Finance & Capital Markets

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

Birch Group partnership inks $328 million debt, equity package for 101 Hudson purchase

The buyers of 101 Hudson St. in Jersey City have secured $328 million in debt and equity financing for the 42-story, 1.35 million-square-foot office tower.

Navigating a challenging market with Meridian’s Russ Drebin

Up until the last few months, this year was great. Rates were relatively low, and I was proactively advising clients to take advantage of the market while it was tame. However, since the market has taken a turn, it has been even more important to advise clients in a way that is transparent and focused on their specific goals. Knowing your client and knowing what their goals are will allow you to help them during a time when the market is great, and conversely at times when the market is not so great.

Cronheim sources permanent loan for 104-unit Vineland apartment property

Cronheim Mortgage has secured $4.1 million in permanent financing for a 104-unit garden-style apartment community in Vineland, the Chatham-based firm announced.

Bridge Industrial inks $33 million construction loan for East Hanover project, JLL says

Bridge Industrial has obtained a $33 million construction loan for a project that will bring more than 300,000 square feet of new warehouse space to Morris County.

LCD Commercial sources $3.6 million loan for 33-unit Paterson housing portfolio

The owner of a 33-unit housing portfolio in Paterson has secured more than $3.6 million in financing for the properties, according to Totowa-based LCD Commercial Lending.

C&W: Camber secures $89 million refi for South Jersey, Bucks County industrial portfolio

Camber Real Estate Partners has refinanced a 25-building, 1.2-million-square-foot light industrial portfolio in southern New Jersey and Pennsylvania for more than $89 million.

C&W: Investors land $27 million acquisition loan for Port Newark spec industrial site

An investment group has procured a $27.3 million acquisition loan for a nearly 10-acre industrial parcel adjacent to Newark Liberty International Airport.

JLL sources $47 million acquisition loan for Thor industrial deal in Passaic

An institutional lender has provided $47 million in financing to Thor Equities Group for a recently acquired, 330,000-square-foot industrial building in Passaic.

Denholtz, Redwood ink $32 million construction loan for Bound Brook rental project, JLL says

A joint venture has landed more than $32 million in construction financing for a planned 143-unit apartment building in Bound Brook, brokers with JLL announced Thursday.

Neuer joins JLL capital markets team in New Jersey

JLL has bolstered its New Jersey capital markets team in the region with the addition of Jeremy Neuer, a prominent broker in the state and an expert in the office sector.