Finance & Capital Markets

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

G.S. Wilcox sources $52 million loan for Tulfra, Hampshire apartments in North Haledon

The developers of a new 180-unit luxury apartment property in North Haledon has secured $52 million in financing, under a deal arranged by G.S. Wilcox & Co.

Denholtz refis 84,000 sq. ft. light industrial complex in East Brunswick, JLL says

Denholtz Properties has refinanced a two-building, 84,000-square-foot light industrial portfolio in East Brunswick, according to a debt placement team with JLL.

Greek, Principal ink $32 million construction loan with Provident for warehouse project

Greek Development and Principal Real Estate Investors have closed on more than $32 million in construction financing for a long-awaited industrial project in Pennsylvania’s Bucks County.

Boonton shopping center owner lands $11 million in permanent financing, Cronheim says

A real estate investment trust has secured an $11 million loan for a grocery-anchored shopping center in Boonton, according to a debt placement team with Cronheim Mortgage.

BNE lands $78 million permanent loan for 291-unit South Amboy rental project, M&T says

BNE Real Estate Group has secured $78 million in permanent financing for a collection of 291 new apartments along the Raritan Bay, in a deal arranged by M&T Realty Capital Corp.

JLL: Owner of 210,000 sq. ft. ex-headquarters building in Union Twp. refis for $31 million

The owner of a well-known office building in Union Township has landed $31 million to refinance the 210,000-square-foot property, in a deal arranged by JLL.

BBCP inks $44 million refi for six-building, 390,000 sq. ft. Bergen County flex portfolio

The owner of nearly 390,000 square feet of flex commercial space in Allendale has refinanced the portfolio for $44 million, in a newly announced deal by Black Bear Capital Partners.

JLL: Buyer inks $32 million loan for purchase, renovation of Hackensack rentals

The new owner of a 198-unit garden apartment complex in Hackensack has landed nearly $32 million in financing for the acquisition and for its plans to renovate the property.

JLL: Owner of new 130,000 sq. ft. industrial facility in Ewing refis for $14.5 million

The owner of a newly built, 130,000-square-foot industrial building in Mercer County has refinanced the property for $14.5 million, in a newly announced deal by JLL.

Developer lands $10 million construction loan for 44-unit Jersey City rental project

The developer of 44 new luxury apartments in Jersey City’s West Side neighborhood has secured nearly $10 million in construction financing, brokers with JLL announced.