The Michaels Organization is on track to rehabilitate 64 historic affordable housing units in Camden, thanks in large part to financing from TD Bank and state and local funding sources.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
New York Life, Hartz ink $115 million mortgage for Secaucus rental property
New York Life Real Estate Investors has completed $115 million in financing for Hartz Mountain Industries and its newly completed, 469-unit apartment complex in Secaucus.
Meridian inks $52 million refi for Aberdeen rental project
BNE Real Estate Group has secured $52 million in financing for a newly built, 227-unit apartment complex in Aberdeen, under a transaction arranged by Meridian Capital Group.
Ex-NFL receiver, Amboy Bank ink $51 million loan for Bordentown development
Amboy Bank has closed on some $51 million in financing to help a former NFL player develop more than 400,000 square feet of retail and medical office space in Bordentown.
Buyer of Woodbridge retail center lands $25.5 million acquisition loan, HFF says
Woodbridge Crossing,451-479 Green St.,Woodbridge,HFF,PAG Investments,Citizens Bank,Onyx Equities LLC
C&W: Logistics firm inks $51.5 million in financing for North Bergen complex
A logistics operator has landed $51.5 million to refinance two loans and expand beyond its 730,000-square-foot complex in North Bergen, in a deal arranged by Cushman & Wakefield.
Investor lands $41 million acquisition loan for 768,000 sq. ft. portfolio in Warren, Somerset
The buyer of a seven-building, 768,244-square-foot portfolio in Somerset County has secured $41 million in financing, brokers with Cushman & Wakefield announced Tuesday.
Meridian inks $27.5 million loan for 117-unit rental project in Somerville
The developer of a newly built, 117-unit apartment building in Somerville has refinanced for $27.5 million, under a newly announced transaction by Meridian Capital Group.
Tulfra secures $11.7 million loan for warehouse, self-storage project in West Caldwell
Tulfra Real Estate has landed $11.7 million in financing for a repurposed industrial property in West Caldwell, where it recently inked a long-term, 68,000-square-foot lease and is now building a 760-unit self-storage facility.
Amboy Bank, B-360 ink $33 million construction loan for East Orange project
Amboy Bank has closed on a $33 million construction loan for the developer of an 18-story luxury residential building in East Orange, the latest partnership between the two entities.
