Finance & Capital Markets

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

Finance & Capital Markets
PGIM details $64 million acquisition loan to Longpoint for Totowa industrial portfolio

Longpoint Partners LP has secured nearly $64 million in financing for its purchase of more than 448,000 square feet of shallow-bay industrial space in Totowa.

Finance & Capital Markets
JLL: Tulfra lands $44 million, five-year loan for new 160-unit rental property in Rochelle Park

Tulfra Real Estate has secured $44 million in financing for its newly built, 160-unit luxury apartment building in Rochelle Park, brokers with JLL announced Thursday.

Finance & Capital Markets
Spencer closes loans for Bridgewater medical office building, Newark housing project

The owner of a medical office building in Bridgewater has secured nearly $8 million in permanent financing, in one of two recent closings by Spencer Savings Bank.

Finance & Capital Markets
Hotel developer inks construction loan for 128-key Marriott property in Lyndhurst

A developer has secured a $14.6 million construction loan to build a 128-key extended-stay hotel in the Meadowlands, in a transaction arranged by Cronheim Mortgage.

Residential & Mixed Use
Bayport Funding closes $5.2 million acquisition, construction loan for Fort Lee rental project

A private developer has closed on $5.2 million in financing in connection with a planned seven-unit apartment building in Fort Lee, its lender announced Thursday.

Finance & Capital Markets
Capodagli, SCALE ink $75 million bridge loan for 294-unit Little Ferry rental project

Capodagli Property Co. has closed on a $75 million bridge loan with SCALE Lending that will support its delivery of nearly 300 new apartments in Little Ferry.

Finance & Capital Markets
Eastern Mortgage Capital funds $10.6 million loan for 38-unit Gloucester Co. rental property

The owner of a 38-unit apartment complex in Gloucester County has secured more than $10.6 million in permanent financing for the property, its lender announced last week.

Finance & Capital Markets
Kennedy Funding closes latest land loan to help spur hotel project in Washington State

Kennedy Funding has closed a $1.28 million land loan to a developer hoping to bring a hotel to a growing residential and tourism area in Washington State.

Finance & Capital Markets
B&D Holdings lands $23 million acquisition loan for 206,000 sq. ft. Exit 9 industrial campus

B&D Holdings has secured a $23 million acquisition loan for more than 200,000 square feet of industrial space in New Brunswick, brokers with JLL announced Thursday.

Finance & Capital Markets
Frassetto Cos. inks $10 million loan for new Hudson Valley warehouse, in JLL-brokered deal

Frassetto Cos. has landed $10 million in permanent financing for more than 80,000 square feet of new warehouse space in New York’s Orange County, brokers with JLL announced.