Jackson’s Adventure Crossings foreclosure problems deepen as second parcel defaults, debt tops $37M

6 days ago 1

Mounting loan failures across separate properties signal escalating financial collapse in Jackson megaproject.

Jackson, NJ – The long-troubled Adventure Crossings development in Jackson Township is facing a deepening financial crisis, as a second portion of the sprawling project has entered foreclosure, pushing total debt exposure to more than $37 million, according to newly filed court records.

The latest foreclosure action, filed by Provident Bank, targets loans tied to a separate but adjacent parcel within the development, signaling that ...

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