Page 4 - Max Custer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 central amenity clubhouse. Each apartment will feature spacious floorplans with modern design in mind, i...

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