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ELMWOOD PARK, N.J. — JLL has arranged financing for Riverwalk Phase IV, a 150-unit multifamily project that will be located in the Northern New Jersey community of Elmwood Park. Thomas Didio Jr. and John Cumming of JLL arranged the financing, which consisted of a $32 million, floating-rate construction loan from Provident Bank and a $17 million preferred equity investment from Hickory CRE Lending. The initial phases of the larger Riverwalk development were completed in 2012-2013. The final phase, which is slated for a fourth-quarter delivery, will also feature 15,000 square feet of retail space.