Oak Funding provides $80M refinance for Latitude office campus in Parsippany, NJ

Oak Funding originated an $80 million refinancing loan secured by the Latitude office complex at 369-399 Interpace Parkway in Parsippany, New Jersey. The sponsorship is a joint venture between Rubenstein Partners and Vision Real Estate Partners, and Oak Funding cited occupancy gains to more than 90% and an active leasing pipeline as part of the credit story.