MIDDLESEX, NJ—Locally-based Forte Real Estate Development has secured a $39-million construction loan to finance the development of its The View at Middlesex apartment development here.
The funding was provided by Englewood Cliffs, NJ-based Procida Funding on behalf of the 100 Mile Fund, which Procida manages.
The View at Middlesex is a planned five-story 200-unit apartment building that will be built at 220 and 232 Lincoln Blvd. The project will transform vacant and under-utilized properties into a development that will offer amenity-filled apartments, new retail spaces and an improved streetscape.
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