New Jersey

Building on a similar initiative in California, Gov. Murphy secured support from Citigroup, JPMorgan Chase, U.S. Bank, Wells Fargo, and Bank of America, in addition to more than 40 other federal and state-chartered banks, credit unions, and servicers that are committed to the mortgage forbearance pledge.

Provident Bank provided the Red-Bank-based development firm with the financing that features a 30-month, floating-rate construction loan followed by a 10-year forward permanent loan.

State officials say that these programs taken together will provide more than $75 million of state and private financial support, with the opportunity to grow to more than $100 million if additional philanthropic, state, and federal resources become available. T

The Park Avenue at Morris County property is a six-building, 1.16-million-square-foot trophy-quality office park at 100 - 600 Campus Drive in Florham Park, NJ at the Columbia Turnpike exit off Route 24.

BMC Hospital LLC is comprised of Wayne Hatami, Anthony Degradi, and Feliks Kogan who are part owners of multiple ambulatory surgery centers in New York and New Jersey.

The deal brings the 120,000-square-foot industrial building in Bergen County to full occupancy, according to commercial brokerage firm NAI James E. Hanson.