The firms behind a high-profile redevelopment project in Elizabeth have landed more than $20 million in equity alongside a $55 million construction loan, under a set of transactions by JLL.
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 inks $130 million mortgage for Manhattan cancer center project
The developers of a new Memorial Sloan Kettering facility in Manhattan have landed $130 million in financing, under a newly announced transaction by Progress Capital.
Procida inks $39 million construction loan for 200-unit Middlesex project
A developer has landed $39 million in construction financing for a new 200-unit apartment complex in Middlesex County, under a newly closed transaction by Procida Funding.
M&T closes $100 million loan for Hartz, Maxal rental project in Weehawken
A joint venture has secured $100 million in financing for a newly delivered, 236-unit apartment building along the Hudson waterfront, in a newly announced transaction by M&T Bank.
Citizens Bank inks $55 million construction loan for 267-unit Elizabeth project
A development group has landed $55 million in financing for a planned 267-unit apartment complex in Elizabeth, in a newly closed transaction by Citizens Commercial Banking.
Hudson County condo project lands $44 million in financing
A private lending platform has closed on a $44 million construction loan to the developer of a 55-unit condominium project in Union City.
Kennedy Funding inks $1 million loan for 22-acre project in Tulsa
Kennedy Funding has closed on more than $1 million in financing to help pave the way for a planned mixed-use development in Tulsa, Oklahoma.
Mack-Cali lands $300 million loan for 750-unit tower in Jersey City, CBRE says
Mack-Cali Realty Corp. has closed on a $300 million construction loan for its planned 750-unit residential tower in downtown Jersey City, brokers with CBRE announced Monday.
JLL inks $32 million refi for Hampshire-owned shopping center in Lyndhurst
The Hampshire Cos. has secured a $32 million loan to refinance a fully leased, grocery-anchored retail center in Lyndhurst, under a newly completed transaction by JLL.
JLL details sale, financing of Cherry Hill office portfolio
The buyer of three office buildings in Cherry Hill has completed its purchase with nearly $25 million in acquisition financing, brokers with JLL announced Tuesday.
