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BWE sources $130 million first mortgage for 520-unit rental property outside New Brunswick – Real Estate NJ

Summary by Re-nj.com
By Joshua Burd The owner of a new 520-unit apartment and townhome community in central New Jersey has secured $130 million in financing, in a transaction arranged by BWE. According to a news release, a life company provided the first mortgage loan in connection with the undisclosed property in the New Brunswick area. The financing includes a nine-year, fixed-rate term at a 5.22 percent interest rate, the national mortgage banking firm said, addi…
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re-nj.com broke the news on Wednesday, July 1, 2026.
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