Finance & Capital Markets

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

HFF brokers $15.65 million construction loan for Hillside self-storage project

The developer of a 1,203-unit self-storage facility has secured $15.65 million in financing, following a transaction arranged by brokers with HFF.

Progress brokers $4.4 million loan for Irvington medical office sites

Progress Capital Advisors has secured more than $4 million for a client to refinance and upgrade two medical office properties in downtown Irvington.

Developer refis 79,000 sq. ft. office building for $8.8 million, HFF says

The owner of an office building in Eatontown has refinanced the property for $8.8 million, in a transaction arranged by brokers with HFF.

Wilcox touts $2.5 million loan for historic Morristown property

G.S. Wilcox & Co. has brokered $2.5 million in financing for a nearly 24,000-square-foot, mixed-use building in downtown Morristown.

Developer lands $258 million loan package for 1,161 units in three towns

A developer has secured nearly $260 million in financing for multifamily projects in Bayonne, Linden and Raritan, following a transaction arranged by Meridian Capital Group.

Hackensack lender debuts new $1 million to $12 million loan program for real estate

Silver Arch Capital Partners has launched a new special loan program that it says will offer lower rates for income-producing real estate.

HFF sources $13 million loan to refinance, expand Gloucester Co. industrial site

A joint venture has secured $13 million to refinance and expand a 113,000-square-foot industrial building in West Deptford, in a transaction arranged by HFF.

New York Life inks $135 million loan for mixed-use Fort Lee project

New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.

Procida fund tops $500 million in loan originations

A fund operated by Procida Funding has surpassed $500 million in loan originations, following the recent closing of a $38 million loan for a higher education project.

Developers land $64 million loan for Hoboken ‘Wonder Lofts’ project

A joint venture has closed on a $64 million loan for its plans to convert a historic Wonder Bread factory in Hoboken into an 89-unit luxury residential building.