What is the latest status of the project “Mi-Place at Brightmoor Refinancing”?

The status recorded for “Mi-Place at Brightmoor Refinancing” is Awarded.

What is the budget and commercial profile for the project “Mi-Place at Brightmoor Refinancing”?

Taiyo normalizes the budget of “Mi-Place at Brightmoor Refinancing” to USD 34000000.

Where can I verify the source and access all details for “Mi-Place at Brightmoor Refinancing”?

This Taiyo project page references Commercial Observer along with the original URL (https://commercialobserver.com/2025/03/dwight-mortgage-trust-34m-refi-new-jersey-apartments/). Taiyo standardizes official data into a consistent, searchable project profile.

Mi-Place at Brightmoor Refinancing

Sector: Residential • Location: Sickerville, New Jersey, United States

Source: Commercial Observer

Project

Awarded

Fernmoor Homes has secured a $34 million loan to refinance the Mi-Place at Brightmoor, a garden-style apartment community in Sickerville, New Jersey. The loan will be used to retire existing debt, fund an interest reserve, and cover transaction costs, while also supporting the second phase of the development which includes a 168-unit expansion.

Status: Closed
Sector: Residential, Road, Commercial
Location: Sickerville, New Jersey, United States of America
Updated: 22 Jul 2026
Source: Commercial Observer

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Project Information

4 Q

The project “Mi-Place at Brightmoor Refinancing” is an infrastructure initiative in the Residential sector, located in Sickerville, New Jersey, United States. Taiyo aggregates data on it from Commercial Observer.

Participants

Not available for this record.

Status

Original status	Awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Fernmoor Homes has secured a $34 million loan to refinance the Mi-Place at Brightmoor, a garden-style apartment community in Sickerville, New Jersey. The loan will be used to retire existing debt, fund an interest reserve, and cover transaction costs, while also supporting the second phase of the development which includes a 168-unit expansion.
Original sector	Multifamily
Budget

Location

Country	United States of America (USA)
State	New Jersey
City	Sickerville

Source

Source	Commercial Observer
URL

More Details

Record type	Project
Sector	Residential, Road, Commercial
Article published date	2025-03-10

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Mi-Place at Brightmoor Refinancing

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