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
KRE, National land $124 million refi of 458-unit Jersey City rental tower, Cronheim says

Kushner Real Estate Group and National Real Estate Advisors have secured more than $124 million to refinance a 458-unit residential tower in downtown Jersey City.

Finance & Capital Markets
Greystone, Tryko close $22 million refi of 101-unit affordable housing complex in Carteret

Greystone has provided a nearly $22 million loan to refinance a 10-building, 101-unit affordable housing property in Carteret.

Finance & Capital Markets
Provident inks $19 million construction loan for Newark self-storage project, JLL says

A development team has landed a $19 million construction loan for a 1,332-unit self-storage project in Newark’s Ironbound section, according to a debt placement team with JLL.

Finance & Capital Markets
G.S. Wilcox sources $31 million loan for 152,000 sq. ft. spec industrial project in Middlesex

A developer has secured $30.5 million in financing for a 152,000-square-foot industrial building in Middlesex County, according to a debt placement team with G.S. Wilcox & Co.

Finance & Capital Markets
Progress Capital sources $30 million construction loan for 155-unit Jersey City rental project

A developer has snagged a $30 million construction loan for a 155-unit multifamily project in Jersey City’s West Side neighborhood, in a deal arranged by Progress Capital.

Finance & Capital Markets
C&W: Developer inks $4.9 million acquisition, predevelopment loan for Edison parcel

A developer has landed a $4.9 million loan in connection with a 6.7-acre industrial parcel off Interstate 287 in Edison, in a deal arranged by Cushman & Wakefield.

Finance & Capital Markets
Greek lands $44 million construction loan for 287,000 sq. ft. Philly industrial project

Greek Real Estate Partners has secured a $44 million construction loan for what will be nearly 290,000 square feet of new industrial space in Philadelphia, its first project in the submarket.

Finance & Capital Markets
G.S. Wilcox closes $16.3 million in loans for Piscataway warehouse, Long Island retail center

The owner of more than 30,000 square feet of new industrial space in Piscataway has landed $5.7 million in financing, in one of two newly announced deals by G.S. Wilcox & Co.

Office
Developer acquires 240,000 sq. ft. Trenton office tower, eyes conversion to multifamily

The buyer of a 240,000-square-foot office building in downtown Trenton has secured a $4.5 million acquisition loan, in a deal arranged by Maverick Commercial Mortgage Inc.

Finance & Capital Markets
Private equity firm Northwind lends $35 million to upgrade 216-unit Newark apartment tower

By Joshua Burd The owner of a 216-unit apartment tower in Newark has snagged $35 million in financing for a major renovation of the building, in a deal originated by Northwind Group. Based in Manhattan, the real estate private equity…