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 Capital inks $55 million loan for Newark architecture, design school project

A development team has landed nearly $55 million in financing to build out a new design-focused high school at the site of a long-shuttered hospital in Newark.

Westwood industrial owner refis for $5.8 million, Polaris says

The owner of a 46,000-square-foot industrial building in Bergen County has refinanced the property for $5.8 million, under a deal arranged by Polaris Funding.

LCOR, Madison International land $87 million loan for Montclair luxury apartments

The owners of a two-building, 258-unit multifamily property in Montclair have closed on more than $87 million in financing for the asset, in a deal arranged by JLL.

Developer snags $63 million permanent loan for new Jersey City rentals, BlueGate says

Fields Grade Development has landed $63 million in permanent financing in connection with a new luxury apartment complex in Jersey City, according to BlueGate Partners LLC.

Veteran banker Markey joins Valley as senior vice president, head of CRE division

Valley Bank has tapped a longtime lending executive as a new senior vice president and head of its commercial real estate division.

What’s in store for New Jersey’s commercial real estate market in 2022?

Over the course of the pandemic, commercial real estate has experienced notable highs and lows. The current market has rebounded vigorously and now exceeds pre-pandemic levels. To learn what’s in store in 2022, we sat down with Cushman & Wakefield’s powerhouse New Jersey Capital Markets team. Founded by Andy Merin in 1987, the team has been involved in more than $34 billion in property sales throughout its tenure.

Developer of 629-unit Jersey City rental property lands $160 million perm loan

The developer of more than 600 new apartments in Jersey City’s West Side neighborhood has refinanced the property for $160 million, in a transaction arranged by Progress Capital.

G.S. Wilcox sources $19.4 million in loans for New Jersey, Pennsylvania office buildings

An investor has secured $19.4 million in financing in connection with an office building in Middlesex County and a second near Philadelphia, according to G.S. Wilcox & Co.

New Jersey real estate projects, people take center stage at annual ULI gala (PHOTOS)

Commercial real estate industry leaders gathered recently to celebrate a host of projects and individuals as part of the Urban Land Institute of Northern New Jersey’s annual awards gala.

Developers ink $97 million construction loan for 336-unit rental project in Jersey City

A joint venture has locked in nearly $97 million in financing to build a new 336-unit luxury apartment building in Jersey City, in a deal arranged by BlueGate Partners LLC.