The Crossings at Brick Church Station Sees Close on First Phase of $133.5M Recapitalization in East Orange

The Crossings at Brick Church Station sees close on first phase of $133.5M recapitalization in East Orange

Co-Developers Triangle Equities and Incline Capital in Summit announced the close on the recapitalization of construction financing for the first phase of The Crossings at Brick Church Station in East Orange, a transformative, amenity-rich, mixed-use development. The recapitalization totals $133.5 million, led by a $115 million senior secured bridge loan from funds managed by affiliates of Fortress Investment Group and $16.5 million in Low Incom…

Developers of massive mixed-use project in East Orange land $134 million recap – Real Estate NJ

Triangle Equities and Incline Capital have launched leasing at the first phase of The Crossings at Brick Church Station on Main Street in East Orange, which includes 400 apartments and retail space anchored by ShopRite. — Renderings courtesy: Triangle Equities By Joshua Burd The team behind The Crossings at Brick Church Station in East Orange has closed on nearly $134 million in new financing and capital for the project, where leasing is underwa…

First Phase of East Orange MXU Closes on $133M Recapitalization

Co-developers Triangle Equities and Incline Capital closed on the recapitalization of construction financing for the first phase of The Crossings at Brick Church Station, a mixed-use development located directly adjacent to NJ Transit’s historic Brick Church Train Station in East Orange, NJ. The recapitalization totals $133.5 million, led by a $115-million senior secured bridge loan from funds managed by affiliates of Fortress Investment Group a…