$81.195 Million financing secured for two multi-housing communities in Jersey City
United States, Feb. 25 -- JLL Capital Markets announced today that it has arranged a $81.195 million financing for Atlas and Starling, two newly constructed multi-housing properties in Jersey City, New Jersey.JLL represented the borrower, Alpine Residential, to originate the five-year, interest only fixed-rate Freddie Mac loan for Atlas. JLL also worked to secure the five-year, interest only fixed-rate loan through Freddie Mac for Starling. Both loans will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo Lender.Atlas, located at 270 Johnston St. and Starling, at 66 Monitor St., are both situated in the Bergen-Lafayette section of Jersey City, directly adjacent to the Liberty State Park Light Rail stop, offering exceptional ...
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