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Acier Holdings Secures $90 Million Loan for First Phase of Newark High-Rise Project

Initial Phase of The Halo Set to Be Completed by January 2024
Situated on a 0.6-acre parcel, the Halo will include 156 studios, 84 one-bedroom units and 57 two-bedroom units. (Parkview Financial)
Situated on a 0.6-acre parcel, the Halo will include 156 studios, 84 one-bedroom units and 57 two-bedroom units. (Parkview Financial)
By Andrea Lefever
CoStar Research
February 3, 2022 | 8:00 P.M.

Acier Holdings has secured a $90 million construction loan from Parkview Financial for the development of the first phase of The Halo, a high-rise apartment project at 289-301 Washington St. in Newark, New Jersey.

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