Caesars Entertainment Inc. on April 20 released details about its $400 million master plan investment in Atlantic City, where it owns and operates three of the region’s casino destinations–Caesars, Harrah’s Resort and Tropicana Atlantic City. The plans include remodeled room towers, freshly appointed interior design elements; enhancements to the casinos’ gaming floors, new dining concepts… Read more »
Ocean Casino Resort doubles down on recent success with a reinvestment of $15 million into the resort, team members, and surrounding North Beach community. “Ocean’s interest in our people, product, and community is a testament to the progressive direction our property is moving toward as we enter into the summer months,” said Terry Glebocki, Chief Executive Officer for Ocean Casino Resort. “As… Read more »
In its first acquisition in New Jersey, the affordable-housing arm of Standard Cos. has purchased and will renovate Baltic Plaza Apartments, a 169-unit senior housing development in Atlantic City, in a $38 million deal. Standard Communities, part of New York City-based Standard Cos., bought 1313 Baltic Ave. in partnership with the U.S. Department of Housing and Urban Development and… Read more »
An entrepreneurial Detroit family that owns the Little Caesars pizza chain as well as a casino in the Motor City plans to acquire up to 50% ownership in the Ocean Casino Resort in Atlantic City, the seaside New Jersey gambling mecca that’s the nation’s second biggest gaming market. Luxor Capital Group, a New York City… Read more »
WCRE is proud to have exclusively represented South Jersey Legal Services in the long-term renewal and expansion of their 6,073 square foot office lease located at 1300 Atlantic Avenue in Atlantic City, New Jersey. South Jersey Legal Services chose to renew and expand at 1300 Atlantic Avenue due to its excellent location within the Atlantic City… Read more »
