Owner of NJ's American Dream Mall Faces $1.2B Loan Default, Construction Liens
ENR Construction
APRIL 23, 2021
Pandemic-spurred financial woes are nightmares for Canadian developer Triple Five on the $5B retail and entertainment complex outside NYC.
84 
Construction Liens, $1.2B Loan Default Are Nightmares for NJ Mega Mall Owner
ENR Construction
APRIL 23, 2021
Pandemic-spurred financial woes of $5B American Dream retail complex pose challenge for Canadian developer Triple Five.
Join 116,000+
professionals
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
State by State Incentives Guide
Buisness Facilities Contributed Content
APRIL 15, 2014
ENERGY EFFICIENCY REVOLVING LOAN FUND (EE RLF): New Jersey-based commercial, institutional or industrial entities (including 501(c)(3) organizations) that have received an approved Energy Reduction Plan under the NJ Board of Public Utilities’ Pay for Performance program may be eligible for supplemental financing through the EE RLF.
STATE INCENTIVES GUIDE
Buisness Facilities Contributed Content
MARCH 21, 2014
The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.
Project Research Matters: Lessons From a Recent New Jersey Lien Case
Levelset
OCTOBER 31, 2024
One of the most effective ways to secure that payment is by filing a construction lien. Filing a proper lien claim requires accurate information. Ultimately, Marjam claimed they were unpaid for the equipment and materials provided, so they filed a construction lien on the vacant lot for $136,180,02.
Let's personalize your content