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CBRE: Developer lands $31 million permanent loan for 115-unit Montgomery rental project – Real Estate NJ
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CBRE: Developer lands $31 million permanent loan for 115-unit Montgomery rental project – Real Estate NJ
The Somerset at Montgomery at 1377 Route 206 in Montgomery Township — Courtesy: CBRE By Joshua Burd The developer of a new 115-unit luxury rental community in Somerset County has closed on $31 million in permanent financing, according to brokers with CBRE. The debt placement team, which sourced the deal on behalf of Country Classics, said New York Life provided the loan in connection with the complex at 1377 Route 206 in Montgomery Township. Tha…
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