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| Paltz River apartments, Montgomery, NY |
MORRISTOWN, NJ, June 25, 2020 –
JLL Capital Markets announced today that it has arranged a $12 million credit
facility for Tower Management that will be secured by four separate properties.
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| Thomas Didio |
The line of credit will include:
- 97-99 Bayard Street in New Brunswick, New Jersey;
- Spring Gardens apartments in New Providence, New Jersey;
- Windsor Terrace apartment community in New Windsor, New York,
- Paltz River apartments in Montgomery, New York.
JLL’s Capital Markets team representing the borrower was led by Thomas
Didio and Zachary Chaikin.
JLL
delivers multi-housing investors a full range of solutions through one diverse,
integrated platform.
The division employs approximately 400 professionals who
provide comprehensive investment sales and disposition services with access to
thousands of domestic and foreign investors.
For more news, videos and research resources on JLL, please visit
the firm’s U.S. media center Web page: U.S. newsroom.
Contact:
Natalie
Passarelli
JLL
Senior Associate
Public Relations
Phone: +1
(224) 477-7307
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