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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