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: Ironstate refinances Hoboken apartment tower for $36 million

The owner of a 150-unit apartment tower in downtown Hoboken is refinancing the property for nearly $36 million, in a deal arranged by brokers with JLL.

JLL inks $15 million loan for new 146,000 sq. ft. industrial building in Hamilton

A joint venture has landed a $15.3 million acquisition loan for a newly developed industrial property in Hamilton, in a deal announced by JLL.

JLL sources $12 million refinancing of Port Newark industrial complex

JLL has arranged a $12 million facility loan for Port Newark Junction, a six-building, 154,149-square-foot industrial complex in Newark.

Owner lands $110 million loan for 850,000 sq. ft. Newark industrial building

The owner of a new 850,000-square-foot warehouse and distribution center in Newark’s port district has secured $110 million in permanent financing, according to JLL.

C&W sources $72 million refi for 280-unit Advance rental property in Harrison

Advance Realty Investors has refinanced a recently developed, 280-unit luxury apartment building in Harrison for $72 million, in a deal sourced by Cushman & Wakefield.

G.S. Wilcox inks $103 million loan for new 428-unit rental property in Union Twp.

Russo Development has secured $103 million in financing for a new collection of 428 luxury apartments in Union Township, under a deal arranged by G.S. Wilcox & Co.

Landlord inks $18 million loan for tristate retail, office portfolio, Meridian says

The owner of a retail and office portfolio in New Jersey and New York City has secured $18 million in financing for the properties, under a deal arranged by Meridian Capital Group.

The best of The Briefing 2021

Dear readers, As we look ahead to 2022, we’re excited to look back at our top stories of 2021, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. Happy…

Cronheim sources $19 million loan for Whole Foods-anchored center in West Windsor

The owner of a grocery-anchored retail center in West Windsor has landed $19 million in permanent financing, in a deal arranged by Cronheim Mortgage.

MSM Equities names new partner, chief investment officer

MSM Equities, a Short Hills-based real estate investment and advisory firm, has named a new partner and chief investment officer.