Finance & Capital Markets
Developer lands $48 million loan package for next phase of Elmwood Park project, JLL says

The developer of a two-building, 240-unit luxury apartment complex in Elmwood Park has secured $48 million in financing, according to a debt placement team with JLL.

Finance & Capital Markets
Spencer Savings Bank promotes veteran executive, retail division leader

Spencer Savings Bank has promoted a veteran banker who leads its retail division.

Office
Sanzari taps JLL as leasing agent at Elmwood Park office building

Alfred Sanzari Enterprises has named JLL as its leasing agent at a four-story, 68,000-square-foot office building in Elmwood Park.

Finance & Capital Markets
Spencer welcomes new board members for 2021

Spencer Savings Bank has announced the re-election of a longtime board member and the addition of two new members as part of its recent annual meeting.

Office
Lee & Associates New Jersey relocates in Elmwood Park, taking 5,800 sq. ft.

Lee & Associates New Jersey has found a new home in Elmwood Park, as the broker-owned real estate services firm eyes continued growth in the Garden State.

Office
Equity inks sale of 3,600 sq. ft. office building in Elmwood Park

An office building on Route 46 in Elmwood Park has changed hands for more than $750,000, in a transaction arranged by Equity Real Estate Brokerage LLC.

Finance & Capital Markets
Spencer names senior vice president, director of market growth and development

Spencer Savings Bank has named a new senior vice president, who will spearhead efforts to lead and execute strategic growth strategies.

Finance & Capital Markets
Spencer closes loan for 31-unit rental building in Union County

The owner of a 31-unit apartment building in Union County has secured financing, in a newly completed transaction by Spencer Savings Bank.

Professional Services
Lee & Associates New Jersey donates $10,000 to hospital’s COVID response fund

Lee & Associates New Jersey has donated $10,000 to a fund managed by St. Joseph’s Health, seeking to support the hospital network in its battle against the coronavirus crisis.

Industrial
NAI Hanson inks sale of 16,000 sq. ft. flex industrial building in Elmwood Park

A longtime owner in Elmwood Park has sold a 16,000-square-foot flex industrial building in the borough, under a newly announced transaction by NAI James E. Hanson.