Finance & Capital Markets

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

Residential & Mixed Use
Mill Creek seals JV partnership, breaks ground on 253-unit Fort Lee apartment towern

Mill Creek Residential has broken ground on a 253-unit luxury rental tower in Fort Lee, having secured joint venture equity as part of a deal arranged by JLL.

Finance & Capital Markets
C&W: Lincoln Equities, PCCP refi new 333,000 sq. ft. warehouse in Bayonne for $126 million

Lincoln Equities Group and PCCP LLC have secured more than $126 million to refinance nearly 333,000 square feet of newly built industrial space in Bayonne.

Finance & Capital Markets
PGIM inks $129 million senior loan to refi 1.2 million sq. ft. Cinnaminson warehouse project

PGIM Real Estate has closed more than $129 million in financing to the developer of a new 1.2 million-square-foot industrial property in Cinnaminson, the company announced Monday.

Finance & Capital Markets
KRE lands $175 million loan from Kennedy Wilson for new 595-unit Journal Square tower

Kushner Real Estate Group has secured a $175 million senior construction loan for a new 595-unit luxury apartment tower in Journal Square, its latest in the booming Jersey City district.

Finance & Capital Markets
G.S. Wilcox sources loans totaling $25 million for Clifton, Mount Holly retail landlord

The owner of two shopping centers in Clifton and Mount Holly has secured a combined $25 million in financing, in a set of recent loans arranged by G.S. Wilcox & Co.

Finance & Capital Markets
CBRE: Fernmore snags $48 million bridge loan for 274-unit Pennsylvania rental project

Fernmore Homes has landed nearly $48 million in bridge financing for a new 274-unit luxury rental property in Pennsylvania’s Chester County, brokers with CBRE announced Tuesday.

Finance & Capital Markets
Developers ink $7 million permanent loan for new 41,000 sq. ft. warehouse in Randolph

A joint venture has landed $7 million in permanent financing for nearly 41,000 square feet of newly built warehouse space in Randolph, brokers with JLL announced Thursday.

Finance & Capital Markets
Lenders Capital closes $2 million loan for Hullfish restaurant project in Lawrenceville

A property owner in Lawrence Township has secured a $2 million loan for a plan to build a new restaurant in the town, in a deal arranged by Lenders Capital Realty Services.

Finance & Capital Markets
BLP lands $10.3 million construction loan for 76,000 sq. ft. warehouse project in Somerset

Bridge Logistics Properties has secured some $10.3 million in construction financing for more than 76,000 square feet of new industrial space in the Somerset section of Franklin.

Events
Newark Summit set to return Dec. 9, convening top players in real estate, placemaking

The Newark Summit for Real Estate, Economic Development & Placemaking is set to return after making its high-profile debut last year in the state’s largest city.