JLL Capital Markets announced on Thursday it has arranged a $12 million credit facility for Tower Management to be secured by four separate properties.
The credit line includes:
- 97-99 Bayard Street in New Brunswick;
- Spring Gardens apartments in New Providence;
- Windsor Terrace apartment community in New Windsor, New York, and
- Paltz River apartments in Montgomery, New York.
JLL’s Capital Markets team of Thomas Didio and Zachary Chaikin represented the borrowers.