The owner of a five-building commercial park in Bergen County has refinanced for $11 million, following a transaction arranged by brokers with JLL.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
Progress inks $34 million loan for Newark office building
The owners of a 200,000-square-foot office building in downtown Newark have secured $34 million in financing, under a newly announced transaction by Progress Capital.
HMFA: Tax credits will fund affordable 1,200 units, focus on Opportunity Zones
The state has detailed plans to finance 1,200 affordable housing units under a federal tax credit program, with an added focus on projects in Opportunity Zones and other newly added criteria.
KRE Group inks $45 million construction loan for Bayonne project
Bayonne,Kushner Real Estate Group,Harbor Station North,PNC Bank,People’s United Bank,151 Centre St., avison young
EDA touts $2.5 million loan for Trenton manufacturer
New owners have taken the reins of a nearly 40-year-old manufacturing firm, having recently acquired the company’s 160,000-square-foot warehouse facility in Trenton.
Wilcox inks $32 million loan for 151-unit rental complex in Maplewood
G.S. Wilcox & Co. has secured $32 million in financing for the owner of a recently built, 151-unit apartment community in Maplewood.
Eastman refinances grocery-anchored center in Livingston, HFF says
The owner of a grocery-anchored shopping center in Livingston has refinanced the nearly 96,000-square-foot property, following a transaction arranged by HFF.
HFF inks $36 million refi for Woodbridge cold storage project
A joint venture has closed on a nearly $36 million loan to refinance a fully leased, 182,154-square-foot cold storage facility in Woodbridge, following a transaction arranged by HFF.
TD Bank touts construction loan, affordable housing rehab in Camden
The Michaels Organization is on track to rehabilitate 64 historic affordable housing units in Camden, thanks in large part to financing from TD Bank and state and local funding sources.
New York Life, Hartz ink $115 million mortgage for Secaucus rental property
New York Life Real Estate Investors has completed $115 million in financing for Hartz Mountain Industries and its newly completed, 469-unit apartment complex in Secaucus.
