A developer has secured a $42 million construction loan for a new 254-unit luxury apartment complex in Readington, according to a debt placement team with JLL.
The owner of a 129-unit apartment portfolio in Union and Essex counties has landed more than $10 million in financing, in a newly completed transaction by Cronheim Mortgage.
A developer has secured nearly $50 million in financing to build another 266 luxury apartments at an existing site in Union, under a transaction arranged by G.S. Wilcox & Co.
Spencer Savings Bank has closed a $22 million mortgage tied to a distribution center in the Meadowlands, touting it as the single-largest transaction in its history.
Saxum Real Estate has secured nearly $47 million in financing for a 297-unit multifamily project in Philadelphia, according to a Morristown-based debt placement team with JLL.
An owner and developer has landed nearly $17 million in financing in connection with two sites in Hudson County, according to an advisory team with Black Bear Capital Partners.
Kennedy Funding, a direct private lender based in Englewood Cliffs, has closed a $2.64 million loan to the owner of a farming business in eastern Brazil.
Kokes Properties has secured more than $19 million in financing for the first phase of a 190-unit residential project in the Burlington County township of Riverside.
Prism Capital Partners has secured new financing for its high-profile adaptive reuse project in West Orange, the site of more than 330 new homes and ground-floor retail space.
Kennedy Funding has closed $850,000 in financing to the developers of a four-building, mixed-use project in Albany, New York, the Englewood Cliffs-based lender announced last week.