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.

Tulfra breaks ground on Rochelle Park apartments, with $35 million construction loan in hand

Tulfra Real Estate has broken ground on a new 160-unit multifamily development in Rochelle Park, the latest piece of a mixed-use site directly south of Westfield Garden State Plaza.

Provident, Lakeland to merge in $1.3 billion deal that will fortify CRE lending platforms

Provident Bank and Lakeland Bank are joining forces under a $1.3 billion merger announced Tuesday, bringing together two key lenders in the state’s commercial real estate sector.

Greek, Principal ink $32 million construction loan with Provident for warehouse project

Greek Development and Principal Real Estate Investors have closed on more than $32 million in construction financing for a long-awaited industrial project in Pennsylvania’s Bucks County.

Tulfra snags $6 million loan for parking site at Totowa Business Center

Tulfra Real Estate has landed a $6 million loan for a parking parcel at the site of a 225,000-square-foot commercial building in Totowa.

JLL sources $12 million refinancing of Port Newark industrial complex

JLL has arranged a $12 million facility loan for Port Newark Junction, a six-building, 154,149-square-foot industrial complex in Newark.

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.

Kokes inks $19 million construction loan for Riverside rental project

Kokes Properties has secured more than $19 million in financing for the first phase of a 190-unit residential project in the Burlington County township of Riverside.

Provident Bank leases 84,000 sq. ft. for new Woodbridge office locations, C&W says

Provident Bank has signed two leases for a combined 84,000 square feet in Woodbridge, the home of its headquarters and a planned operations center.