JLL Capital Markets Secures $45.5 Million Refinance Loan for Village Manor and Palisades Manor Apartment Communities in New Jersey

CHICAGO, IL - JLL Capital Markets announced today that it has arranged $45.5 million in financing for two multi-housing properties totaling 321 units in the northern New Jersey communities of Nutley and Palisades Park, New Jersey.
JLL worked exclusively on behalf of the borrower, Tidewater Real Estate, to place a $31.5 million loan for Village Manor and a $14 million loan for Palisades Manor through its correspondent relationship with John Hancock. Both fixed-rate loans have a 30-year...

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