Joint Venture Receives $84.7M Bond Financing for Development West of New York City

Seniors Housing Business · August 20, 2026

PEAPACK-GLADSTONE, N.J. — Peapack Partners LLC — a joint venture between Distinctive Living Development, Melillo Equities and Pointsfive — has received $84.7 million in bond financing for the development of a seniors housing community in the New Jersey borough of Peapack-Gladstone, approximately 50…

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