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 sources $22 million acquisition loan for South Jersey, Pennsylvania light industrial deal

The new owner of more than 250,000 square feet of light industrial space in South Jersey and suburban Philadelphia has landed some $22 million in acquisition financing.

Finance & Capital Markets
G.S. Wilcox sources $10.7 million loan for Long Island grocery store property

The owner of a 70,000-square-foot supermarket property in New York’s Suffolk County has secured $10.7 million in financing, in a deal arranged by G.S. Wilcox & Co.

Finance & Capital Markets
Procida’s 100 Mile Fund grows to $200 million, cracks $1 billion in originations

A fund led by real estate industry veteran Billy Procida has doubled in size to $200 million, in a move that comes as it marks more than $1 billion in originations since its founding in 2011.

Finance & Capital Markets
C&W sources $42.75 million acquisition loan for Logan industrial park

Cushman & Wakefield advised Stalwart Equities in securing nearly $43 million in acquisition financing for Logan Township Industrial Park, a 171.3-acre site in Logan Township.

Finance & Capital Markets
STRO inks $39 million refi of 395,000 sq. ft. New Jersey industrial portfolio

The STRO Cos. has secured a $39 million loan to refinance an eight-building, 395,000-square-foot industrial portfolio in northern and central New Jersey.

Industrial
STRO, Valley Bank close $10.8 million loan for Passaic County industrial buildings

The STRO Cos. has secured a nearly $11 million loan to acquire a Passaic County industrial building and refinance another, the Ridgewood-based firm announced.

Finance & Capital Markets
Kennedy Funding inks $3.6 million land loan for SoCal commercial, condo project

Kennedy Funding has closed a $3.6 million land loan in connection with a proposed mixed-use development in Southern California, the Englewood Cliffs-based lender announced.

Finance & Capital Markets
Newmark: Owner of net-leased portfolio, including N.J. warehouse, refis for $525 million

The owner of a multistate, 6.8 million-square-foot industrial portfolio that includes a nearly 143,000-square-foot warehouse in Morris County has refinanced for $525 million.

Finance & Capital Markets
JLL inks $10 million loan for Cohen warehouse deal in Jersey City

An investment group has purchased a nearly 66,000-square-foot warehouse in Jersey City with the help of a $10.25 million acquisition loan, JLL’s New Jersey capital markets team announced.

Finance & Capital Markets
Lenders Capital inks $26 million construction loan for 103-unit Reynolds project in Orange

The developer of a 103-unit luxury apartment building in Orange has landed more than $26 million in construction financing, in a deal arranged by Lenders Capital Realty Services.