The first quarter of 2024 started off strong for the attorneys at Murphy Schiller & Wilkes LLP (MSW), helping our clients close significant deals, both locally and nationally, secure noteworthy land use approvals, and obtain tax credits for transformational development projects.

In Q1 2024, the firm represented the following:  

• Developer in connection with a $114,000,000 tax credit award under the Aspire Tax Credit Program for a multi-phased mixed-use development in central New Jersey.
• Community bank in connection with a participation in a $21,000,000 mortgage loan for a New Jersey senior care facility.
• Lender in connection with a $20,000,000 construction loan for a multifamily development in Morris County, New Jersey.
• Developer in connection with $20,000,000 sale of industrial building in East Rutherford, New Jersey.
• National bank in connection with an $11,000,000 financing of office property in Morris County, New Jersey.
• Regional bank in connection with a $10,000,000 equipment line of credit secured by industrial property in Florida.
• Purchaser in connection with purchase and financing of $3,500,000 industrial building in Pennsauken, New Jersey.
• Landlord in connection with 40,000 square foot warehouse lease in Queens, New York.
• Landlord in connection with 36,500 square foot distribution center lease in Maspeth, Queens, New York.
• Landlord in connection with lease agreement for the conversion of hotel lobby into restaurant space in New York City’s Financial District.
• Private equity fund in connection with negotiation of EV Charging Station leases for portfolio of hotel assets in multiple jurisdictions throughout the United States.
• Developer in connection with land use approvals for a 119,000 square foot industrial warehouse building in Denville, New Jersey.
• Developer in connection with land use approvals for a 94,000 square foot self-storage facility in Ocean County, New Jersey.
• Developer in connection with land use approvals for a 5-story, multi-family building in Newark, New Jersey.