Brief
Transit-Oriented Fair Lawn Multifamily Scores $67M Construction Loan
PCCP has provided a $66.85-million senior loan to Sterling Properties and Danbro Properties for the construction of Plaza Greene, a 145-unit, Class A, 55+ multifamily community with a ground-floor gro
Summary
PCCP has provided a $66.
85-million senior loan to Sterling Properties and Danbro Properties for the construction of Plaza Greene, a 145-unit, Class A, 55+ multifamily community with a ground-floor grocer in Fair Lawn, NJ.
With the financing closed, demolition of an existing vacant retail building on the site has commenced, with construction completion expected in 2027....
Source
- Connect CREconnectcre.com
