Less than two years after acquiring a 0.62-acre site in downtown Newark, a developer has tapped Meridian Capital Group to market it as a multifamily investment in one of the city’s many Opportunity Zones. An investment sales team led by David Schechtman, a senior executive managing director at Meridian, is advising Lakewood, New Jersey-based Acier Holdings as it seeks $40 million for the redevelopment site at 289-301 Washington Street. The 594-unit project, known as The Halo, will include […]
source https://therealdeal.com/tristate/2019/07/31/developer-seeks-40m-for-oz-site-in-downtown-newark/#new_tab
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