A veteran attorney in the banking and real estate space has joined Amboy Bank’s board of directors, the Old Bridge-based lender announced.
As the most established, continually operating, full-service commercial bank in New Jersey, Amboy Bank opened its doors over 134 years ago with the goal of supporting and growing the local communities. And since then, Amboy has proudly financed some of the most extensive and impactful building and housing projects in New Jersey, becoming one of the largest construction lenders in the state, a distinction that has earned it the title of “The Builder’s Bank.” Amboy Bank was recently named the “Best Bank in Central New Jersey” for the 25th year in a row by the readers of the Home News Tribune, a hard-earned distinction that the Amboy Commercial Real Estate team works hard every day to uphold and exceed.
A private investor has purchased a nearly 3,500-square-foot bank property in Monmouth County, under a newly announced transaction by Marcus & Millichap.
Amboy Bank has added to its commercial real estate lending team with one of its newest hires.
Amboy Bank has closed on some $51 million in financing to help a former NFL player develop more than 400,000 square feet of retail and medical office space in Bordentown.
Amboy Bank has closed on a $33 million construction loan for the developer of an 18-story luxury residential building in East Orange, the latest partnership between the two entities.
Amboy Bank is mourning the death of its longtime leader, George E. Scharpf, who spent more than 50 years with the Old Bridge-based community lender.