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
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.

Finance & Capital Markets
JLL sources predevelopment, construction loan for Thor warehouse project in Bogota

Thor Equities Group has secured predevelopment and construction financing for a plan to build a nearly 151,000-square-foot industrial building in Bogota, according to brokers with JLL.

Finance & Capital Markets
JLL inks $61 million refi for 200,000 sq. ft. outer boroughs industrial portfolio

Seagis Property Group LP has landed nearly $61 million to refinance seven light industrial buildings in New York City, in a deal by JLL’s Morristown-based capital markets team.

Finance & Capital Markets
JLL sources $56 million HUD loan to refinance Burlington County apartments

The owner of about 300 apartments in Burlington County has landed a $56 million federal loan to refinance the property, according to a debt placement team with JLL.

Finance & Capital Markets
Lender provides $7.9 million for plans to convert Montclair, Clifton commercial buildings

A national private direct lender has closed nearly $8 million in financing for projects that will reposition vacant buildings in Montclair and Clifton.