"Hayden Real Estate Investment held its second closing on an investment fund and expanded its partnership.
The Conshohocken real estate company has lined up about $85 million and formed a joint venture with Miller Investment Management, a Conshohocken investment firm that will become a co-general partner in the fund. The fund is expected to have a final close with $100 million in commitments within the next 90 days. The money will be spent buying distressed real estate …
Salvage Direct Inc. leased a 20-acre site in New Britain, where it will operate its consignment and other salvage operations. The company leased the parcel at 77 Bristol Road. The company is used by insurance companies and financial institutions to sell online salvage vehicles to licensed dealers and dismantlers. Its corporate headquarters is in Titusville. … Infinity Mortgage Co. signed a lease at 7 Carnegie Blvd. in Cherry Hill. The new space will serve as Infinity Mortgage’s main office and is a result of expansion. EwingCole, a Philadelphia architectural firm, is designing a new two-story, 59,000-square-foot cancer center for Pocono Medical Center in East Stroudsburg. The building will allow the medical center to expand and consolidate two other facilities it operates."
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