5-29-15

Real Estate Journal — May 29 - June 11, 2015 — 3A

www.marejournal.com

M id A tlantic

M id A tlantic R eal E state J ournal Showcases four repurposed historic school buildings Conifer presents at History& Historic Preservation Conf.

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ANOTHER SUCCESSFUL TRANSACTION $16,500,000 New Jersey Health Care Center SIZE: 94,556 SF CITY: ORADELL, NJ LENDER: LIFE COMPANY

M

t. Laurel, NJ — On June 4, 2015 Conifer LLC will

present a panel discussion at the 2015 History and His- toric Preservation Conference which will be held at The Hotel ML, 915 Rte. 73 Mount Laurel, NJ 08054. Conifer and their partners will showcase four public/private partnerships where they renovated historic school buildings and repur- posed them into affordable senior housing, keeping with the theme of this year’s Con- ference: “New Perspectives on the Past”. Since 2013, Conifer’s New Jersey office rehabilitated four different historic school build- ings: the Gregory School in Long Branch, the Springside School in Burlington Twp., the Lawnside Meadows Apart- ments in Lawnside and most recently completing the Duffy School in Florence, NJ. According to Sam Leone , vice president of development for Conifer, LLC, “Each proj- ect is unique and has its own set of challenges but, when we are finished we have success- fully saved another historic

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Springside School

construction jobs, and provide the opportunity for Seniors to remain in their community and continue to support the local business community. During the 3 – 4:25 pm panel discussion titled: Stu- dents to Seniors: Adapting New Jersey's Historic School Buildings, Leone will be join with members of each proj- ect’s team to explain how they collaborated their efforts to secure funding, incorporate continued on page 14A

structure that is significant to the community.” Leone adds, “The redevelop- ment of these schools in this manners allows these historic properties to continue to add value to the community. Their historic significance is pre- served, while providing a high quality living environment for our Seniors. The economic benefit goes beyond saving the structure and adding it to the tax rolls; these projects create hundreds of temporary

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ABSOLUTE AUCTION 30.66± ACRES Prime Development Land!!

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Mid-Atlantic Real Estate Journal, 1/4 page, May 29 & June 12

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