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
Life insurer provides $85 million loan for 297-unit Overlook Flats in Jersey City, Wilcox says

The developer of a new 297-unit apartment building in Jersey City has landed $85 million in financing for the property, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
Bollerman inks refi for five-building, 115,000 sq. ft. Eatontown portfolio, JLL says

Bollerman Cos. has refinanced a nearly 115,000-square-foot office and industrial flex portfolio in Eatontown for an undisclosed amount, brokers with JLL announced Wednesday.

Finance & Capital Markets
KRE, National ink $255 million refi for 598-unit ‘Journal Squared’ tower, JLL says

KRE Group and National Real Estate Advisors LLC have refinanced the third phase of their landmark Journal Squared project in Jersey City, in a $255 million deal arranged by JLL.

Finance & Capital Markets
Kennedy Funding inks land loan for Suffern residential parcels

Kennedy Funding has closed a new land loan in connection with a nearly six-acre residential development site in Suffern, New York, just north of the New Jersey state line.

Finance & Capital Markets
Kennedy Funding inks $1.6 million loan to bring much-needed housing to Maine’s South Coast

Kennedy Funding has closed a $1.633 million loan to the developer of what will be 13 single-family homes in southern Maine, the Englewood-based lender announced Friday.

Finance & Capital Markets
JLL: Buyer of Newark’s Springfield Avenue Marketplace lands $23 million acquisition loan

The new owner of a grocery-anchored shopping center in Newark has closed on more than $23 million in acquisition financing, in a newly announced deal by JLL.

Photos
In the Moment: Onyx cofounders receive Kislak Institute’s Leadership Excellence Award

From left: Cynthia Daly, interim director of the Kislak Real Estate Institute at Monmouth University, presented the program’s Leadership Excellence Award on May 29 to Onyx Equities cofounders Jonathan Schultz and John Saraceno Jr., who received the honor on behalf of their Woodbridge-based firm. The company is behind many of New Jersey’s most complex and high-profile development projects and investments that have repositioned major commercial properties, including the 2 million-square-foot Northeast Science & Technology Center at the former Merck & Co. campus in Kenilworth, as well as the modernization of the four-building, 2.3 million-square-foot Gateway office complex in Newark.

Finance & Capital Markets
Kennedy Funding closes $8 million in land loans in two countries in 14 days

Kennedy Funding has closed four land loans totaling more than $8 million in recent weeks, including three outside its home state of New Jersey and a fourth in South America.

Finance & Capital Markets
JLL: Donato Group scores $23 million loan for 190,000 sq. ft. light industrial portfolio in Wall

The Donato Group has obtained nearly $23 million in financing for some 190,000 square feet of light industrial space in Wall Township, brokers with JLL announced Tuesday.

Finance & Capital Markets
C&W: Advance, Greek land $300 million permanent loan for Linden Logistics Center phase two

Advance Realty Investors and Greek Real Estate Partners have closed on $300 million in permanent financing for nearly 1.6 million square feet of new industrial space in Linden.