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
Developer lands $48 million loan package for next phase of Elmwood Park project, JLL says

The developer of a two-building, 240-unit luxury apartment complex in Elmwood Park has secured $48 million in financing, according to a debt placement team with JLL.

Finance & Capital Markets
Accurate Builders, MRC ink $395 million loan for Newark stadium site, other multifamily assets

A developer has secured a $395 million loan for a portfolio of multifamily assets, including the former Newark Bears stadium site where plans now call for 4,200 residential units.

Finance & Capital Markets
NorthMarq inks $16 million loan for Princeton apartment, retail properties

The owner of two mixed-use buildings in downtown Princeton has refinanced for more than $16 million, in a newly announced transaction by NorthMarq.

Finance & Capital Markets
JLL sources $42 million construction loan for Readington apartment project

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.

Finance & Capital Markets
Cronheim: Apartment owner lands $10 million loan for Union, Essex portfolio

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.

Finance & Capital Markets
G.S. Wilcox sources $50 million construction loan for Union rental project

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.

Finance & Capital Markets
Spencer inks $22 million loan in Meadowlands for global manufacturing client

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.

Finance & Capital Markets
Saxum lands $47 million loan for Philadelphia rental project, JLL says

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.

Finance & Capital Markets
BBCP arranges $17 million in loans for Hudson County assets

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.

Finance & Capital Markets
Brazilian farming business lands $2.6 million loan from Kennedy Funding

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.