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LeCesse Development Secures $97.25 Million in Financing for New 267-Unit Vinty Luxury Multifamily Housing Community New Jersey

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...
Union County New Jersey United States Union County College Michael Klein Steven Klein

Jones Lang LaSalle Incorporated : $17.5M refinancing secured for Westchester County office assets

MORRISTOWN, N.J., Jun. 27, 2023 - JLL Capital Markets announced today that it has arranged a $17.5 million refinancing for 2 and 4 Westchester Park Drive, two office / medical office buildings totalling 218,372 square feet in White Plains, New Yor...
White Plains New York United States Westchester County Airport Michael Klein Benjamin Morgenthal

Jones Lang LaSalle Incorporated : Class A Livingston New Jersey multi-housing development secures $49.7M construction loan

MORRISTOWN, June 20, 2023 -JLL Capital Markets announced today that it arranged a $49.7 million construction loan for Highgate at Livingston ("Highgate"), a 169-unit, mid-rise, Class A, luxury apartment development located in Liv...
New Jersey United States Matthew Pizzolato Livingston Highgate Michael Lachs Benjamin Morgenthal

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JLL Capital Markets Group Secures $57.5 Million in Financing for 220-Unit EVO Apartment Community Located in Downtown Englewood

MORRISTOWN, NJ – JLL Capital Markets announced today that it has arranged the $57.5M financing of EVO, a 220-unit, newly built, luxury multi-housing property located in downtown Englewood, New Jersey. JLL represented the sponsorship, a joint venture between Claremont Development, Cypress Equity Investments and Battery Global Advisors, to secure the eight-year, fixed-rate loan through The Guardian Life Insurance Group of America. EVO features spacious studio, one- and two-bedroom...
New York United States New Jersey Gerard Quinn Michael Klein Benjamin Morgenthal

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