ROSELLE, NJ—Cushman & Wakefield's Equity, Debt & Structured Finance group has teed up construction financing for Village Green on the Park, a new 932-unit, multi-phase multifamily community being built on a former golf course in Roselle, NJ. Financing was provided by US Trust, a subsidiary of Bank of America.
Village Green on the Park will be developed over five phases on the site of the former Roselle Golf Club. The new community will accommodate a growing residential population in New Jersey, particularly those that desire reasonably priced rental housing with an excellent lifestyle. The large-scale project is supported by an experienced development team, close access to transit, lush green space and abundant amenities.
Cushman & Wakefield's Equity, Debt & Structured Finance group arranged the financing, led by Jay Wagner, managing director, and Timothy Hosmer, associate, of the Boston office and John Alascio, managing director, of the New York office.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
