Page 2 - Max Custer News Today

MORRISTOWN, NJ– JLL Capital Markets announced today that it has arranged the $25.5 million financing of Nest Micro Apartments, a 122-unit, mid-rise luxury apartment building in the Journal Square neighborhood of Jersey City, New Jersey. JLL worked on behalf of the borrower, 190 Academy Urban Renewal, LLC, to secure a loan through Argentic Investment Management, LLC. Completed in July of 2021, Nest Micro Apartments is a six-story building consisting of 122 studios. The custom-designed...

JLL worked on behalf of the borrower to arrange $25.5 million financing for Nest Micro Apartments in Jersey City.

 JLL Capital Markets announced today that it has arranged an $8.1 million refinancing for Bedminster Medical Plaza, a 38,925-square-foot medical office space in Bedminster, New Jersey. JLL worked on behalf of the borrower, DGLV Properties, LLC, to secure the 10-year, fixed-rate loan through National Life Group. The two-story medical office building is...

JLL Capital Markets announced $8.1 refinancing for the Bedminster Medical Plaza in Bedminster, which is 85% occupied.

JLL Capital Markets arranged a $16.1 million refinancing for an industrial portfolio at Raritan Center Business Park in Edison.

A project that will bring 337 units to Jersey City's up-and-coming West Side neighborhood has secured a construction loan. 

CHICAGO, IL - JLL Capital Markets announced today that it has arranged a $10.5 million refinancing for Brookplace Luxury Apartments (“Brookplace”), a 36-unit, luxury multi-housing community in Fairfield, New Jersey. JLL worked on behalf of the borrower, 74 Passaic Avenue, LLC, to secure the 15-year, fixed-rate loan through National Life Group. Brookplace Luxury Apartments was constructed by the borrower in August of 2020 and completed lease up within a few short months. The 100...

CHICAGO, IL - JLL Capital Markets announced today it has arranged a $42 million construction loan for the development of The Ridge at Readington, a 254-unit apartment community located in Readington, New Jersey. JLL worked on behalf of the borrower, Larken Associates, to secure the three-year, floating-rate loan through ConnectOne Bank. The Ridge at Readington will total 265,918 rentable square feet and consist of one-, two- and three-bedroom units across nine residential buildings and one cent...

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