HKS Real Estate Advisors, led by John Harrington, has successfully secured a $46.5 million CMBS loan through Citigroup for a new multi-family property in Paramus, New Jersey. The impressive development boasts 140 Class-A units across three buildings on a sprawling 35-acre site. Residents can enjoy top-notch amenities such as a pool and various recreational and conference rooms for their comfort and convenience.
The financing was obtained to support an experienced family-owned developer with over three decades of expertise in developing multi-residential properties, mixed-use developments, historic renovations, as well as commercial/industrial spaces throughout New York City’s tri-state area.
