News

Jersey Digs
jerseydigs. com > truamerica-buys-the-grove-somerset

Los Angeles Investor Enters New Jersey Market With Somerset Apartment Purchase

2+ hour, 42+ min ago  (624+ words) Tru America Multifamily believed something was missing geographically in its portfolio, but that was remedied in June when it bought The Grove Somerset, a 384-unit apartment community in Somerset. Based in Los Angeles, Tru America would not disclose the purchase…...

Symbols: nyse:mmi
Jersey Digs
jerseydigs. com > 1888-studios-bayonne-award

Paramount-Backed 1888 Studios in Bayonne Wins Award

3+ week, 2+ hour ago  (332+ words) A film studio under construction that will become the largest in the Northeast has been recognized for a major deal they struck last year as Bayonne has solidified itself as an emerging development hotspot. Construction began last year on the…...

Symbols: nyse:vno,nyse:hpp
Jersey Digs
jerseydigs. com > hudson-valley-way-camden-apartments

Camden Tower Once Plagued by Crime Reopens After $48 Million Transformation

4+ week, 1+ day ago  (737+ words) The atmosphere at last Thursday's ribbon-cutting for the rehab of a 21-story apartment tower in Camden was festive, with more than the usual amount of hugging between the developers and government officials, and each side applauding the other. Camden Mayor…...

Symbols: btc-usd
Jersey Digs
jerseydigs. com > the-grandline-palisades-park-development

Palisades Park Approves 510-Unit "Destination" Development on Grand Avenue

1+ mon, 1+ week ago  (270+ words) The path has been cleared to transform a retail property in Bergen County into a new mixed-use development that aims to create a new center of commerce with retail, open space, and more. The Palisades Park Planning Board recently greenlit…...

Symbols: btc-usd
Jersey Digs
jerseydigs. com > newark-anheuser-busch-brewery-sells

Newark Anheuser-Busch Brewery Sells for $360 Million

1+ mon, 2+ week ago  (338+ words) An iconic brewery that was seen by millions of travelers passing through Newark Liberty International Airport will soon be a memory of the Garden State, as a new logistics center is in the works for the former beer production facility....

Symbols: nyse:bud
Jersey Digs
jerseydigs. com > ipic-theater-fort-lee-sale

Two Buyers Emerge for Fort Lee's Bankrupt i Pic Theater

1+ mon, 4+ week ago  (342+ words) With days left before their New Jersey movie palace is set to close, i Pic has not one but two suitors seeking to buy the company's assets as part of ongoing court proceedings. Jersey Digs reported some sad news earlier…...

Symbols: nasdaq:ipvu
Jersey Digs
jerseydigs. com > nick-castellanos-sells-moorestown-mansion

Nick Castellanos Sells 10, 000-Square-Foot Mansion in Moorestown

2+ mon, 1+ hour ago  (198+ words) Former Philadelphia Phillies star Nick Castellanos has parted ways with his 10, 000-square-foot home in Moorestown. The MLB star, who is currently playing for the San Diego Padres, sold the 2019 mansion for $4. 89 million four years after he purchased it from NBA…...

Symbols: d05.S0,u11.S0,z74.S0,m03.S0,585.S0,5ly.si
Jersey Digs
jerseydigs. com > new-jersey-electricity-rate-increase

Senate Report Says New Jersey Saw Highest State Electricity Rate Increase Last Year

2+ mon, 2+ week ago  (212+ words) The cost of energy was a huge campaign issue in the Garden State gubernatorial race last year, and a new report out of Washington D. C. says that New Jersey saw the largest electricity rate spike in the entire country over 2025. Minority…...

Symbols: nyse:nee
Jersey Digs
jerseydigs. com > 253-orange-st-newark-development

Newark Developer Pedro Gomes Wins Zoning Approval for 14-Story High-Rise on Orange Street

2+ mon, 4+ week ago  (495+ words) For years, developer Pedro Gomes has dreamed of putting a high-rise on Orange Street. In a career that has churned out 1, 000 new apartments, building a tower is the one thing that has eluded him. Last month, his first high-rise building…...

Symbols: aho,ami,njeda