Advance Realty and DeBartolo Development have landed $70 million in financing for a recently completed, 286-unit apartment project in Harrison, in a deal arranged by brokers with HFF.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
Procida inks $7 million loan for Bergen banquet hall
Procida Funding & Advisors has provided a $7 million loan for a Bergen County catering hall to consolidate existing debt and complete minor upgrades.
Procida touts $1.75 million loan for Toms River boat repair facility
Procida Funding & Advisors LLC has closed on $1.75 million in financing for the owner of a boat repair facility and marina in Toms River.
Progress inks $26 million construction loan for Manhattan condo project
Progress Capital has secured more than $26 million in financing for the construction of a luxury condominium complex on Manhattan’s Upper East Side.
Investors Bank touts $219 million in new commercial, multifamily loans
Investors Bank has inked a $36 million loan for a 144,000-square-foot warehouse in Elizabeth, the largest among 10 recent closings announced by the lender.
Edison warehouse buyer lands $41.5 million acquisition loan, HFF says
549 Mill Road in Edison — Courtesy: HFF By Joshua Burd HFF has announced more than $41 million in acquisition financing for a joint venture’s recent purchase of a fully leased, 507,000-square-foot industrial building in Edison. Debt brokers with the…
Jonathan Rose lands $92 million for Newark affordable housing rehab
Jonathan Rose Cos. has secured more than $90 million in financing and equity to rehabilitate and enhance a 429-unit affordable housing complex in Newark.
TD Bank closes $6 million loan for veterans housing expansion in Somerset
TD Bank has announced a commitment to finance the expansion of a Somerset County housing community for veterans, where developers are set to nearly double the number of affordable apartments.
MRC inks $67.5 million loan for 640-unit redevelopment site in Harrison
A joint venture has landed a $67.5 million loan to acquire a 205-unit multifamily project in Harrison and an adjacent development site that could house another 435 apartments.
HFF brokers $9.9 million loan for Montvale office deal
The buyer of a nearly 94,000-square-foot office building in Montvale has secured $9.94 million in acquisition financing, under a transaction arranged by brokers with HFF.
