Total 9 Posts
The company received senior and mezzanine construction financing for a 275-unit multifamily project in Parsippany.
The 244-unit attainable community delivered earlier this year, fetching a price of nearly $345,000 per unit.
The 71-unit development will house individuals and two-person households earning between 30% and 70% of the area median income.
The developer received a $58.4 million construction loan and a $55.6 million refinancing through HUD programs.