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
Spencer welcomes new board members for 2021

Spencer Savings Bank has announced the re-election of a longtime board member and the addition of two new members as part of its recent annual meeting.

Finance & Capital Markets
KRE, Silverman Group secure $44 million loan for Lehigh Valley rental project

A team of New Jersey developers has secured more than $44 million in financing for a project to build 273 new garden apartments in Pennsylvania’s Lehigh Valley.

Finance & Capital Markets
Data-driven approach has proved crucial for upstart value-add investment firm

A fast-growing, Newark-based investment firm is thriving two years after its founding, using a trove of data and an in-house platform to help it identify potential sellers and properties.

Industrial
Stro lands $9.6 million to refinance industrial assets in Woodbridge, Moonachie

The Stro Cos. has secured $9.6 million to refinance industrial properties in Middlesex and Bergen counties, the Ridgewood-based owner announced Monday.

Finance & Capital Markets
Jersey City developer lands $20 million loan for new 72-unit rental building, JLL says

The developer of a 72-unit apartment building in Jersey City has refinanced for more than $20 million, in a newly announced transaction by JLL.

Finance & Capital Markets
G.S. Wilcox inks $267 million in loans in North Jersey, Long Island for life insurance lender

G.S. Wilcox & Co. has announced $267 million in new loan activity in New Jersey and New York on behalf of a longtime life insurance company client.

Finance & Capital Markets
C&W inks $30 million acquisition loan for Princeton office deal

The buyer of a Princeton-area office building has obtained nearly $30 million in acquisition financing, in a newly announced transaction by Cushman & Wakefield.

Finance & Capital Markets
JLL: Ironstate inks $91 million loan package for Hoboken rental buildings

Ironstate Development has landed more than $90 million in financing for a pair of luxury apartment buildings in northern Hoboken, in a transaction arranged by JLL.

Finance & Capital Markets
Kennedy Funding closes $1.8 million loan for research park site in Michigan

Kennedy Funding, an Englewood Cliffs-based direct private lender, has closed a $1.815 million land loan to the owner of more than 30 acres outside Detroit.

Office
Provident Bank leases 84,000 sq. ft. for new Woodbridge office locations, C&W says

Provident Bank has signed two leases for a combined 84,000 square feet in Woodbridge, the home of its headquarters and a planned operations center.