ELIZABETH, NJ - JLL Capital Markets announced today that it has secured the $97.25 million financing for Vinty, a 267-unit, Class A, mixed-use development in Elizabeth, New Jersey.
JLL worked on behalf of the borrower, LeCesse Development Corporation and MAS Development Group, to secure the five-year, senior floating-rate loan through an entity managed by Argentic Investment Management LLC (“Argentic”).
Delivered in 2022, Vinty consists of studio, one- and two-bedroom units, as.
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