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
Summit apartment owner secures $11.5 million loan, refis 37-unit complex

The owner of a 37-unit luxury apartment complex in downtown Summit has refinanced the property for $11.5 million, in a newly announced deal by JLL.

Finance & Capital Markets
Hampshire lands $29 million construction loan for 85-unit Morristown rental project, JLL says

The Hampshire Cos. is proceeding with a new 85-unit luxury apartment building in Morristown with the help of a nearly $29 million construction loan, in a newly announced deal by JLL.

Finance & Capital Markets
Progress Capital sources $14 million refi loan for new Journal Square apartments

The owner of a new 79-unit apartment building in Jersey City has refinanced the property for $14 million, according to a debt placement team with Progress Capital.

Finance & Capital Markets
JLL: Developers ink $105 million loan for 362-unit Jersey City rental portfolio

A joint venture has secured $105 million to refinance a two-building, 362-unit multifamily portfolio in Jersey City’s burgeoning West Side neighborhood, in a deal arranged by JLL.

Finance & Capital Markets
Bedminster medical office owner refis for $8.1 million, JLL says

The owner of a nearly 40,000-square-foot medical office building in Bedminster has refinanced the property for $8.1 million, under a newly announced transaction by JLL.

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TD Bank gifts $10,000 to nonprofit supporting children with rare illnesses

A new $10,000 donation from TD Bank is helping to advance the mission of a Franklin Lakes-based charity that helps bring essential medical services to children with rare illnesses.

Finance & Capital Markets
Tulfra snags $6 million loan for parking site at Totowa Business Center

Tulfra Real Estate has landed a $6 million loan for a parking parcel at the site of a 225,000-square-foot commercial building in Totowa.

People
Procida Funding names three new partners, ensuring next generation of leadership

Procida Funding & Advisors has named three new principals alongside its founder, helping to cement the future of the Englewood Cliffs-based lender and financial services firm.

Finance & Capital Markets
Cronheim inks $6.5 million loan for New Providence industrial flex building

The owner of a nearly 90,000-square-foot industrial flex building in New Providence has secured $6.5 million in financing, according to brokers with Cronheim Mortgage.

Finance & Capital Markets
Buyers of Hoboken office building land $184 million financing package, Meridian says

An investment group has secured nearly $184 million in financing for its recent acquisition of a prominent office building in Hoboken, in a deal arranged by Meridian Capital Group.