Boonton shopping center owner lands $11 million in permanent financing, Cronheim says

A real estate investment trust has secured an $11 million loan for a grocery-anchored shopping center in Boonton, according to a debt placement team with Cronheim Mortgage.

Urstadt Biddle lands $21 million loan for New Providence retail center, Cronheim says

The owner of a 108,000-square-foot, grocery-anchored shopping center in New Providence has secured $21 million in financing for the site, in a deal arranged by Cronheim Mortgage.