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
TAY Investments refis new 110-unit rental project in Jersey City for $36 million

TAY Investments has snagged a nearly $36 million loan to refinance a recently opened, 110-unit apartment property in Jersey City, according to a debt placement team with Berkadia.

Finance & Capital Markets
STRO refis 115,000 sq. ft. Wyckoff industrial building for $14.5 million, JLL says

The STRO Cos. has closed on a $14.5 million loan to refinance more than 115,000 square feet of industrial space in Wyckoff, brokers with JLL announced Monday.

Finance & Capital Markets
Kennedy Funding inks $1.7 million land loan to support 69-unit townhome project near Dallas

Kennedy Funding has closed on a $1.66 million land loan to a developer seeking to build 69 townhomes outside Dallas, the Englewood-based firm announced last week.

Finance & Capital Markets
Lightstone, Friber Group close on $24 million loan for 91-unit East Orange rental project

Lightstone Capital has provided a $24 million loan to the developer of a newly built, 91-unit apartment building in East Orange.

Finance & Capital Markets
NRDC snags $31 million loan for 358,000 sq. ft. Burlington retail center, Cronheim says

The owner of a 358,000-square-foot, Walmart-anchored shopping center in Burlington has closed on $31 million in financing for the property, in a deal arranged by Cronheim Mortgage.

Finance & Capital Markets
Hekemian Group inks financing package for 465-unit Jersey City rental project, JLL says

The Hekemian Group has secured financing from multiple lenders for a planned 465-unit luxury apartment property in Jersey City, brokers with JLL announced Tuesday.

Finance & Capital Markets
G.S. Wilcox closes $25 million loan for 296-unit Charlotte rental property

G.S. Wilcox & Co. has arranged nearly $25.3 million in financing for a 296-unit multifamily property in North Carolina, the Morristown-based mortgage banker announced recently.

Finance & Capital Markets
M&T closes $66 million Fannie Mae loan for 393-unit Union rental property

The new owner of a 393-unit luxury apartment complex in Union has closed on nearly $66 million in financing, in a transaction arranged by M&T Realty Capital Corp.

Finance & Capital Markets
Lenders Cap closes $54 million construction loan for 251-unit rental project outside Miami

A developer has closed on a $54 million construction loan for a planned 251-unit multifamily project in South Florida, in a deal arranged by Lenders Capital Realty Services.

Finance & Capital Markets
BHI provides $35 million construction loan for 202-unit TAY Investments project in Jersey City

TAY Investments has secured a $35 million construction loan from BHI to build a new 202-unit apartment building in Jersey City’s West Side neighborhood.