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NewsSep 24, 20260 views

BHI Lends $72M on New Jersey Apartments Build

A joint venture between Prestige Development and Anak Development has landed $71.5 million of construction financing to build a multifamily project in northern New Jersey, Commercial Observer has learned. BHI, the U.S Branch of Bank Hapoalim, provided the loan for the sponsorship’s 250-unit The Stan

Source: Commercial Observer

A joint venture between Prestige Development and Anak Development has landed $71.5 million of construction financing to build a multifamily project in northern New Jersey, Commercial Observer has learned. BHI, the U.S Branch of Bank Hapoalim, provided the loan for the sponsorship’s 250-unit The Standard apartment community in Bayonne, N.J. Maven Capital’s Sean Shahkohi negotiated […]

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