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New York & Tri-State  + New Jersey  + Senior Housing  |  June 16, 2026
Paul Bubny
By: Paul Bubny

JV Obtains Construction Loan for East Brunswick Assisted Living/Memory Care Project

JLL Capital Markets arranged $35.1 million in construction financing for Benchmark at East Brunswick, an 87-unit / 100-bed assisted living and memory care community planned for East Brunswick, NJ. The financing was arranged on behalf of a joint venture between National Development , a prominent real estate investment development and management firm, and an affiliate of Benchmark Senior Living, a leading senior living provider in the Northeast.

JLL conducted a highly competitive marketing process, attracting numerous quotes from a broad array of lending sources. Ultimately, a prominent regional bank was selected.

The three-story, 84,276-square-foot community will feature 62 assisted living and 25 memory care apartments with 100 licensed beds. The property will be thoughtfully designed to the highest standards, incorporating premium unit finishes and an extensive array of amenities, including multiple dining venues, a theater, fitness center, salon and a variety of outdoor spaces. The community is expected to open in 2028.

Read More News Stories About: JLL
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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