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CRE lender Procida clinches $39M judgment for Plaza Grande project
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CRE lender Procida clinches $39M judgment for Plaza Grande project
The basics: Procida Funding & Advisors awarded $39M judgment against developer John Fasciano Judgment enforces personal and completion guaranties tied to Plaza Grande 55+ residential community in Cherry Hill completed this summer with 77% occupancy Procida Funding & Advisors secured a $39 million judgment against a developer involving the Plaza Grande project in Cherry Hill. Completed this summer – after nearly two decades of work – the 55-plus…
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