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
NRDC snags $31 million loan for 358,000 sq. ft. Burlington retail center, Cronheim says

The owner of a 358,000-square-foot, Walmart-anchored shopping center in Burlington has closed on $31 million in financing for the property, in a deal arranged by Cronheim Mortgage.

Finance & Capital Markets
Hekemian Group inks financing package for 465-unit Jersey City rental project, JLL says

The Hekemian Group has secured financing from multiple lenders for a planned 465-unit luxury apartment property in Jersey City, brokers with JLL announced Tuesday.

Finance & Capital Markets
G.S. Wilcox closes $25 million loan for 296-unit Charlotte rental property

G.S. Wilcox & Co. has arranged nearly $25.3 million in financing for a 296-unit multifamily property in North Carolina, the Morristown-based mortgage banker announced recently.

Finance & Capital Markets
M&T closes $66 million Fannie Mae loan for 393-unit Union rental property

The new owner of a 393-unit luxury apartment complex in Union has closed on nearly $66 million in financing, in a transaction arranged by M&T Realty Capital Corp.

Finance & Capital Markets
Lenders Cap closes $54 million construction loan for 251-unit rental project outside Miami

A developer has closed on a $54 million construction loan for a planned 251-unit multifamily project in South Florida, in a deal arranged by Lenders Capital Realty Services.

Finance & Capital Markets
BHI provides $35 million construction loan for 202-unit TAY Investments project in Jersey City

TAY Investments has secured a $35 million construction loan from BHI to build a new 202-unit apartment building in Jersey City’s West Side neighborhood.

Finance & Capital Markets
IDB Bank provides $30 million loan to refinance new 155-unit Newark rental building

TAY Investments has refinanced a new 155-unit apartment building in Newark with the help of a $30 million loan from IDB Bank, the lender announced recently.

Finance & Capital Markets
Owner of 100,000 sq. ft. Secaucus warehouse lands $15 million loan, G.S. Wilcox says

The owner of a single-tenant, 100,000-square-foot warehouse in Secaucus has secured $15 million in financing, in a deal arranged by G.S. Wilcox & Co.

Finance & Capital Markets
Fingerman joins Peapack-Gladstone as senior managing director, commercial real estate head

Joseph E. Fingerman has joined Peapack-Gladstone Financial Corp. as senior managing director and president of commercial real estate, the lender announced Monday.

Finance & Capital Markets
Alpine snags $143 million construction loan, equity for 500-unit ‘Scholars Village’ project near Liberty Science Center, JLL says

Alpine Residential has landed a nearly $143 million construction loan and equity for a plan to build 500 apartments on the doorstep of the Liberty Science Center in Jersey City.