JLL Secures $47.5M Permanent Financing for Camelot West at Townelake in New Jersey

JLL Secures $47.5M Permanent Financing for Camelot West at Townelake in New Jersey

JLL Capital Markets announced that it has secured a $47.5 million refinancing for Camelot West at Townelake, a newly delivered 176-unit luxury multifamily community in Sayreville, New Jersey. JLL worked on behalf of the borrower, Kaplan Companies, in arranging the five-year, fixed-rate loan through a regional bank. Camelot West at Townelake, located at 5105 Brown […] The post JLL Secures $47.5M Permanent Financing for Camelot West at Townelake i…

Kaplan refis new 176-unit Sayreville rental project in $48 million deal by JLL – Real Estate NJ

Camelot West at Townelake at 5105 Brown Road — Courtesy: JLL By Joshua Burd Kaplan Cos. has closed on $47.5 million in permanent financing for a newly completed, 176-unit luxury apartment complex in Sayreville, brokers with JLL announced Wednesday. According to a news release, an undisclosed regional bank provided the five-year, fixed-rate loan in connection with the project at 5105 Brown Road. The deal follows Kaplan’s recent delivery of the se…