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
Progress Capital inks $53 million refi for East Orange apartments

The developer of a 180-unit luxury apartment building in East Orange has refinanced the property for $53 million, according to an advisory team with Progress Capital.

Finance & Capital Markets
Investor secures $7 million acquisition loan for Edison light industrial, R&D building

The buyer of a light industrial and research facility in Edison has landed more than $7 million in financing for its acquisition, according to a debt placement team with JLL.

Finance & Capital Markets
JLL: Owner of 80,000 sq. ft. Eatontown office building refis for $9 million

The owner of an office building in Monmouth County has refinanced the property for $9 million, under a newly announced transaction by JLL.

Finance & Capital Markets
Kennedy Funding inks $3.5 million loan for mixed-use project in San Antonio

Kennedy Funding has closed a nearly $3.5 million land loan to the developer of a large mixed-use project in downtown San Antonio.

Finance & Capital Markets
NorthMarq inks $13 million bridge loan for Bergen County apartment builder

The developer of a 49-unit apartment building in Bergen County has secured more than $13 million in financing, in a deal arranged by NorthMarq.

Finance & Capital Markets
Madison closes loans for Short Hills, North Bergen properties

A private equity firm has expanded its reach in the New Jersey commercial real estate sector, announcing a $35 million loan for a two-building office portfolio in Essex County.

Finance & Capital Markets
J&L lands $94 million construction loan for long-awaited, 403-unit project in Newark

The developer of a 12-story, 403-unit apartment complex in Newark’s Ironbound section has secured $94 million in financing, in a newly announced transaction by Greystone.

Finance & Capital Markets
Procida marks payoff of $19 million construction loan, as 122 micro-units open in Jersey City

An area lender is touting the completion of 122 micro-apartments in Jersey City, thanks in part to nearly $19 million in construction financing.

Finance & Capital Markets
JLL arranges recapitalization for two-state, Denholtz-owned industrial portfolio

Denholtz Properties has recapitalized a 16-building industrial portfolio spanning both central New Jersey and Orlando, Florida, under a newly announced transaction by JLL.

Finance & Capital Markets
G.S. Wilcox inks $30 million in loan activity for correspondent lender

G.S. Wilcox & Co. has closed nearly $30 million in financing in recent weeks, arranging loans for a trio of warehouses in Pennsylvania’s Lehigh Valley.