Finance & Capital Markets

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

JLL: Buyer of high-end West Windsor office building lands acquisition financing

The buyer of a nearly 330,000-square-foot office building near Princeton has secured acquisition financing for the deal, brokers with JLL announced Wednesday.

Kennedy Funding inks $1.6 million loan for Virginia residential site

Kennedy Funding has closed on a $1.575 million loan for the owner of a residential development site in northern Virginia to refinance the property.

C&W inks $57 million refi for Hamilton senior living complex

The owners of a 195-unit senior living facility in Hamilton have refinanced the property for more than $57 million, under a newly announced transaction by Cushman & Wakefield.

Prism announces refi at Parsippany office building

Prism Capital Partners has refinanced a 206,000-square-foot office building in Parsippany, touting the transaction as another milestone for the firm’s original investment property.

Developers of 421-unit Bogota project land $60 million construction loan

A development team is moving forward with a new 421-unit luxury apartment project in Bogota with the help of a newly announced, $60 million loan arranged by Cushman & Wakefield.

CBRE inks $57 million refinance for Essex, Hudson portfolio

The owner of a 13-property residential and mixed-use portfolio in Essex and Hudson counties has refinanced the properties for $57 million, brokers with CBRE announced Wednesday.

Developers of high-end Montclair hotel ink $37.5 million bridge loan

The developers of a new 159-key Marriott hotel in downtown Montclair has secured a $37.5 million bridge loan, under a transaction arranged by PMZ Realty Capital LLC.

South Jersey shopping center owner refinances for $22 million, Progress says

The owner of a 176,000-square-foot shopping center in Camden County has refinanced the property for more than $22 million, under a new transaction by Progress Capital.

L+M, Prudential land financing to preserve and upgrade Newark housing complex

L+M Development Partners and Prudential Financial have secured financing to preserve and renovate a government-subsidized housing complex in Newark’s South Ward.

Somerville: HFF inks $13.25 million refi for 69-unit rental complex

The developer of a new 69-unit high-end apartment building in Somerville has refinanced the property for $13.25 million, brokers with HFF announced Wednesday.