4C — March 4 - 27, 204 — Mid Atlantic Real Estate Journal
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F inancial D igest Bank Donates $5,000 to St. Thomas Syro-Malabar Fundraising Campaign Unity Bank Provides $3.5 million loan for New Franklin Township Church F RANkLINTowNSHIP, NJ — Unity Bank has provided a $3.5 million
ing by leaps and bounds,” said Unity Bank President & CEO James A. Hughes. “It’s very rewarding to be able to partner with a parish creating a facility that will benefit the community for many years to come. Sup- porting the fundraising effort is the least we could do and I am confident many other lo- cal businesses will join in the Brick-by-Brick campaign.” The 10-acre site is presently under construction and will include an 11,000 s/f church, 10,000 s/f fellowship hall, mez- zanine floor, meeting rooms and kitchen. There will be more
than 200 parking spots. The property is a short distance from Colonial Park and Spooky Brook Golf Course. “Our church started as a mis- sion of 15 families in 2000 and we now have approximately 500 parishioners,” said St. Thomas Trustee Tom Perump- ail. “The new church is a dream come true for our parish family and we are so thankful to Unity Bank for making this vision of the future a reality. Every single person we have worked with at Unity Bank has been focused on meeting our goals.” The Syro-Malabar Church is an Apostolic Church in India. The local parish started 13 years ago with a monthly mass at Our Lady of Lourdes Church in Milltown before renting a church in East Millstone in 2004 and starting weekly mass. Two years later St. Thomas acquired its current church and rectory buildings at 44 Livings- ton Ave. n Arbor appoints PatrickBoyle as vice president UNIoNDALE, NY — Ar- bor Commercial Mortgage, LLC (Arbor) announced the ingArbor’s entire product line, including FHA, Fannie Mae, CMBS, Bridge, Mezzanine and Preferred Equity. He is based in the company’s Bel Air, MD, office and reports to ken Fazio , senior vice president, national production manager. Boyle brings more than 13 years of commercial real estate financial services to Arbor. Most recently, he served as vice president of a private Washington, DC-based lender specializing in commercial real estate financings nationwide. Boyle began his career with J.P. Morgan’s Investment Banking Division in NewYork, where he focused on leveraged buyouts in the retail and man- ufacturing sectors. During the past 12 years in the industry, Boyle has closed more than $2 billion in financings. n Patrick Boyle appointment of Patrick Boyle as vice p r e s i d e n t . Boyle is re- sponsible for originating multifamily loans nation- wide utiliz-
loan to St. Thomas Syro-Mala- bar Catholic Church of Frank- lin Twp., Somerset County, to fund the construction of a new 26,500 s/f church to be located at 510 Elizabeth Ave. near the intersection of Weston Road. Unity has also agreed to make a $5,000 donation to the parish’s Brick-by-Brick fund- raising campaign for the more than $6 million project. “Unity Bank is committed to supporting the communities we serve and St. Thomas is grow-
510 Elizabeth Ave.
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