Greater Trenton, the capital city’s nonprofit economic development arm, has tapped Investors Bank CEO and President Kevin Cummings as its new board chairman.
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.
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.
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.
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.
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.
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.
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 has added to its international lending portfolio with the closing of a $3 million loan for a waterfront residential development in Belize.