Finance & Capital Markets

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

Community
NJBankers recognizes Spencer Savings Bank for commitment to community service

A top trade association has honored Spencer Savings Bank for its ongoing support of community organizations and nonprofits, the Elmwood Park-based lender announced.

Finance & Capital Markets
JLL inks $12 million refi for two-building, 114,000 sq. ft. industrial portfolio in Elmwood Park

Alfred Sanzari Enterprises has secured $12.2 million to refinance two Elmwood Park industrial buildings totaling nearly 114,000 square feet, brokers with JLL announced Tuesday.

Finance & Capital Markets
Apartment owner closes $79 million refi for New Jersey, Bronx apartment portfolio

The owner of an apartment portfolio spanning more than 1,000 units in New Jersey and the Bronx has refinanced for nearly $80 million, in a deal arranged by Eastern Union.

Residential & Mixed Use
Spencer closes $9 million loan for 58-unit Hackensack rental building

Spencer Savings Bank has originated $9 million in financing to the owner of a 58-unit apartment building in Hackensack, the lender announced recently.

Finance & Capital Markets
JLL: Denholtz inks $11 million permanent loan for 288-unit high-rise complex in Rahway

Denholtz Properties has closed on $11 million in permanent financing for a two-building, 288-unit apartment property in downtown Rahway.

Finance & Capital Markets
Owner of ShopRite-anchored center in Belleville refis for $12 million, Cronheim says

The owner of a grocery-anchored shopping center in Belleville has refinanced the property for nearly $12 million, brokers with Cronheim Mortgage announced Friday.

Finance & Capital Markets
Penwood snags $40 million acquisition loan for 274,000 sq. ft. Bordentown warehouse, JLL says

An investment manager has added to its New Jersey real estate holdings, acquiring a Bordentown industrial building with the help of a $40 million loan arranged by JLL.

Finance & Capital Markets
JLL inks $47 million Fannie Mae loan to refi Ocean County apartments

The owner of a garden apartment complex in Ocean County has refinanced the property for more than $47 million, brokers with JLL announced Tuesday.

Finance & Capital Markets
C&W: Owner of The Beacon in Jersey City seeking up to $325 million in refinancing

The owner of a landmark 1,155-unit residential complex in Jersey City is seeking to refinance the property for up to $325 million, brokers with Cushman & Wakefield announced.

Professional Services
Private Lender Law acquires industry conference, trade association

The Marlboro-based firm known as Private Lender Law has broadened its role in the industry with the acquisition of an annual conference platform and a trade association.