Kennedy Funding has closed on a $1.575 million loan for the owner of a residential development site in northern Virginia to refinance the property.
Finance & Capital Markets
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
C&W inks $57 million refi for Hamilton senior living complex
The owners of a 195-unit senior living facility in Hamilton have refinanced the property for more than $57 million, under a newly announced transaction by Cushman & Wakefield.
Prism announces refi at Parsippany office building
Prism Capital Partners has refinanced a 206,000-square-foot office building in Parsippany, touting the transaction as another milestone for the firm’s original investment property.
Developers of 421-unit Bogota project land $60 million construction loan
A development team is moving forward with a new 421-unit luxury apartment project in Bogota with the help of a newly announced, $60 million loan arranged by Cushman & Wakefield.
CBRE inks $57 million refinance for Essex, Hudson portfolio
The owner of a 13-property residential and mixed-use portfolio in Essex and Hudson counties has refinanced the properties for $57 million, brokers with CBRE announced Wednesday.
Developers of high-end Montclair hotel ink $37.5 million bridge loan
The developers of a new 159-key Marriott hotel in downtown Montclair has secured a $37.5 million bridge loan, under a transaction arranged by PMZ Realty Capital LLC.
South Jersey shopping center owner refinances for $22 million, Progress says
The owner of a 176,000-square-foot shopping center in Camden County has refinanced the property for more than $22 million, under a new transaction by Progress Capital.
L+M, Prudential land financing to preserve and upgrade Newark housing complex
L+M Development Partners and Prudential Financial have secured financing to preserve and renovate a government-subsidized housing complex in Newark’s South Ward.
Somerville: HFF inks $13.25 million refi for 69-unit rental complex
The developer of a new 69-unit high-end apartment building in Somerville has refinanced the property for $13.25 million, brokers with HFF announced Wednesday.
CBRE: Owner of Morris Twp. office building closes on $54 million loan
The new owner of a 320,274-square-foot office complex near Morristown has landed nearly $54 million in financing, brokers with CBRE said Monday.
