Procida Funding & Advisors Historic Belle-Freeman Amusement Pier Loan: $10 Million
Institution: Procida Funding & Advisors Financier: Procida Funding & Advisors Location: Seaside Heights, NJ Size: 2.5 acres on land. 5.6 acres when including Riparian Rights. To revitalize Seaside Heights, N.J.’s historic pier, Procida provided a $10 million construction loan to The Mabie Group, a repeat client. Procida is known for its vision and capital to get deals done for clients and the communities it serves. Mabie is reconstructing the Belle-Freeman Amusement Pier, which dates back to the 1920s and was destroyed by Superstorm Sandy and a subsequent fire. READ MORE