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Procida wins $39 million judgment against ex-developer of Cherry Hill housing project – Real Estate NJ
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Procida wins $39 million judgment against ex-developer of Cherry Hill housing project – Real Estate NJ
Plaza Grande at Haddonfield Road and Chapel Avenue in Cherry Hill — Courtesy: Procida Funding & Advisors LLC By Joshua Burd Procida Funding & Advisors LLC has secured a $39 million judgment against a former borrower and builder of a once-stalled senior housing development in Cherry Hill. The lender on Tuesday said the judgment, issued Sept. 30 by a state Superior Court judge, stems from a $130 million refinancing and construction loan that its 1…
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