Finance & Capital Markets

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

Investors Bank’s Cummings named board chair at Greater Trenton

Greater Trenton, the capital city’s nonprofit economic development arm, has tapped Investors Bank CEO and President Kevin Cummings as its new board chairman.

Jersey City: NYL inks $138 million loan for 45-story rental tower

A development team has landed financing for the second of two 45-story apartment towers in Jersey City, securing a $138 million loan from New York Life Real Estate Investors.

Jersey City developer lands $120 million in debt, equity for 631-unit project, Progress Capital says

The developer of a 631-unit apartment building in Jersey City has secured $84 million in construction financing and $36 million in equity, Progress Capital announced Friday.

JLL inks $20.5 million loan for Opportunity Zone acquisition in Jersey City

A fund operated by Columbia Property Trust has secured more than $20 million in financing to acquire a newly completed, 93-unit apartment building in Jersey City.

Rental properties in Essex, Camden extend Section 8 contracts with $51 million refi

The owner of two federally subsidized housing properties has closed on more than $50 million in financing, under a pair of transactions by Rockport Mortgage Corp.

NorthMarq sources $900,000 loan for East Rutherford post office building

The owner of a nearly 4,000-square-foot retail property in East Rutherford has closed on $900,000 in financing, in a newly completed transaction by NorthMarq.

JLL sources $16.8 million construction loan for Mercer County industrial project

The developers of a 340,000-square-foot industrial building in Mercer County have secured nearly $17 million in construction financing, under a newly announced transaction by JLL.

JLL inks $31 million bridge loan for Parsippany office buyer

The recent buyer of a Parsippany office building has secured more than $30 million in bridge financing, under a newly announced transaction by JLL.

Kennedy Funding closes $3 million loan for Belize resort development

Kennedy Funding has added to its international lending portfolio with the closing of a $3 million loan for a waterfront residential development in Belize.

JLL inks financing for 11-building portfolio in Raritan Center

Summit Associates has secured financing for an 11-building industrial portfolio in the Raritan Center business park in Edison, under a newly announced transaction by JLL.