NEW JERSEY APARTMENT LANDS $20 MILLION LOAN

MIDDLESEX COUNTY, N.J. — Mark Scott of NorthMarq Capital’s Parsippany, N.J., office has secured a $20 million loan for a 244-unit apartment complex in Middlesex County. The 10-year loan carries a 5.66 percent interest rate and a 30-year amortization schedule. AmeriSphere Multifamily Finance provided funding for the loan.