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
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.

Finance & Capital Markets
JLL: Developers land $58 million permanent loan for new 220-unit Englewood property

A joint venture has snagged nearly $58 million in permanent financing for a newly built, 220-unit apartment property in downtown Englewood, brokers with JLL announced.

Finance & Capital Markets
Newark, Irvington apartment owner refis for $39 million, Greystone says

The owner of a 287-unit apartment portfolio in Essex County has refinanced for more than $39 million, Greystone said, securing the debt under Freddie Mac’s Small Balance Loans program.

Finance & Capital Markets
Cronheim: Owner of newly built Hillsborough apartments snags $49 million permanent loan

The owner of a new mixed-use town center development in Hillsborough has secured a $49 million permanent take-out loan, according to an advisory team with Cronheim Mortgage.

Finance & Capital Markets
JLL inks $26 million construction loan for 115-unit luxury rental project near Princeton

A developer has landed a $26.3 million construction loan for a planned 115-unit luxury apartment property outside Princeton, brokers with JLL announced Wednesday.

Finance & Capital Markets
JLL: Developer inks $18 million financing package for new rentals in West New York

A private developer has secured construction financing for a 48-unit multifamily project in West New York and a second loan for an existing property in the town, brokers with JLL said.

Finance & Capital Markets
Wells Fargo taps new commercial banking division sales executive in metro N.J., N.Y.

Wells Fargo has named a new commercial banking division sales executive for the metro New Jersey and New York region.