Acore Capital Loans $65M For New Jersey Multifamily Project

By Andrew McIntyre (March 16, 2021, 6:05 PM EDT) -- Acore Capital has loaned $65 million to Capodagli Property for a multifamily project in Roselle Park, New Jersey, according to an announcement from the companies on Tuesday.

The loan to Capodagli Property Co. is for 10 Westfield Ave. West, where the developer plans to build 325 multifamily units as well as 16,000 square feet of retail space and a parking garage with 518 spaces, the announcement said.

The property is located three miles west of downtown Elizabeth, New Jersey, and eight miles west of Newark Liberty International Airport.

"We are enthusiastic and thankful to work with the town of Roselle Park...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!