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
Northmarq: Edgewater Park apartment owner refis for $17 million

The owner of a 296-unit apartment complex in Burlington County has refinanced the property for $16.9 million, under a deal arranged by Northmarq’s New Jersey office.

Finance & Capital Markets
C&W: Birch Group lands $31 million acquisition loan for Parsippany office building

The Birch Group has secured more than $31 million in financing for its purchase of a nearly 266,000-square-foot office building in Parsippany, in a deal arranged by Cushman & Wakefield.

Finance & Capital Markets
Spencer Savings Bank seals merger with Mariner’s, adding six branches in North Jersey

Spencer Savings Bank SLA has completed its merger with Edgewater-based Mariner’s Bank in an all-cash transaction.

Finance & Capital Markets
C&W: Owner of 730,000 sq. ft. Novo Nordisk campus in Plainsboro refis for $211 million

An asset manager has secured more than $210 million to refinance a nine-building, 58-acre campus in Plainsboro that serves as Novo Nordisk’s North American headquarters.

Finance & Capital Markets
JLL, Progress Capital source $114 million loan for Newark office, parking portfolio

A joint venture has landed a nearly $114 million loan to purchase and reposition two office buildings and a parking garage in downtown Newark, according to a debt advisory team.

Finance & Capital Markets
Developer lands $96 million loan from SCALE, eyeing another 811 units in Journal Square

A developer has landed nearly $100 million in financing to both break ground on 235 apartments and acquire a nearby site that is approved for another 576 units, with both parcels located in Jersey City’s historic and re-emerging Journal Square neighborhood.

Finance & Capital Markets
C&W: Developers ink $107 million loan for new 333,000 sq. ft. logistics center in Bayonne

A joint venture has secured more than $107 million in financing for the next piece of a new 153-acre industrial campus in Bayonne, in a deal arranged by Cushman & Wakefield.

Finance & Capital Markets
Fairfield apartment developer inks $10.5 million refi, JLL says

A developer has secured $10.5 million to refinance a newly built, 36-unit apartment property in Fairfield, in a newly announced deal by JLL.

Featured
JLL inks $9 million loan for light industrial buildings in Maple Shade, Cherry Hill

An investor has secured a nearly $9 million acquisition loan for a three-building light industrial portfolio in Burlington and Camden counties, according to brokers with JLL.

Finance & Capital Markets
G.S. Wilcox sources $44 million loan for Pennsylvania medical office building

The owner of a 70,000-square-foot medical office building in Eastern Pennsylvania has secured $44 million in financing, in a deal arranged by G.S. Wilcox & Co.