Recent Transactions
The principals of Nassau Capital Advisors have provided financing and development advice and management to a distinguished roster of real estate clients, both public and private, including the following:
Pennytown Redevelopment Project, Hopewell Township, NJ
The firm currently serves as development advisor for a corporate client which owns an 85-acre designated redevelopment site in Hopewell Township undergoing rezoning for development of a 300+ unit residential and retail village. As part of the assignment, Nassau Capital has provided market feasibility analysis to the client regarding the appropriate product mix to include in the proposed development; project management services in connection with procurement of water and sewer treatment services and environmental permits; and advice regarding negotiations related to zoning and the terms of a redevelopment agreement for the development property.
Princeton, NJ Downtown Redevelopment Project
The firm’s principals were engaged to manage the design, construction and financing of a $35 million mixed use development in the heart of Princeton, NJ. The project was undertaken beginning in 2004 as a public/private partnership with the Borough of Princeton, and is located on a former Brownfields site which was remediated by PSE&G as part of the development process. The project features two new luxury apartment buildings, retail space, and a 500-car parking garage. In 2005 the project received the coveted “Smart Growth” award from New Jersey Future.
The Port Authority of New York and New Jersey
Nassau Capital was selected by Port Authority to lead a multi-disciplinary team to assess the financial feasibility of developing 1,000,000 sq. ft. of modern warehouse space at a number of underutilized sites at Port Newark, NJ.
City of Trenton and a municipal redevelopment corporation
Mr. Powell of the firm served as senior project manager on behalf of the City in organizing approvals and financing for construction of new $55 million Marriott Hotel and Conference Center and attached parking garage in downtown Trenton on Brownfields site.
Merrill Lynch & Co.
The firm served as Merrill Lynch’s exclusive agent in the assemblage of 400 acres of land in connection with the development of the firm’s 1.2 million square foot corporate campus in Hopewell, NJ. Nassau Capital also represented Merrill Lynch in procuring approximately $23 million in economic development incentives for the Hopewell project, and a multi-million dollar incentive package in connection with a 220,000 sq. ft. lease transaction in Jersey City, NJ.
The Henderson Group, Philadelphia, PA
Principals of the firm represented this substantial Pennsylvania developer as exclusive agent in the sale of a 371,000 sq. ft. class A office portfolio in the Philadelphia market, to Mack-Cali Realty, a national REIT organization.
City of Long Branch, NJ
The firm currently provides advisory services to Long Branch and its designated redeveloper, The Applied Cos., Hoboken, NJ, on land acquisition and condemnation strategies, including expert witness testimony in eminent domain cases, in connection with the Long Branch, NJ Waterfront Redevelopment Project.
City of Asbury Park, NJ
Nassau Capital has provided extensive expert witness testimony and related financial analysis in connection with eminent domain proceedings undertaken by the City in connection with the Waterfront Redevelopment Project.
Vineland Construction Co., Vineland, NJ
Project management services and financial feasibility analysis related to multi-family redevelopment projects in Pennsauken and Lawnside, NJ.
Cranford Township, NJ
The firm provided financial advisory services to the Township in connection with the planning and structuring of Cranford Crossing, a mixed use downtown redevelopment project near the train station, which was built by a private developer and has sparked further downtown revitalization in the community.