Everly Roseland is a 360-unit multifamily community in Essex County, NJ. Everly Roseland is a 360-unit multifamily community in Essex County, NJ.

ROSELAND, NJ—New York City-based Novel Property Ventures has secured a refinancing package totaling $117.86 million for its 360-unit Everly Roseland development here.

JLL, which arranged the financing deals for the borrower, reports that Novel Property Ventures secured a $96.36-million senior loan through an international bank and a $21.5-million mezzanine loan through J.P. Morgan Asset Management.

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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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