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$21 5M loan secured for New Jersey grocery-anchored retail center

$21 5M loan secured for New Jersey grocery-anchored retail center
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$78M refinancing secured for Bergen County multi-housing community

JLL Capital Markets announced today that it has closed the $78 million refinancing of The Current on River, a 254-unit, newly constructed multi-housing community in Hackensack, New Jersey. JLL represented the borrower, Brickyard Urban Renewal, LLC, an affiliate of Hekemian & Co., Inc., to secure the 10-year, fixed-rate loan through New York Life.

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