Finance & Capital Markets

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

Englewood-based Kennedy Funding lends $5.1 million for Maryland winery deal

Kennedy Funding has closed a $5.1 million loan in connection with the sale of a single-family home on a 437-acre winery property in northeast Maryland.

JLL: Canoe Brook lands $150 million loan for 426-unit rental project at Port Imperial

Canoe Brook Development has secured a $150 million construction loan for a planned 426-unit luxury apartment building along the Hudson River waterfront in West New York.

Prism lands $54 million refi for mixed-use redevelopment near Dunellen train station

Prism Capital Partners has secured nearly $54 million in fixed-rate financing for The Nell, a development that has brought new apartments, townhomes and retail space to Dunellen.

Seagis lands $122 million loan for three-state, 1.1 million sq. ft. industrial portfolio, JLL says

Seagis Property Group LP has snagged $122 million in financing in connection with more than 1 million square feet of industrial space in New Jersey, New York and Florida.

Starfield-led team lands $80 million construction loan for Asbury Park rental project, JLL says

A joint venture has snagged an $80 million construction loan for a project that will bring 226 luxury apartments and townhomes to Asbury Park’s waterfront redevelopment zone.

Mesa West, Bridge Industrial close $54 million loan for South Brunswick industrial project

Bridge Industrial is nearing completion of some 292,000 square feet of new industrial space in South Brunswick after securing nearly $54 million in construction financing.

SCALE, Namdar close $243 million in loans for Journal Square apartment projects

SCALE Lending has doubled down on Namdar Group’s development pipeline in Jersey City, providing another $243 million in financing for projects with a combined 811 apartments.

Kennedy Funding inks $7.5 million land loan for Florida townhome project

Kennedy Funding has closed a $7.5 million land loan for a waterfront property in the Florida Panhandle town of Santa Rosa Beach.

Carlstadt warehouse owner lands $49 million in financing, G.S. Wilcox says

The owner of a four-building, 570,000-square-foot industrial portfolio in Carlstadt has secured $49 million in financing, in a newly announced deal by G.S. Wilcox & Co.

Unity Bank closes construction loan for Hunterdon assisted living, memory care project

A developer has snagged a multimillion-dollar construction loan for a 122-unit assisted living and memory care residential facility in Clinton Town.