The owner of a nearly 4,000-square-foot retail property in East Rutherford has closed on $900,000 in financing, in a newly completed transaction by NorthMarq.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
JLL sources $16.8 million construction loan for Mercer County industrial project
The developers of a 340,000-square-foot industrial building in Mercer County have secured nearly $17 million in construction financing, under a newly announced transaction by JLL.
JLL inks $31 million bridge loan for Parsippany office buyer
The recent buyer of a Parsippany office building has secured more than $30 million in bridge financing, under a newly announced transaction by JLL.
Kennedy Funding closes $3 million loan for Belize resort development
Kennedy Funding has added to its international lending portfolio with the closing of a $3 million loan for a waterfront residential development in Belize.
JLL inks financing for 11-building portfolio in Raritan Center
Summit Associates has secured financing for an 11-building industrial portfolio in the Raritan Center business park in Edison, under a newly announced transaction by JLL.
Real Estate NJ’s 2020 Market Forecast
A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.
Joint venture inks $43 million refi for 288-unit rental complex in Plainsboro
A joint venture has landed a $43 million loan to refinance a 288-unit apartment complex in Plainsboro, following a series of upgrades aimed at creating value at the property.
G.S. Wilcox touts $57 million in new loans for commercial, multifamily clients
G.S. Wilcox & Co. has sourced a combined $13.2 million in financing for two commercial properties on Route 22, in transactions that come amid $57 million in recent activity.
Procida hails strong 2019, with $134 million in loan activity
Procida Funding & Advisors is touting the completion of nearly $135 million in originations in 2019, including a recent loan to help redevelop a historic pier destroyed by Hurricane Sandy.
Progress sources $85 million loan for Bronx historic rehab project
The owners of a refurbished historic warehouse building in the Bronx have refinanced the property for $85 million, under a newly announced transaction by Progress Capital.
