CBRE Capital Markets’ Debt & Structured Finance team has secured $24.7 million in
permanent financing for the third phase of Laurel Green, a newly constructed apartment
community in Mount Laurel.
The property, on 203 Ark Road, features 110 units and represents one of the premier
new multifamily developments in the region.
The CBRE Debt & Structured Finance team of Matthew Pizzolato, Josh Stein and
Carlos Silva facilitated the loan from MF1 on behalf of the borrower.
“We are thrilled to be able to secure permanent financing for one of Burlington County’s
most impressive new residential communities,” Pizzolato said. “In addition to the
reputation of the borrower, demand from the debt capital markets remains strong for
well-located multifamily assets backed by experienced sponsors.”
