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Mara by Vermella Belmar multifamily secures financing
CushWake arranged a construction loan for this transit-oriented development from Russo Development, which will deliver 198 apartments, including market-rate and affordable units with luxury amenities.
Elizabeth TOD Ecco lands $83M construction loan
JLL secured financing for phase 2 of Vintage City Development's work in the Union County seat, which will add a 258-unit luxury multifamily development adjacent to the city's recently renovated NJ Transit station.
Advance’s 110K-sf logistics hub ready to rise in Parsippany
Advance Realty Investors secured financing for a Class A industrial facility in Parsippany, with adjacency and visibility along Interstates 80 and 287, which JLL will market.
Morristown Station TOD secures $40M construction loan
CBRE arranged the loan through Truist Bank for this transit-oriented development rising next to the Morristown NJ Transit rail station.
Panepinto lands $384M for Harborside 8 tower in Jersey City
The construction financing from Affinius Capitaland Kennedy Wilson will go toward the 65-story tower, which will add 678 apartments, retail space and a public park to the waterfront.
$20M loan backs Parsippany office-to-industrial project
Cushman & Wakefield arranged construction funding on behalf of a JV between Saxum and Penwood to transform 7 Campus Drive.
Tulfra, Hampshire advance Belleville retail at former Roche site
The construction financing will add a new building with three restaurants, including a long-term commitment from Chipotle.
Edgewater apartments with ferry terminal secure $225M construction loan
With financing in place, construction on the $1 billion North Jersey development featuring apartments, retail and more is ready to get underway at this project from The Maxal Group.
$102M PILOT-backed Watchung luxury apartments secure financing
JLL Capital Markets secured funding for this Watchung community currently under development, that will bring 230 units - including 46 affordable ones - to the affluent Somerset County borough.
Faropoint, Deugen land $33M financing for Exit 9 industrial project
Cushman & Wakefield arranged construction funding for the local partners for the Joyce Kilmer Logistics Center.
CRDA launches $2M microloan program in Atlantic City
The Casino Reinvestment Development Authority initiative aims to support small-scale economic development projects throughout the resort town with awards of up to $500,000. Application info and more inside.
$25M construction loan drives boutique rental in East Rutherford
ConnectOne Bank provided funding for Vango Development's latest Bergen County project, which aims to offer a transit-oriented, community-driven experience for future tenants.
