Jonathan Aghravi of JBA Equities Jonathan Aghravi of JBA Equities

NORTH BERGEN, NJ—Locally-based Skyline Development Group has secured a $55.5-million construction loan for its planned 14-story, 70-unit condominium project here.

The financing deal was originated by Jonathan Aghravi of JBA Equities, along with Eli Terry and Charles Han, who represented Skyline Development Group, which is led by Louis Mont. The firm acquired the site for $10.2 million, which was delivered with fully approved condo plans in February 2019. Acquisition financing was also facilitated by JBA Equities.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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