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JLL Capital Markets Group Arranges $11 Million in Financing for 288-Unit Rahway Plaza Apartment Community Located in New Jersey

MORRISTOWN, NJ - JLL Capital Markets announced today that it has arranged $11 million in permanent financing for Rahway Plaza Apartments, a two-building, 288-unit high-rise apartment community located in downtown Rahway, New Jersey.
JLL represented the borrower, Denholtz Properties, to secure the five-year, fixed-rate loan through Malvern Bank, National Association.
The two-building Rahway Plaza Apartments offers one-, two- and three-bedroom residences with large terraces, all-inclusive. ....

Menlo Park , New Jersey , United States , Michael Klein , Salvatore Buzzerio , Clark Commons , Jon Mikula , National Association , Malvern Bank , Denholtz Properties , Woodbridge Center , Capital Markets , Rahway Plaza Apartments , Rahway Train Station , New York Penn , Aviation Plaza , Menlo Park Mall , Senior Managing Directors Michael Klein , Analyst Salvatore , Bill Boylan , Executive Vice President , Chief Lending Officer , Executive Team ,

New Jersey multi-housing community secures $11M financing

New Jersey multi-housing community secures $11M financing
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Menlo Park , New Jersey , United States , Michael Klein , Salvatore Buzzerio , Clark Commons , Jon Mikula , National Association , Malvern Bank , Denholtz Properties , Woodbridge Center , Rahway Plaza Apartments , Rahway Train Station , New York Penn , Aviation Plaza , Menlo Park Mall , Senior Managing Directors Michael Klein , Analyst Salvatore , Bill Boylan , Executive Vice President , Chief Lending Officer , Executive Team ,

JLL Capital Markets arranged loans for two luxury properties

JLL Capital Markets announced today that it has arranged financing for two luxury, mid-rise multi-housing properties totaling 335 units in the northern New Jersey community of Rahway. JLL worked on behalf of the borrower, Sterling Properties Group, LLC and AST Development, to place two separate 10-year, fixed-rate loans with New York. ....

New York , United States , Menlo Park , New Jersey , Carlos Silva , Metro Rahway , Clark Commons , Jim Cadranell , Jon Mikula , Sterling Properties Group , Sterling Properties , Woodbridge Center , Capital Markets , New York Life Real Estate , Rahway Train Station , Aviation Plaza , Menlo Park Mall , Senior Managing Directors Jon Mikula , Analyst Carlos , York Life ,