CALL US 732.418.1777


Developer secures $15 million loan for Somerville rental project, Meridian says

Posted On 5/16/2018

  By Joshua Burd Meridian Capital Group has brokered $15 million in financing for the development of a new 60-unit luxury rental property in downtown Somerville. Working on behalf of the developer, Robert Weiss of Weiss Properties, Meridian sourced the construction loan through a regional balance sheet lender. The funds will support the midrise property […]

Read More

Somerville: Former Social Security Building Demolished to Make Way for Apartments

Posted On 3/12/2018

By ROD HIRSCH SOMERVILLE, NJ – A work crew demolished the former Social Security office building on Davenport Street Monday morning. The building had been surrounded by a chain link fence and orange safety barrels the past two weeks in preparation for demolition of the one-story building, which had fronted on the borough’s Parking Lot […]

Read More

Weiss: New upscale rental project is latest step forward for Somerville

Posted On 3/12/2018

The Cobalt, a 117-unit apartment community in downtown Somerville — Courtesy: Minno & Wasko By Joshua Burd Robert Weiss had owned the site for some 20 years. But it was only recently that he could tap into the potential of a property that is steps from both a commuter train station and downtown Somerville. The […]

Read More

Somerville: Cobalt Apartments to Receive Land Development and Planning Award

Posted On 2/16/2018

Article Published HERE SOMERVILLE, NJ – The Somerset County Board of Chosen Freeholders and the county Planning Board will honor six local projects, including the Cobalt Apartments on Veterans Memorial Drive at the 35th annual Land Development and Planning Awards at 6 p.m. Tuesday, Feb. 20, in the Freeholder Meeting Room, located on the third floor of […]

Read More

Somerville apartment building celebrates grand opening

Posted On 11/3/2017

Article Published HERE SOMERVILLE – Robert Weiss believes in Somerville. “We’re pretty excited,” said Weiss, whose company, Weiss Properties, this week celebrated the grand opening of The Cobalt apartments on Veterans Memorial Drive  and will be starting construction on The Davenport, a 60-unit apartment building on Davenport Street, early in 2018. And Somerville appreciates the faith that Weiss […]

Read More

Somerville Awarded $670,000 for Veterans Memorial Drive East Traffic Improvements –

Posted On 4/13/2017

Article Published HERE TRENTON, NJ – Somerset County has been awarded a $670,000 grant through the federal Safe Routes to School program to fund a traffic safety improvement project in Somerville on Veterans Memorial Drive East. The New Jersey Department of Transportation, in partnership with the North Jersey Transportation Planning Authority administers the grant program; a total […]

Read More

Somerville Planning Board Approves Plans for 5-Story Apartment Building on Davenport Street –

Posted On 7/20/2016

Article published HERE SOMERVILLE, NJ – The Borough Planning Board approved plans Tuesday night for a five-story apartment building that will be built on the present site of the one-story building where the Social Security office is now located on Davenport Street. Developer Robert Weiss scaled back his original proposal which had met with opposition […]

Read More

Somerville may see another apartment building – MYCENTRAL JERSEY.COM

Posted On 11/18/2015

Article published HERE SOMERVILLE – Another apartment building may be coming to the borough. Robert Weiss, of Weiss Properties, unveiled his proposal at Monday’s Borough Council meeting to build a 72-unit apartment building on Davenport Street on the property that now houses offices, including the Social Security Administration. At the end of his presentation, the […]

Read More

Somerville builder gets $23 million loan for apartments – MYCENTRAL JERSEY.COM

Posted On 11/19/2014

Article published HERE SOMERVILLE – The developer of a 117-unit apartment building on Veterans Memorial Drive has received a $23.6 million loan for the project. one of several expected to bring new hundreds, if not thousands, of new residents into the Somerset County seat. Weiss Properties, headquartered in New Brunswick, received the loan from Amboy Bank, based […]

Read More

Eastern Union Brokers $46M Revolving Construction Facility For NJ Townhomes – commercial

Posted On 5/1/2014

Article published HERE New Jersey-based residential developer Weiss Properties received a $46.6 million revolving construction loan for The Avery, a townhome community located at 10 Lincoln Square in Willingboro, N.J., Mortgage Observer has exclusively learned. Shaya Ackerman of Eastern Union Fundingbrokered the $40 million construction construction facility, which features a $6.6 million earn-out, from Investors Bank, confirmed Joseph Orefice, head of commercial real estate […]

Read More