4-26-13

Mid Atlantic Real Estate Journal — Owners, Developers & Managers — April 26 - May 9, 2013 — A

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O wners , D evelopers & M anagers From the New Jersey Subcontractors Association Hillcrest Paving & Excavating receives subcontractor award

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ast Brunswick, NJ — Hillcrest Pav- ing was the recipient

capacity. Hillcrest is an active member of many associations including the New Jersey Subcontractors Association (NJSA), Utility & Trans- portation Contractors As- sociation (UTCA) , Land Improvement Contractors of America (LICA), Build- ing Owners and Manag- ers Associations (BOMA), Community Associations Institute (CAI) and many others. This award was accepted by the company president, Ger- ald J. Giordano (Jerry) on behalf of the company and its employees. Hillcrest Paving & Excavat-

ing was also the recipient of one of the NJSA 2012 Safety Awards presented the same evening. This award defines Hillcrest Paving’s commit- ment to a safe work environ- ment for the benefit of its employees and clients. The safety award was ac- cepted by JimGiordano , the company’s vice president, who noted “Hillcrest Paving & Ex- cavating has made it a point to ensure that safety on and off the job site is a number one priority and we are proud to be honored for the company’s accomplishments as well as the accomplishment of our employees.” n

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of the New Jersey Sub- contractors Association (NJSA) 2012 “Subcontrac- t o r o f t he Year Award” at theAnnual Awards Din-

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Jerry Giordano

Mid Atlantic R EAL E STATE J OURNAL

ner. This prestigious award defines Hillcrest Paving’s com- mitment to quality workman- ship, integrity within the in- dustry and superior service to their clients. The commitment to excellence shown every day from the company’s employees and management has earned Hillcrest Paving the distinc- tion of being recognized as one of New Jersey’s premier asphalt paving and site work construction companies. Hillcrest Paving & Excavat- ing was incorporated in 1979 and is registered as a New Jersey Public Works Contrac- tor and is a qualified SBE. Hillcrest is also prequalified by the New Jersey Schools De- velopment Authority (SDA), the New Jersey Economic Development Authority (NJE- DA) and the New Jersey Divi- sion of Property Management and Construction (DPMC) with a $10,000,00 bonding Eastern Union arranges $21m in NJ multi-family’s New Jersey — Eastern Union Funding announced that it has arranged approxi- mately $21 million in financing for multi-family properties in New Jersey. Select transactions include: • $9.5 million to refinance a 171 unit multi-family property in Somers Point on a 10 year term, at 4.04 percent, and 30 year amortization. Jeffrey Seidenfeld of Eastern Union arranged the transaction. • $3.5 million to refinance a 45 unit multi-family property in Union City on a 3 year term, at 3.50 percent, and 30 year amortization. Michael Muller of Eastern Union arranged the transaction. • $2.2 million to refinance a 73 unit multi-family property in Trenton on a 10 year term, at 3.88 percent, and 30 year amortization. David Eisen of Eastern Union arranged the transaction. n

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