Finance & Capital Markets

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

Finance & Capital Markets
Parsippany developer lands $91 million construction loan, breaks ground on 275 rentals

A developer has secured $91 million in construction financing for 275 apartments in Parsippany, helping to kick off the transformation of a former suburban office park.

Finance & Capital Markets
Urstadt Biddle lands $21 million loan for New Providence retail center, Cronheim says

The owner of a 108,000-square-foot, grocery-anchored shopping center in New Providence has secured $21 million in financing for the site, in a deal arranged by Cronheim Mortgage.

Finance & Capital Markets
Developer nabs $26 million loan for Journal Square micro-apartments

The developer of 122 micro-apartments in Jersey City’s Journal Square has secured a $25.5 million loan for the property, according to brokers with JLL.

Finance & Capital Markets
JLL inks $43 million loan for MCB, Hampshire ‘town center’ project near Philadelphia

A joint venture has landed nearly $43 million in financing to build a mixed-use, grocery-anchored development at the site of an existing commercial complex outside Philadelphia.

Finance & Capital Markets
Northmarq sources $16 million loan for new East Orange apartments

A developer has secured a $16 million permanent loan for a new 103-unit apartment building in East Orange, in a deal arranged by Northmarq.

Finance & Capital Markets
Urby, Panepinto secure $88 million loan for 317-unit Journal Square high-rise, JLL says

A joint venture has landed nearly $90 million in financing for its development of a 317-unit apartment tower in Jersey City, according to a debt placement team with JLL.

Finance & Capital Markets
Bergen County warehouse owner lands $13 million loan, G.S. Wilcox says

The owner of a 106,000-square-foot warehouse in Allendale has secured $13 million in financing, in a newly announced transaction by G.S. Wilcox & Co.

Finance & Capital Markets
Hekemian & Co. affiliate refis Sparta shopping center for $21 million, JLL says

The longtime owner of a nearly 90,000-square-foot shopping center in Sparta has secured $21.5 million in financing for the asset, according to a debt placement team with JLL.

Finance & Capital Markets
JLL: Hekemian & Co. inks $78 million refi of new Hackensack apartments

An affiliate of Hekemian & Co. has landed a $78 million loan to refinance a new 254-unit luxury apartment building in Hackensack, in a transaction arranged by JLL.

Finance & Capital Markets
Mag Mile Capital inks $9 million loan for three-property deal in Atlantic County

Mortgage banking firm Mag Mile Capital has secured a loan of $8.85 million to cover the purchase of three investment properties in Atlantic County.