Connect CREnews

22-Property NJ Workforce Portfolio Refinanced for $38M

Friday, June 26, 2026Paul BubnyView original

Benmark Capital recently closed on a $38-million loan to refinance a 22-building workforce housing portfolio in Paterson, NJ. The financing was secured by Ania Management, led by Founder and CEO Charles Florio. The transaction was arranged by Marc Waldman of Kentmoore Capital. Comprising 203 residential units and six commercial units across 22 multifamily and mixed-use buildings, the ...

The post 22-Property NJ Workforce Portfolio Refinanced for $38M appeared first on Connect CRE.