JLL Capital Markets Group Arranges $87.1 Million in Financing for 258-Unit Valley and Bloom Apartment Community in New Jersey
MORRISTOWN, NJ – JLL Capital Markets announced today that it has arranged the $87.1 million financing of Valley and Bloom, a two-building, 258-unit, mixed-use multi-housing community in Montclair, New Jersey. In addition to the residential units, the property also includes 19,812 square feet of office space, 19,921 square feet of retail space and an attached parking garage. JLL worked on behalf of the borrower, a joint venture between LCOR, Inc. and Madison International Realty, to...
Source: multifamilybiz.com