Progress Capital Advisors has secured more than $4 million for a client to refinance and upgrade two medical office properties in downtown Irvington.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
Developer refis 79,000 sq. ft. office building for $8.8 million, HFF says
The owner of an office building in Eatontown has refinanced the property for $8.8 million, in a transaction arranged by brokers with HFF.
Wilcox touts $2.5 million loan for historic Morristown property
G.S. Wilcox & Co. has brokered $2.5 million in financing for a nearly 24,000-square-foot, mixed-use building in downtown Morristown.
Developer lands $258 million loan package for 1,161 units in three towns
A developer has secured nearly $260 million in financing for multifamily projects in Bayonne, Linden and Raritan, following a transaction arranged by Meridian Capital Group.
Hackensack lender debuts new $1 million to $12 million loan program for real estate
Silver Arch Capital Partners has launched a new special loan program that it says will offer lower rates for income-producing real estate.
HFF sources $13 million loan to refinance, expand Gloucester Co. industrial site
A joint venture has secured $13 million to refinance and expand a 113,000-square-foot industrial building in West Deptford, in a transaction arranged by HFF.
New York Life inks $135 million loan for mixed-use Fort Lee project
New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.
Procida fund tops $500 million in loan originations
A fund operated by Procida Funding has surpassed $500 million in loan originations, following the recent closing of a $38 million loan for a higher education project.
Developers land $64 million loan for Hoboken ‘Wonder Lofts’ project
A joint venture has closed on a $64 million loan for its plans to convert a historic Wonder Bread factory in Hoboken into an 89-unit luxury residential building.
Progress closes $4.2 million loan for South Bronx project
Progress Capital Advisors has brokered more than $4 million in financing for the developer of a seven-unit luxury residential complex in the South Bronx, the Tinton Falls-based firm said.
