The developer behind a plan to convert a historic commercial building in Elizabeth into 15 apartments has secured nearly $4.9 million in financing from Bayport Funding.
A private developer has closed on $5.2 million in financing in connection with a planned seven-unit apartment building in Fort Lee, its lender announced Thursday.
Real estate lender Bayport Funding is staying bullish on New Jersey after a flurry of recent deals in the state, including a combined $8.25 million in transactions in eastern Bergen County.