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S. Hekemian Obtains $116 Million in Financing for First Stage of Mercedes Redevelopment

Mixed-Use Project in Montvale, New Jersey, Includes Luxury Apartments
An aerial rendering depicts the mixed-use redevelopment planned in Montvale, New Jersey. (JLL)
An aerial rendering depicts the mixed-use redevelopment planned in Montvale, New Jersey. (JLL)
CoStar News
August 27, 2020 | 4:48 P.M.

S. Hekemian Group has obtained $116 million in construction financing for the first phase of its redevelopment of the former site of the Mercedes-Benz USA headquarters in Montvale, New Jersey.

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