People's United Bank Leads $64 Million Construction Facility for Roseland Residential Trust BRIDGEPORT, Conn. , Nov. 19, 2019 |PRNewswire| -- People's United Bank , N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT ), announced its Commercial Real Estate and Capital Markets Divisions provided a $64 million Construction Facility to Roseland Residential Trust, a subsidiary of Mack-Cali Realty Corporation. Roseland is an owner, manager and developer of luxury lifestyle-oriented multi-family and mixed-use properties in select waterfront and transit-oriented markets throughout the Northeast. The Facility provides Roseland with capital to construct a 195-unit luxury residential development with a 391 space parking garage in Short Hills, New Jersey , increasing their market-share and supporting economic and community growth locally and state-wide. "We are pleased to expand our existing relationship with Roseland to help grow their life-style oriented property portfolio in New Jersey ," said Laura Greenfield , EVP, Commercial Real Estate, People's United Bank. "For Roseland , it was critical …