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Michael Klein
Senior Managing Director
Jim Cadranell
Senior Managing Director
Thomas E. Didio Jr.
Managing Director
Gregory Nalbandian
Senior Managing Director
OUR CLIENTS
Institutional and private owners/
operators and developers of
multi-housing, offi ce, hotels and
hospitality, retail, industrial and
logistics, health care and special
purpose facilities including self-
storage, data centers, senior
housing and student housing.
Morristown, NJ
OUR EXPERTISE
♦ Debt and equity
placement and investment
sales advisory
Thomas Didio
Senior Managing Director
Jon Mikula
Senior Managing Director
Max Custer
Senior Director
Gerard Quinn
Director
TRANSACTION
SPOTLIGHT
JLL worked on behalf of the
borrower to arrange $155 million
in construction fi nancing for
Charlie, a 386-unit multifamily
development in Hoboken, New
Jersey. The 27-story, luxury
mixed-use residential tower is
currently under construction and
scheduled for completion in 2026.
The development includes 386
units with an average size of 698
square feet, offering studios and
junior one-, one-, two- and three-
bedroom options. Units feature
SmartRent controls for HVAC,
along with top-tier amenities like
a concierge service, fi tness center
and large rooftop deck with a pool.
This project is also part of a public/
private initiative to improve the
Hoboken train station area and
will receive New Jersey Aspire tax
credits.
ON THE HORIZON
Continue working with
borrowers who are having
trouble getting out of
higher-leverage construction
loans through a refi nance
or recapitalization including
mezzanine fi nancing,
preferred, joint venture or LP
equity.
ONE MORE THING
We are spending a
signifi cant amount of
resources implementing
the latest AI technology to
ensure we are capturing our
data and using it to help
our clients achieve their
business goals and solve
their problems.