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HFF Arranges $40 Million Financing for North Jersey Multi-Housing Development

The Winston will add an additional 218 luxury units to the existing 192 units at The Station at Lyndhurst, which were completed in 2014.

The Winston under construction at The Station at Lyndhurst, NJ The Winston under construction at The Station at Lyndhurst, NJ

LYNDHURST, NJ—Holliday Fenoglio Fowler arranged $40 million in financing for Phase II of The Station at Lyndhurst, known as The Winston, a luxury multi-housing community in the Meadowlands area of North New Jersey.

Working on behalf of J.G. Petrucci Company, HFF placed a $40 million construction loan for the development of The Winston through Provident Bank and Lakeland Bank.  HFF previously assisted the borrower in 2014 with sourcing a construction/permanent loan for the development of the project’s first phase.

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Steve Lubetkin

Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].

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