What does the year 2019 have in store for New Jersey’s commercial real estate market? We recruited some of the most influential developers, professionals and thought leaders in New Jersey commercial real estate to give us their predictions for the year ahead.
G.S. Wilcox & Co. is touting $170 million in recent loan activity with one of its correspondent lenders, including $100 million for two northern New Jersey apartment developers.
Advance Realty and DeBartolo Development have landed $70 million in financing for a recently completed, 286-unit apartment project in Harrison, in a deal arranged by brokers with HFF.
Procida Funding & Advisors has provided a $7 million loan for a Bergen County catering hall to consolidate existing debt and complete minor upgrades.
Procida Funding & Advisors LLC has closed on $1.75 million in financing for the owner of a boat repair facility and marina in Toms River.
Progress Capital has secured more than $26 million in financing for the construction of a luxury condominium complex on Manhattan’s Upper East Side.
Investors Bank has inked a $36 million loan for a 144,000-square-foot warehouse in Elizabeth, the largest among 10 recent closings announced by the lender.
549 Mill Road in Edison — Courtesy: HFF By Joshua Burd HFF has announced more than $41 million in acquisition financing for a joint venture’s recent purchase of a fully leased, 507,000-square-foot industrial building in Edison. Debt brokers with the…
Jonathan Rose Cos. has secured more than $90 million in financing and equity to rehabilitate and enhance a 429-unit affordable housing complex in Newark.
TD Bank has announced a commitment to finance the expansion of a Somerset County housing community for veterans, where developers are set to nearly double the number of affordable apartments.