Procida Funding & Advisors is touting the completion of nearly $135 million in originations in 2019, including a recent loan to help redevelop a historic pier destroyed by Hurricane Sandy.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
Progress sources $85 million loan for Bronx historic rehab project
The owners of a refurbished historic warehouse building in the Bronx have refinanced the property for $85 million, under a newly announced transaction by Progress Capital.
Kennedy inks $3 million loan for Bahamas developer
Kennedy Funding has closed a $3 million loan to the developer of a new residential community in the Bahamas, the Englewood Cliffs-based direct private lender announced Monday.
Square Mile, Meridian tout $200 million refi for iconic Bell Works project
The owners of the landmark Bell Works complex in Holmdel have secured a $200 million loan to refinance the mixed-use, 1.4 million-square-foot property.
JLL details equity, debt package for 267-unit Elizabeth project
The firms behind a high-profile redevelopment project in Elizabeth have landed more than $20 million in equity alongside a $55 million construction loan, under a set of transactions by JLL.
Progress inks $130 million mortgage for Manhattan cancer center project
The developers of a new Memorial Sloan Kettering facility in Manhattan have landed $130 million in financing, under a newly announced transaction by Progress Capital.
Procida inks $39 million construction loan for 200-unit Middlesex project
A developer has landed $39 million in construction financing for a new 200-unit apartment complex in Middlesex County, under a newly closed transaction by Procida Funding.
M&T closes $100 million loan for Hartz, Maxal rental project in Weehawken
A joint venture has secured $100 million in financing for a newly delivered, 236-unit apartment building along the Hudson waterfront, in a newly announced transaction by M&T Bank.
Citizens Bank inks $55 million construction loan for 267-unit Elizabeth project
A development group has landed $55 million in financing for a planned 267-unit apartment complex in Elizabeth, in a newly closed transaction by Citizens Commercial Banking.
Hudson County condo project lands $44 million in financing
A private lending platform has closed on a $44 million construction loan to the developer of a 55-unit condominium project in Union City.
