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
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.

Finance & Capital Markets
Camber nabs $72 million loan for South Jersey, Pennsylvania industrial deal, C&W says

Camber Real Estate Partners has landed a $72 million loan for its acquisition of more than 730,000 square feet of industrial space in southern New Jersey and Pennsylvania.

Finance & Capital Markets
Procida touts completion of Northvale condo project after $14.5 million construction loan

A developer has completed an upscale active adult condominium complex in Bergen County with the help of a recent $14.5 million construction loan by Procida Funding.

Events
ULI to honor top New Jersey projects, industry players at 2022 awards gala

The Urban Land Institute of Northern New Jersey is set to honor more than a dozen commercial real estate projects, deals and industry leaders as part of its upcoming annual awards gala.

Finance & Capital Markets
C&W: Camber adds 260,000 sq. ft. Pine Brook warehouse with $25 million acquisition loan

Camber Real Estate Partners has landed nearly $25 million in financing for its purchase of an industrial building in Morris County, brokers with Cushman & Wakefield announced.

Retail
Tulfra, Hampshire tout momentum at Belleville site with construction loan, Starbucks lease

Tulfra Real Estate and The Hampshire Cos. have landed a nearly $6.4 million loan to fund the construction of three additional retail pads at a mixed-use site in Belleville.

Residential & Mixed Use
Developers land $42 million for affordable housing near Newark’s University Hospital

A development team has closed on $42 million in financing for a project that will bring 78 affordably priced apartments to an area just north of Newark’s University Hospital.