Finance & Capital Markets

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

Progress Capital inks $22 million loan for new Camden County apartments

The developer of 141 apartments in Camden County has landed nearly $22 million in financing, under a transaction arranged by Progress Capital.

Kennedy Funding inks $1.5 million loan for buyer of ex-Temple University arts campus

The buyer of a former Temple University complex just outside Philadelphia has secured $1.5 million in financing, in a newly announced transaction by Kennedy Funding.

Procida inks $14.5 million construction loan for Bergen condo project

Procida Funding & Advisors has originated a $14.5 million construction loan to the developer of an age-restricted condominium property in Bergen County.

Owner of West Orange medical office building refinances, JLL says

Atkins Cos. has refinanced the debt on a nearly 121,000-square-foot medical office building in West Orange, brokers with JLL announced Monday.

JLL inks $9 million loan for owners of 78,000 sq. ft. industrial building

An investment group has landed a $9 million loan for a recently acquired industrial building in Berkeley Heights, in a newly completed transaction by JLL.

Cole Schotz advises on $90 million loan for Harrison development

An investment firm has closed nearly $90 million in financing for the development of a large mixed-use project in Harrison, according to a legal team with Cole Schotz PC.

JLL: Seagis lands $33 million loan for two-state, 410,000 sq. ft. industrial portfolio

The owner of a nine-building, 410,000-square-foot industrial portfolio in New Jersey and South Florida has secured nearly $33 million in permanent financing, according to brokers with JLL.

Kennedy Funding lends $1.4 million for 2,500-acre land deal in Jamaica

Kennedy Funding has closed a $1.4 million loan to the buyer of a vast stretch of waterfront land in southern Jamaica, the Englewood Cliffs-based lender announced this week.

G.S. Wilcox touts $44 million in out-of-state loans for commercial, multifamily assets

G.S. Wilcox & Co. has arranged five new out-of-state loans on behalf of its clients, including $18 million in financing for the owner of a Long Island shopping center.

Hoboken apartment owner refinances for $22 million, JLL says

The owner of a two-building, 50-unit apartment property in Hoboken has secured nearly $22 million in financing, in a transaction arranged by JLL.