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Bell Works Fort Monmouth, a mixed-use campus development, has secured a $60 million bridge loan arranged by Walker & Dunlop.
The financing comes as the property reaches 88% leasing occupancy, supporting continued growth and expansion of the campus.
This funding demonstrates strong investor confidence in the evolving Fort Monmouth development project.
Quick context
- What is Bell Works Fort Monmouth?
- Bell Works Fort Monmouth is a mixed-use campus development project located at the former Fort Monmouth military installation, featuring commercial, office, and other mixed-use spaces.
- Why did Bell Works secure a bridge loan?
- The $60M bridge loan was secured to fuel growth and expansion at the campus as leasing reaches high occupancy levels of 88%.
- Who arranged the financing for Bell Works?
- Walker & Dunlop, a real estate finance firm, arranged the $60 million bridge loan for the project.
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