Investors Bank inked nearly $2.5 billion in commercial real estate loans in 2018, including $385 million in volume across 19 transactions to close out the year.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
HFF: Accordia recaps, buys out partner at Fairfield office building
A longtime partner in a Fairfield office building has assumed full ownership, thanks in part to more than $27 million in financing arranged by brokers with HFF.
New York Life, Roseland ink $117 million mortgage for Jersey City rental tower
New York Life Real Estate Investors has completed $117 million in financing for a three-year-old, 311-unit luxury apartment tower in Jersey City developed by Roseland Residential Trust.
Englewood Cliffs lender inks $1.35 million loan for Florida rental building
Kennedy Funding has closed a $1.35 million loan for the owner of a 12-unit apartment building about an hour north of Miami, the Englewood Cliffs-based lender announced.
Tulfra inks $10.3 million loan for Rochelle Park self-storage project
Tulfra Real Estate is on track to begin its redevelopment of a former AT&T data center site in Rochelle Park after landing a $10.3 million construction loan for a new self-storage facility.
Progress inks $21 million refi loan for Jersey City multifamily owner
The owner of 11 multifamily buildings in Jersey City has obtained a $21 million loan to refinance the portfolio, in a transaction arranged by Progress Capital.
KRE, National ink $258 million loan for Journal Squared phase two
Kushner Real Estate Group and National Real Estate Advisors LLC have closed on $258 million in construction financing for the second phase of Journal Squared, their high-profile mixed-use development in Jersey City’s historic Journal Square neighborhood.
Rockaway retail center refinances for $10 million, JLL says
The owner of an 89,000-square-foot shopping center in Rockaway has refinanced the property for $10 million, brokers with JLL announced Wednesday.
New York Life inks $31 million loan for Jersey City office building
Hartz Mountain Industries has landed $31 million in financing for a well-known office building on the Hudson waterfront, thanks to a loan provided by New York Life Insurance Co.
Progress inks $10 million loan for Brick apartment developer
The developer of a 44-unit apartment building in Brick has landed a $10 million loan for the project, under a transaction arranged by Progress Capital.
