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Investors take minority ownership in Newark tower.

Publication: Real Estate Weekly
Publication Date: 21-OCT-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Investors take minority ownership in Newark tower.(Brief article)

Article Excerpt
Diversified Capital, Inc., owners of the 180,000 s/f 24 Commerce Building in Newark, N.J., has reached an agreement with Lane Capital to provide long-term financing for the asset and to take a minority ownership stake in the property.

The alliance will provide the necessary capital to finish the renovation...

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