Stockton Deal With Showboat, Which It Once Owned, Involves Up to 400 Rooms in New Jersey To get a sense of how the pandemic is changing student housing, look no further than Atlantic City, New Jersey, America’s second-biggest gambling hot spot. Stockton University is planning to house some of its students in a hotel in… Read more »
Posts Tagged: Atlantic City commercial real estate
Booming Borgata in Atlantic City Plans $14 Million Renovation
Hotel-Casino Spends for New Lobby Bar, Face-Lift for Suites The Borgata Hotel Casino & Spa, the top gambling moneymaker in Atlantic City, New Jersey, is trying to up its game, spending $14 million for improvements to spiff up its lobby and suites. The 2,000-room property at 1 Borgata Way in Atlantic City’s marina district will be adding… Read more »
WinnCos. Pays $17.3 Million for Atlantic City Affordable Housing Complex
Acquisition Includes 153 Units Across Three Adapted Reuse Sites in Opportunity Zone; Upgrades Planned The development arm of WinnCos. has acquired a portfolio of affordable housing properties for $17.3 million in Atlantic City, New Jersey, under the federal Opportunity Zone program. The Boston-based real estate firm bought Sencit Liberty, a scattered-site complex featuring 153 units… Read more »
Stockton University OKs Atlantic City Student Housing Partnership
But Board Says It Needs Extra $5 Million a Year from State for Project With AC Devco to Move Forward Stockton University has decided to move ahead with plans to expand student housing for its Atlantic City, New Jersey, campus, but it says it can’t proceed unless it gets financial help from the state of… Read more »
Atlantic City Bets on Resurgence with New Oceanfront Campus
Atlantic City business and government officials are hailing the recent opening of Stockton University’s $178.3 million campus on the gambling mecca’s fabled boardwalk as a positive sign for the long-awaited economic recovery for New Jersey seaside community long down on its luck. “This is the first non-casino development project in this city in years …… Read more »
Stockton University Takes Another Bet on Atlantic City
In yet another expansion into the Atlantic City market, Stockton University has agreed to buy the Atlantic Club Casino Hotel property, which has been closed since January 2014. The sale, and Stockton’s continued investment in the Atlantic City market, is yet one more piece in the comeback of the city that still uses America’s Playground… Read more »
