The owner of about 300 apartments in Burlington County has landed a $56 million federal loan to refinance the property, according to a debt placement team with JLL.
The owner of a 688-unit apartment complex in West New York has closed on a $140 million loan that will allow it to operate the property as affordable housing for another four decades.
By Morris A. Davis Since the 1930s, the federal government has actively promoted homeownership as a policy goal. Despite good intentions, our public policy in place after 80-plus years of rules and regulations is not well thought out and poorly…