Client Testimonial

"Monge Capital played a critical role in creating and executing a public and private capital plan that ensured us project feasibility and a market return."

Marc Berson, President of Fidelco Realty
Real Estate Advisory Services


Rock Plaza Lofts
  • Deal Overview: Monge Capital played a critical role in the transformational redevelopment of approximately 110,000 SF of dilapidated buildings in downtown Newark adjacent to the Prudential Center into a vibrant Live, Work, Play and Create mixed use project headlined by Dinosaur BBQ, Rita’s Ice, an Art Gallery and over 80 mixed income housing units.
     
  • Project Cost: $40M
     
  • Deal Facts: Over 150 construction and 100 permanent jobs created.
     
  • Services Provided: Capital and real estate advisory services including underwriting, negotiating, structuring and closing $40 million of private and public financing consisting of Federal New Market Tax Credits, Historic Tax Credits, bank financing and a NJ Economic Redevelopment Growth Grant.