JLL arranges $43M in financing for Morris Plains luxury apartment community

A JLL Capital Markets team secured $43 million in financing for a luxury apartment community in New Jersey, NJBIZ reported. The community in Morris Plains, known as Signature Place, includes 197 units and amenities including an outdoor swimming pool, a movie theater, a golf simulator, a fitness center and tennis courts, according to the outlet. JLL arranged the financing on behalf of Mack-Cali Realty Corp., which in turn was acting for Roseland Residential Trust, according to the outlet. Senior managing directors Jon Mikula and Greg Nalbandian and analysts Andrew Zilenziger and Carlos Silva led the team. [NJBIZ]