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
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.

Finance & Capital Markets
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.

Finance & Capital Markets
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.

Finance & Capital Markets
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.

Finance & Capital Markets
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.

Finance & Capital Markets
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.

Finance & Capital Markets
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.

Professional Services
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.

Finance & Capital Markets
PGIM Real Estate commits $150,000 to nonprofits focused on racial equity, social justice

PGIM Real Estate has announced several new partnerships aimed at bolstering the firm’s commitment to supporting racial equity and social justice in the U.S.

Features
Nonprofit eyes rehab, expansion of Trenton home as permanent hub for living and learning

A nonprofit serving marginalized high school girls in Trenton has purchased a three-story house in the city that it now hopes to renovate into a permanent dwelling for the organization, one that would nearly quadruple its student population, while bringing its team of educators and administrators under one roof.