Kearny Financial Corporation

07/14/2026 | Press release | Distributed by Public on 07/14/2026 09:52

$42 Million in Financing for New, 136-Unit Paramus Apartment Community

PARAMUS, NJ - Construction of a new, 136-unit apartment community in Paramus, NJ is moving forward with the support of a $42 million loan provided by Kearny Bank.

Located at 615 Winters Avenue, the 221,798-square-foot development is being built by Fair Lawn, NJ-based Rock Solid Builders and will expand housing opportunities in one of Bergen County's most vibrant business and residential communities.

"We're pleased to help finance a project that will provide much-needed housing opportunities in one of New Jersey's most vibrant communities," says Gary Brozowski, Kearny Bank's Director of Commercial Real Estate Lending. "Working with experienced developers like Rock Solid Builders, we're committed to financing projects that strengthen communities throughout the Northeast."

Initial ground improvements at the Winters Avenue site are underway, with full project completion scheduled for the spring of 2028.

"This financing marks an important milestone for our team and reinforces our commitment to delivering thoughtfully designed communities that create long term value," says Rock Solid Builders President Vitali Feldman. "We're proud to bring much needed, high quality housing to Paramus and appreciate Kearny Bank's confidence in our vision."

The construction loan for the 615 Winters Avenue project was originated by Kearny Bank's Jonathan Atkinson, Vice President, Commercial Real Estate Lending.

In the past two years, Kearny Bank has provided more than $500 million in financing for commercial real estate projects across New Jersey, New York, Connecticut, Delaware, Maryland, and Pennsylvania.

About Kearny Bank

Combining the finest traditions of community banking with the industry's latest, most effective financial products and services, Kearny Bank provides business and personal clients with the tools for success. Established back in 1884, and now operating from corporate offices in Fairfield, NJ, Kearny Bank's footprint covers most of New Jersey, along with Brooklyn and Staten Island. Additional information is available at kearnybank.com or by visiting Kearny Bank's social media channels: Facebook, Instagram, X, LinkedIn and YouTube.

Kearny Financial Corporation published this content on July 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 14, 2026 at 15:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]