Posts Tagged: Atlantic City

Standard Acquires, Plans To Renovate Atlantic City Senior Housing Complex

Baltic Plaza Apartments Atlantic City NJ

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 »

Detroit’s Ilitch Family To Buy Stake in Ocean Casino in Atlantic City

Motorcity Hotel and Casino

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 »