Unity Bank Provides Multimillion Construction Loan for Clinton 122-Unit Assisted Living & Memory Care Center

December 21, 2023

https://www.globenewswire.com/news-release/2023/12/21/2800272/34252/en/Unity-Bank-Provides-Multimillion-Construction-Loan-for-Clinton-122-Unit-Assisted-Living-Memory-Care-Center.html

CLINTON, N.J., Dec. 21, 2023 (GLOBE NEWSWIRE) — Unity Bank has provided a multimillion construction loan to Somerset County entrepreneur Gulshan Chhabra to develop a 122-unit assisted living and memory care residential facility and an adult day care center at the site of Clinton’s former Holiday Inn at 111 West Main Street, which closed during the COVID-19 pandemic. Courtyard Luxury Senior Living, which includes 12 affordable housing units for Clinton, is scheduled to open in March and will hire approximately 80 employees.

Read more at globenewswire.com

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