In the largest loan, $11.35 million is secured by the 176-unit Farmingdale Gardens at 1 W. Main St. in Farmingdale. A $6.6-million package covers the 120-unit Sunset Heights at 1130 Sunset Rd. in Burlington. And funding of just less than $3.43 million was obtained for the 64-unit Clifton Arms Apartments at 220-240 Ninth St. in Lakewood. "All three of these communities are well-located assets in markets that have strong apartment demand and fundamentals," Mikula says.

For HFF, meanwhile, the financings follow another separate, recent deal, this one involving a self-storage facility in Berkeley Heights, NJ. Mikula and associate director Michael Klein worked for the Morristown-based Hampshire Cos. to pick up a loan of just less than $6.2 million through US Bank, secured by Berkeley Heights Self Storage at 310 Snyder Ave. in that city. The proceeds will be used to refinance existing debt and finish a capital improvements program that includes the construction of additional storage units.

The asset currently has 662 units totaling more than 51,500 square feet of storage space, and a total building size of 98,000 square feet. Hampshire acquired it in June 2008 from Tuck Away Mini Storage for a price reported to be in the $8.5-million range.