A new 42-unit apartment building is coming to Jersey City’s Journal Square with the help of a $13.1 million construction loan, according to a debt placement team with JLL.
First Bank
First Bank works with New Jersey real estate developers and investors on a variety of properties that include multifamily, office, retail, industrial, hotels and medical buildings. The community bank’s typical real estate loans are $3 million to $5 million up to $35 million. The community bank operates with a long-term mindset. It recognizes that its reputation is its most valuable asset. To preserve its good name, First Bank keenly focuses on delivering the best long-term results. By providing great recommendations and following through on its promises, the community bank continues to provide unmatched service to help investors and businesses succeed.