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.
JLL Capital Markets secures $60M in refinancing for Class A Hackensack property njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.