Finance & Capital Markets

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

J&L lands $94 million construction loan for long-awaited, 403-unit project in Newark

The developer of a 12-story, 403-unit apartment complex in Newark’s Ironbound section has secured $94 million in financing, in a newly announced transaction by Greystone.

Procida marks payoff of $19 million construction loan, as 122 micro-units open in Jersey City

An area lender is touting the completion of 122 micro-apartments in Jersey City, thanks in part to nearly $19 million in construction financing.

JLL arranges recapitalization for two-state, Denholtz-owned industrial portfolio

Denholtz Properties has recapitalized a 16-building industrial portfolio spanning both central New Jersey and Orlando, Florida, under a newly announced transaction by JLL.

G.S. Wilcox inks $30 million in loan activity for correspondent lender

G.S. Wilcox & Co. has closed nearly $30 million in financing in recent weeks, arranging loans for a trio of warehouses in Pennsylvania’s Lehigh Valley.

Newmark: Joint venture lands $76 million loan for 433-acre life sciences campus in Hopewell

An asset management firm is providing $76 million in financing for an investment group’s recent purchase of a 33-building, 1.11 million-square-foot life sciences campus in Hopewell.

Cronheim sources $16 million loan for 360,000 sq. ft. industrial site in Edison

The owner of a nearly 360,000-square-foot industrial building in Edison has secured $16 million in financing, under a transaction arranged by Cronheim Mortgage.

C&W: Advance, Greek land $43 million loan for next phase of Logan industrial site

A development team has secured a nearly $43 million construction loan for the second phase of a 3.2 million-square-foot industrial park project in Logan Township.

Greystone inks $50 million loan for Camden County apartment deal

Greystone has closed nearly $50 million in financing to the buyer of a 484-unit garden apartment complex in Camden County, the commercial real estate lender announced.

Progress sources $76 million loan package for Maryland multifamily deals

A locally based investor has secured $76 million in financing for two multifamily acquisitions outside Baltimore, in a transaction arranged by Progress Capital.

Kennedy Funding lends $2.5 million to Denver-area homebuilder

Kennedy Funding has closed a nearly $2.5 million loan to the developer of what will be 149 single-family homes at a tract outside Denver, Colorado.