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
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.

Finance & Capital Markets
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.

Residential & Mixed Use
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.

Finance & Capital Markets
Sanzari refis two Glenpointe office buildings for $32 million, JLL says

Alfred Sanzari Enterprises Inc. has secured $32 million to refinance two pieces of its flagship Glenpointe campus in Teaneck, in a newly announced deal by JLL.

Finance & Capital Markets
STRO, KRE ink $60 million refi of new 205,000 sq. ft. Woodland Park industrial building

The STRO Cos. and Kushner Real Estate Group have secured $60 million to refinance a new 205,000-square-foot industrial development in Woodland Park.

Finance & Capital Markets
AST Financial, Summit Capital tout $51 million in homebuilder loans year to date

Lending platforms AST Financial and Summit Capital Partners have closed more than $51 million in construction financing year to date in 2022, the firms announced Tuesday.

Finance & Capital Markets
JLL: Developer secures $19 million loan for new 60-unit Weehawken rental building

A private developer has landed $19 million in financing for a new 60-unit apartment building in Weehawken, under a deal arranged by JLL.

Industrial
Faropoint lands new credit facility for a combined $1.6 billion over 14 months

Investment manager Faropoint has secured a new credit facility to support its growing industrial portfolio, in the latest piece of some $1.6 billion in funding that it has closed since last summer.

Finance & Capital Markets
G.S. Wilcox closes $9.5 million refi for 81,000 sq. ft. retail center

The owner of an 81,000-square-foot, grocery-anchored shopping center on Long Island has refinanced for $9.5 million, in a deal arranged by G.S. Wilcox & Co.

Finance & Capital Markets
JLL sources acquisition loan for Paterson warehouse, outdoor storage site

A real estate firm has secured financing to acquire a fully leased, 66,000-square-foot light industrial building and outdoor storage space in Paterson, under a deal arranged by JLL.