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$26 Million Loan Paving Way for 102-Unit Apartment Building in Guilderland, NY

2/19/2026 6:33:08 PM

102-unit apartment building in Guilderland, NY - Bird's Eye Final View
FAIRFIELD, NJ – Supporting development of a 102-unit apartment building within the Hamilton Parc 55+ community in Guilderland, NY, Kearny Bank has provided $26 million in financing to Hiawatha Land Development. The loan is helping fund construction costs for the project, which is scheduled for completion late in 2026. 

Located on a 6.6-acre site, the 108,000-square-foot, three-story structure is the second phase of Hamilton Parc. Phase I, completed in 2024, consists of 154 units and offers an array of amenities. 

“We’re committed to supporting commercial development throughout markets – like Guilderland and all of New York’s Capital District – where we have the privilege of conducting business,” says Gary Brozowski, Kearny Bank’s Director of Commercial Real Estate Lending. “Working with clients like the principals of Hiawatha on this type of project helps strengthen local economies while fostering sustained growth.”

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

 

102-unit apartment building in Guilderland, NY - Exterior Final


 

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, Twitter, LinkedIn and YouTube.

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