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
Namdar snags $358 million construction loan for 1,126 new units in Journal Square, report says

Namdar Group is set to break ground on a combined 1,126 new apartments in Jersey City after reportedly securing $358 million in construction financing.

Finance & Capital Markets
Secaucus warehouse owner lands $23 million permanent loan, G.S. Wilcox says

The owner of a 200,000-square-foot warehouse in Secaucus has closed on $23 million in permanent financing, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
JLL sources $131 million loan for latest phases of Elmwood Park’s Riverwalk project

A developer has landed more than $131 million in senior financing for a four-building, 390-unit multifamily project in Elmwood Park, according to a debt placement team with JLL.

Finance & Capital Markets
Cronheim: Bedrin snags $33 million refi for Hawthorne apartment, retail project

The developer of 118 luxury apartment units and retail space in Hawthorne has secured a nearly $33 million loan to refinance the project, in a deal arranged by Cronheim Mortgage.

Finance & Capital Markets
Life insurer provides $85 million loan for 297-unit Overlook Flats in Jersey City, Wilcox says

The developer of a new 297-unit apartment building in Jersey City has landed $85 million in financing for the property, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
Bollerman inks refi for five-building, 115,000 sq. ft. Eatontown portfolio, JLL says

Bollerman Cos. has refinanced a nearly 115,000-square-foot office and industrial flex portfolio in Eatontown for an undisclosed amount, brokers with JLL announced Wednesday.

Finance & Capital Markets
KRE, National ink $255 million refi for 598-unit ‘Journal Squared’ tower, JLL says

KRE Group and National Real Estate Advisors LLC have refinanced the third phase of their landmark Journal Squared project in Jersey City, in a $255 million deal arranged by JLL.

Finance & Capital Markets
Kennedy Funding inks land loan for Suffern residential parcels

Kennedy Funding has closed a new land loan in connection with a nearly six-acre residential development site in Suffern, New York, just north of the New Jersey state line.

Finance & Capital Markets
Kennedy Funding inks $1.6 million loan to bring much-needed housing to Maine’s South Coast

Kennedy Funding has closed a $1.633 million loan to the developer of what will be 13 single-family homes in southern Maine, the Englewood-based lender announced Friday.

Finance & Capital Markets
JLL: Buyer of Newark’s Springfield Avenue Marketplace lands $23 million acquisition loan

The new owner of a grocery-anchored shopping center in Newark has closed on more than $23 million in acquisition financing, in a newly announced deal by JLL.