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

ROSELAND, NJ—New York City-based Novel Property Ventures hassecured a refinancing package totaling $117.86 million for its360-unit Everly Roseland development here.

JLL, which arranged the financing deals for the borrower,reports that Novel Property Ventures secured a $96.36-millionsenior loan through an international bank and a $21.5-millionmezzanine 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.