MORRISTOWN, N.J. - Mar. 29, 2023 - JLL Capital Markets announced today that it has arranged refinancing for Harborview Logistics & Distribution Center, a Class A distribution. | March 30, 2023
LIVINGSTON, NJ - JLL Capital Markets announced today that it has arranged the $88.6 million construction financing and the $38 million equity placement for Canterly Place, a 300-unit, to-be-built, Class A apartment building located in Livingston, Essex County, New Jersey.
JLL represented the sponsor, Okner Developers, LLC, to secure the 10-year, fixed-rate construction loan through Northwestern Mutual. JLL also arranged the joint venture equity with Northwestern Mutual.
Canterly Place will.
MORRISTOWN, TN - JLL Capital Markets announced today that it has closed the $20 million construction financing for 397 Millburn Ave., a 53-unit, three-story, luxury apartment development in Millburn, New Jersey.
JLL worked on behalf of the borrower, Eagle Cliff Real Estate Partners and MRY Associates, to secure the three-year, floating-rate loan through Provident Bank.
With an anticipated completion early 2024, the property will be developed to LEED standards, contain an underbuilding parking.
$20M financing secured for construction of luxury apartment community in New Jersey rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.