Finance & Capital Markets

With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.

JLL: S. Hekemian Group lands financing for retail, surgery center project in Montvale

The S. Hekemian Group has secured financing for a project that will bring more than 84,000 square feet of medical and retail space to a sweeping redevelopment site in Montvale.

Developers ink $180 million construction loan for 1.7 million sq. ft. Pennsville logistics park

A joint venture has secured a $180 million construction loan for what will be a two-building, 1.7 million-square-foot industrial park just off the Delaware Memorial Bridge in Salem County.

Investor snags $10 million acquisition loan for 125,000 sq. ft. flex, office building in Whippany

The buyer of more than 125,000 square feet of flex warehouse and office space in Hanover has secured $10 million in financing for the deal, according to a team with Progress Capital.

‘Vinty’ developers ink $97 million loan for new 297-unit Elizabeth rental property, JLL says

The developers of a new 267-unit apartment building in Elizabeth have obtained more than $97 million in financing for the downtown property, brokers with JLL announced Tuesday.

JLL: Bridge lands $64 million construction loan for 211,000 sq. ft. spec warehouse in Newark

Bridge Industrial has secured $64.3 million in financing to build more than 200,000 square feet of new logistics space in Newark’s port district, brokers with JLL announced.

J.P. Morgan secures $45 million refi of 1.1 million sq. ft. Poconos warehouse, C&W says

An investment group has landed $45 million to refinance a nearly 1.1 million-square-foot industrial building in Pennsylvania’s Poconos region, about 25 miles outside New Jersey, in a deal arranged by Cushman & Wakefield.

G.S. Wilcox secures $8.5 million refi for Hampshire-owned warehouse in Teterboro

An affiliate of The Hampshire Cos. has secured $8.5 million to refinance a Teterboro industrial building spanning more than 86,000 square feet, in a deal arranged by G.S. Wilcox & Co.

Denholtz, Long Wharf secure financing for 109,000 sq. ft Piscataway warehouse, JLL says

A joint venture has landed a five-year, fixed-rate loan for a 109,000-square-foot industrial building in Piscataway, in a newly announced deal by JLL.

Wells Fargo inks $150 million construction takeout loan for 424-unit Hoboken rental project

Intercontinental Real Estate Corp. has secured $150 million in financing from Wells Fargo for a 424-unit luxury apartment in western Hoboken.

Urban Edge refis Bergen Town Center for $290 million, JLL says

Urban Edge Properties has secured $290 million to refinance its 1 million-square-foot Bergen Town Center in Paramus and Maywood, in a newly announced deal by JLL.