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
Prime City, Manasquan Bank ink $7.5 million construction loan for Long Branch rental project

A developer has closed on $7.5 million in construction financing for a 31-unit apartment building in Long Branch, with a groundbreaking set to take place next month.

Photos
Inaugural ‘Deals & Dollars’ networking event draws 350 top CRE professionals

A new networking series for New Jersey’s commercial real estate sector is off to a fast start, having drawn more than 350 industry professionals to a recent event in Jersey City.

Finance & Capital Markets
Hampshire snags $62 million construction loan for 270-unit Hackensack rental project

An affiliate of The Hampshire Cos. has landed a $62 million construction loan for a 270-unit apartment building in downtown Hackensack, in a newly announced deal by Northmarq.

Finance & Capital Markets
Developers ink $58 million refi of 240-unit Journal Square rental building, JLL says

The owners of a six-year-old, 240-unit luxury apartment building in Jersey City have closed on $58 million in financing for the property, according to a debt placement team with JLL.

Finance & Capital Markets
BLT lands $257 million Greystone loan for The Beacon in Jersey City, C&W says

The owner of the nearly 1,200-unit apartment complex known as The Beacon in Jersey City has snagged more than $257 million in financing, brokers with Cushman & Wakefield announced.

Finance & Capital Markets
Progress sources $61 million acquisition loan for Vision Properties deal in Northern Virginia

An investor has secured more than $60 million in acquisition financing for a 270,000-square-foot office building in Northern Virginia, in a deal arranged by Progress Capital.

Finance & Capital Markets
Developer of 203-unit Newark rental tower inks $50 million construction loan, FM Capital says

A developer has secured nearly $50 million in financing for a planned 203-unit apartment building in Newark’s University Heights section, in a deal arranged by FM Capital.

Finance & Capital Markets
G.S. Wilcox sources $20 million construction loan for East Brunswick warehouse project

A developer has obtained a nearly $20 million construction loan for a roughly 147,000-square-foot industrial building in East Brunswick, in a deal arranged by G.S. Wilcox & Co.

Finance & Capital Markets
Progress Capital sources $15 million construction loan for 57-unit Roselle Park project

A developer has landed a nearly $15 million construction loan for a planned 57-unit apartment building in Roselle Park, in a deal arranged by Progress Capital.

Finance & Capital Markets
HSF inks $53 million construction loan for 135-unit North Bergen rental project

The developer of a new 10-story, 135-unit luxury apartment building in North Bergen has secured nearly $53 million in financing from HALL Structured Finance.