. Children whose parents work in the area will also be eligible.
The program, which runs Monday to Friday, 7:30 a.m. to 6 p.m., is offered to children 2.5 to 3.5 years old who will be 3 years old after the September 30 public school deadline. In addition, there are four options for the length of the day so that each family can tailor the care of their child to their needs. Families can also choose a 10 or 12 month option.
For more information on the program, pricing, and how to register your child, visit http://www.mselc1979.org or call 201-659-6086. Although there is no registration deadline, places are limited and will be available on a first come, first basis.
The HCCC Foundation organizes a fundraiser for a golf outing
The Hudson County Community College (HCCC) Foundation will be holding its 19th annual golf outing on Monday, July 12 at Forest Hill Field Club in Bloomfield. Proceeds from the event will go to HCCC students and the development of the College.
The golf outing will offer activities to appeal to golfers and non-golfers. The itinerary includes check-in from 8:00 am to 8:45 am; continental breakfast from 8 am to 9 am; departure of the shotgun at 9:30 am; and cocktails, lunch and awards ceremony at 2 p.m. Refreshments will be served on the green.
Sponsorship options are as follows: Lunch guest only $ 100; Sponsor of the hole $ 400; Individual golfer $ 500; $ 500 cigar sponsor; Sponsor of the hole with Quartet / VIP package $ 2,200; Sponsor of the $ 4,000 cocktail; Golf Cart Sponsor with Foursome $ 4,000; Breakfast Sponsor with Foursome $ 4,000; Breakfast Sponsor with Foursome $ 4,000; Prize Sponsor with Foursome $ 4,000; and tournament sponsor with Foursome $ 6,000.
More information and reservations are available by contacting Mirta Sanchez, Assistant to the Vice President for Planning and Development, at 201-360-4004 or [email protected]
Established in 1997, the HCCC Foundation is a 501 (c) (3) non-profit corporation that grants tax-exempt status to contributions. The Foundation supports and promotes the college and its students by raising awareness and developing financial resources.
The HCCC Foundation has awarded more than 2,000 scholarships, totaling $ 2 million, to students. Each year, students benefit from the hundreds of Good Books and Good Knives provided by the Fondation des Etudiants Culinaires. Each year, the Foundation also provides $ 40,000 to help students with course materials.