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
Alpine snags $143 million construction loan, equity for 500-unit ‘Scholars Village’ project near Liberty Science Center, JLL says

Alpine Residential has landed a nearly $143 million construction loan and equity for a plan to build 500 apartments on the doorstep of the Liberty Science Center in Jersey City.

Finance & Capital Markets
JLL: Developer lands $81 million financing package for new Jersey City rental properties

Alpine Residential has secured more than $81 million in financing for two of its newly delivered apartment buildings in Jersey City, brokers with JLL announced Tuesday.

Finance & Capital Markets
Silver Arch closes $14.5 million bridge loan for Brooklyn condominium units

Silver Arch Capital Partners has completed a $14.5 million bridge loan to the developer of a condominium property in Brooklyn’s Williamsburg section.

Finance & Capital Markets
JLL: Oliver Street Capital lands $22 million acquisition loan for South Plainfield IOS site

An investment firm has secured more than $22 million in acquisition financing for a set of industrial outdoor storage properties in South Plainfield, brokers with JLL announced.

Finance & Capital Markets
Kennedy Funding inks $1.7 million land loan for Dominican Republic resort project

Kennedy Funding has closed a $1.7 million land loan to the firm behind a planned luxury resort property in the Dominican Republic.

Finance & Capital Markets
Owner of Hampton Inn near Newark Airport refis with new senior loan, Cronheim says

The owner of a newly updated hotel near Newark Liberty International Airport has refinanced the property, in a deal arranged by Cronheim Hotel Capital.

Finance & Capital Markets
Reynolds inks $30.5 million refi for 103-unit Orange rental project, in JLL-brokered deal

Reynolds Asset Management has closed on a $30.5 million loan to refinance a new 103-unit apartment building in Orange, the developer announced Tuesday.

Finance & Capital Markets
Buyer of 77-unit Somerset rental property lands $18 million bridge loan from NewPoint

NewPoint Real Estate Capital has provided $17.75 million in bridge financing to the buyer of a new 77-unit multifamily property in the Somerset section of Franklin Township.

Finance & Capital Markets
Cronheim sources $5.9 million refi for 90,000 sq. ft. New Providence flex building

The owner of nearly 90,000 square feet of industrial flex space in New Providence has refinanced the property for $5.85 million, in a deal arranged by Cronheim Mortgage.

Finance & Capital Markets
Deutsche Bank provides $68 million refi for Crystal Springs Resort in Hamburg

The owners of Crystal Springs Resort in Sussex County have secured a $68 million loan to refinance the sprawling hospitality destination, in a deal arranged by Newmark.