We look forward to providing the same to all of the surrounding residents when the Ocean is operational,” Deifik added. “We are grateful for the wonderful team at JP Morgan and others that helped us on this eight month journey, and we would especially like to thank Atlantic City and the State of New Jersey for their hospitality, thoughtfulness and professionalism. Now the city has a number of exciting new projects with our property and the Hard Rock, as well as Stockton University’s new campus and the expansion of the medical center,” said Bruce Deifik, the Chairman of AC Ocean Walk. “We are incredibly excited that we were able to take advantage of the opportunity to acquire this tremendous property at a time when Atlantic City is seeing great economic strides. AC Ocean Walk, formerly known as Revel and built in April 2012 at an investment of nearly US$3 billion, will begin work to ready the property for operation immediately, with plans to open in summer 2018.
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