Finance & Capital Markets

With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.

Finance & Capital Markets
PCCP provides $162 million construction loan for 345-unit Hoboken Urby project

Commercial real estate finance firm PCCP has closed a $162 million senior construction loan in connection with the planned 16-story, 345-unit Urby apartment building in Hoboken.

Finance & Capital Markets
Cooper Horowitz: Self-storage builder lands $14 million construction loan

The developer of a new self-storage facility in Mount Laurel has secured more than $14 million in construction financing, in a deal arranged by Cooper Horowitz.

Residential & Mixed Use
NJCC provides $8.6 million in predevelopment funding for Bayfront project in Jersey City

New Jersey Community Capital is taking a stake in the acclaimed Bayfront project in Jersey City, making an $8.6 million preferred equity investment in the West Side redevelopment.

Finance & Capital Markets
Namdar snags $358 million construction loan for 1,126 new units in Journal Square, report says

Namdar Group is set to break ground on a combined 1,126 new apartments in Jersey City after reportedly securing $358 million in construction financing.

Finance & Capital Markets
Secaucus warehouse owner lands $23 million permanent loan, G.S. Wilcox says

The owner of a 200,000-square-foot warehouse in Secaucus has closed on $23 million in permanent financing, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
JLL sources $131 million loan for latest phases of Elmwood Park’s Riverwalk project

A developer has landed more than $131 million in senior financing for a four-building, 390-unit multifamily project in Elmwood Park, according to a debt placement team with JLL.

Finance & Capital Markets
Cronheim: Bedrin snags $33 million refi for Hawthorne apartment, retail project

The developer of 118 luxury apartment units and retail space in Hawthorne has secured a nearly $33 million loan to refinance the project, in a deal arranged by Cronheim Mortgage.

Finance & Capital Markets
Life insurer provides $85 million loan for 297-unit Overlook Flats in Jersey City, Wilcox says

The developer of a new 297-unit apartment building in Jersey City has landed $85 million in financing for the property, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
Bollerman inks refi for five-building, 115,000 sq. ft. Eatontown portfolio, JLL says

Bollerman Cos. has refinanced a nearly 115,000-square-foot office and industrial flex portfolio in Eatontown for an undisclosed amount, brokers with JLL announced Wednesday.

Finance & Capital Markets
KRE, National ink $255 million refi for 598-unit ‘Journal Squared’ tower, JLL says

KRE Group and National Real Estate Advisors LLC have refinanced the third phase of their landmark Journal Squared project in Jersey City, in a $255 million deal arranged by JLL.