Jones Lang LaSalle Inc. $(JLL)$, through its Capital Markets division, has arranged construction financing for High Mountain Promenade, a new mixed-use development in North Haledon, New Jersey. The financing was secured on behalf of a joint venture between Tulfra Real Estate and Hampshire Real Estate Companies, with First Bank providing the construction loan. Proceeds from the loan will primarily fund the development of a 74,715-square-foot self-storage facility, with additional funds allocated for future phases that include 90 luxury apartments and 4,400 square feet of retail space. The self-storage facility, managed by Public Storage, will serve as the initial phase of the project.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on January 30, 2026, and is solely responsible for the information contained therein.
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