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
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.

Finance & Capital Markets
JLL: Developer of 42-unit Journal Square building snags $13 million construction loan

A new 42-unit apartment building is coming to Jersey City’s Journal Square with the help of a $13.1 million construction loan, according to a debt placement team with JLL.

Finance & Capital Markets
LEG scores $61 million construction loan for 420,000 sq. ft. Hamilton industrial project

Lincoln Equities Group has landed nearly $61 million in financing to build more than 420,000 square feet of new industrial space in Hamilton, brokers with Cushman & Wakefield said.

Finance & Capital Markets
STRO, Truist close $25 million loan to refi 353,000 sq. ft. Wayne industrial building

The STRO Cos. has closed on a $25 million loan to refinance a fully leased, 353,000-square-foot industrial building in Wayne that it has owned for more than 30 years.