2021
New Loan Origination: Cherry Hill, NJ
LOAN AMOUNT $130,000,000 LOAN TYPE Construction PROPERTY DESCRIPTION 33.82 ACRES • 55+ ACTIVE ADULT COMMUNITY • 16 RESIDENTIAL BUILDINGS • 507 UNITS • 18,500 SF
2021
Nest Micro Apartments Completed & Paid Off
Procida Funding’s $18,500,000 Construction Loan Completes 122-unit Micro-apartment Building In Jersey City “You got people that have invested hundreds of millions of dollars here in
2021
Procida Celebrates 25 Years In Business, $5 Billion Funded, Built, & Fixed
Procida Funding offers construction financing for all asset classes excluding single-family residential. Our team’s experience in the Tri-State area, knowledge of local markets, and background
2021
Northvale’s Paris Square Luxury Condos To Move Forward on Final Phase With Local Dream Team
Northvale, NJ – (January 4, 2021) – New Jersey-based development entity, Northvale Greens LLC, has assembled a team of well-regarded local real estate professionals to
2020
Procida Keeps Rocking on North Broad Street
PHILADELPHIA, PA– (November 13, 2020) – Nearly two years after Bob Dylan celebrated the opening of The Met Philly, Procida Funding has been repaid. Starting
2020
NJBIZ Commercial Real Estate Power 50
Procida, The CEO of Procida Funding & Advisors, takes a local approach with his 100 Mile Fund, financing commercial real estate development within 100 miles
2020
Procida Funding Provides a $39,850,000 Construction Loan to Repeat Client In Carteret
Carteret, NJ- (October 8, 2020) – New Jersey based commercial real estate lender, Procida Funding, announced today it provided a $39,850,000 construction loan, on behalf
2020
Procida Funding Closes Pair Of Deals For Repeat Client Charles Florio
185 Broadway, Paterson, NJ Loan Amount: $7,275,000 Construction Loan 326 East 16th Street, Paterson, NJ Loan Amount: $2,250,000 Construction Loan PATERSON, NJ – (SEPTEMBER 23,
2020
Procida Funding Finances The Construction of A $52,500,000 Multifamily Development
Procida Funding Finances The Construction of A $52,500,000 Multifamily Development in North Bergen Township Englewood Cliffs, NJ – (AUGUST 21, 2020) – New Jersey-based commercial
2020
Procida Funding’s $8,750,000 Bridge Loan Paid off with Conventional Financing
Englewood Cliffs, NJ – Procida Funding provided an $8,750,000 loan to Sleepy Hollow Holdings, LLC in February 2019 for the acquisition of and capital expenditures