Continental Properties announced that it has secured a $49.7 million construction loan for Highgate at Livingston (Highgate), a 169-unit, mid-rise, class-A, luxury apartment development in Livingston, N.J.
JLL worked on behalf of the borrower to secure the floating-rate construction loan with Truist Bank.
The four-story Highgate at Livingston will offer 141 market-rate units featuring one-, two- and three-bedrooms luxury units. Units will feature designer kitchens with stainless-steel appliances, 9- and 10-foot ceilings, oversized windows, walk-in closets, in-unit washers and dryers, upgraded fixtures and numerous smart technologies. Highgate's interior also will feature a hotel-style lobby with a multi-story fireplace, an upscale clubroom, private dining, a state-of-the-art fitness center with a yoga studio, a co-working lounge and more. Outdoor amenities center around a lifestyle courtyard with a resort-style pool, fire pits, outdoor kitchen, bar, outdoor TV lou
