New 1,200-unit self-storage facility by CrownPoint, Lamar opens in Newark’s Ironbound

CrownPoint Group and the Lamar Cos. have completed a new self-storage facility in Newark, delivering more than 1,200 units to the city’s bustling Ironbound section.

Kaplan snags $36 million construction loan for 142-unit Sayreville rental project, JLL says

Kaplan Cos. has secured a $36 million construction loan for a planned six-building, 142-unit multifamily project in Sayreville, in a newly announced deal by JLL.

JLL: Petrucci lands JV equity, Provident construction loan for Bucks County warehouse project

J.G. Petrucci Co. Inc. has secured joint venture equity and construction financing for a 330,000-square-foot industrial project in Pennsylvania’s Bucks County, brokers with JLL announced.

JLL: Developer lands $49 million in debt, equity for 150-unit rental project in Elmwood Park

The firm behind a 150-unit, two-building multifamily development in Elmwood Park has secured $49 million in construction financing and equity for the project, brokers with JLL announced Thursday.

Sherman & Roylance: Buyers plans to renovate, revive West Orange assisted living facility

A private operator hopes to revitalize a shuttered assisted living facility in West Orange after acquiring the 53-bed property, according to a broker with Sherman & Roylance.

Walters refis 70,000 sq. ft. Barnegat shopping center for $8 million, JLL says

Walters has secured an $8.3 million loan to refinance a grocery-anchored shopping center in the Ocean County township of Barnegat, according to a debt placement team with JLL.

Provident inks $19 million construction loan for Newark self-storage project, JLL says

A development team has landed a $19 million construction loan for a 1,332-unit self-storage project in Newark’s Ironbound section, according to a debt placement team with JLL.

Provident Bank

As one of the oldest and largest financial institutions based in New Jersey, Provident Bank is proud of its long history of commitment to commercial real estate developers, operators and investors. When it comes to your business, stability is important. And no one is more stable than Provident Bank. With a history of more than 180 years, we’re experts in assisting businesses with their borrowing needs. Combining the personalized service and local decision making of a community bank with the resources and capabilities of a regional bank, we’re the right size to get deals done and we deliver on our brand promise of commitment you can count on!

Provident closes $7.5 million loan to refi Ashkenazy-owned retail center in Atlantic City

Ashkenazy Acquisition Corp. has secured a $7.5 million loan to refinance a 76,000-square-foot, grocery-anchored shopping center in Atlantic City.

JLL: Developers ink $20 million construction loan for 53-unit Millburn rental project

A development team has landed $20 million in construction financing for a new 53-unit luxury apartment building in downtown Millburn, brokers with JLL announced Wednesday.