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
Boonton shopping center owner lands $11 million in permanent financing, Cronheim says

A real estate investment trust has secured an $11 million loan for a grocery-anchored shopping center in Boonton, according to a debt placement team with Cronheim Mortgage.

Finance & Capital Markets
BNE lands $78 million permanent loan for 291-unit South Amboy rental project, M&T says

BNE Real Estate Group has secured $78 million in permanent financing for a collection of 291 new apartments along the Raritan Bay, in a deal arranged by M&T Realty Capital Corp.

Finance & Capital Markets
JLL: Owner of 210,000 sq. ft. ex-headquarters building in Union Twp. refis for $31 million

The owner of a well-known office building in Union Township has landed $31 million to refinance the 210,000-square-foot property, in a deal arranged by JLL.

Finance & Capital Markets
BBCP inks $44 million refi for six-building, 390,000 sq. ft. Bergen County flex portfolio

The owner of nearly 390,000 square feet of flex commercial space in Allendale has refinanced the portfolio for $44 million, in a newly announced deal by Black Bear Capital Partners.

Finance & Capital Markets
JLL: Buyer inks $32 million loan for purchase, renovation of Hackensack rentals

The new owner of a 198-unit garden apartment complex in Hackensack has landed nearly $32 million in financing for the acquisition and for its plans to renovate the property.

Finance & Capital Markets
JLL: Owner of new 130,000 sq. ft. industrial facility in Ewing refis for $14.5 million

The owner of a newly built, 130,000-square-foot industrial building in Mercer County has refinanced the property for $14.5 million, in a newly announced deal by JLL.

Residential & Mixed Use
Developer lands $10 million construction loan for 44-unit Jersey City rental project

The developer of 44 new luxury apartments in Jersey City’s West Side neighborhood has secured nearly $10 million in construction financing, brokers with JLL announced.

Finance & Capital Markets
Sanzari refis two Glenpointe office buildings for $32 million, JLL says

Alfred Sanzari Enterprises Inc. has secured $32 million to refinance two pieces of its flagship Glenpointe campus in Teaneck, in a newly announced deal by JLL.

Finance & Capital Markets
STRO, KRE ink $60 million refi of new 205,000 sq. ft. Woodland Park industrial building

The STRO Cos. and Kushner Real Estate Group have secured $60 million to refinance a new 205,000-square-foot industrial development in Woodland Park.

Finance & Capital Markets
AST Financial, Summit Capital tout $51 million in homebuilder loans year to date

Lending platforms AST Financial and Summit Capital Partners have closed more than $51 million in construction financing year to date in 2022, the firms announced Tuesday.