Finance & Capital Markets

With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.

JLL inks two loans for industrial portfolio in North Jersey, Rockland County

The owner of four industrial buildings in New Jersey and New York has refinanced the properties, under a set of newly announced transactions by JLL.

Kennedy Funding lends $3 million for Florida hospitality, entertainment project

A developer has acquired more than 100 acres along Florida’s Gulf Coast thanks to a newly completed, $3 million loan provided by Kennedy Funding.

JLL inks $25 million loan for 706,000 sq. ft. industrial building in Secaucus

The owner of a nearly 710,000-square-foot industrial building in Secaucus is refinancing the property for $25 million, under a newly announced transaction by JLL.

Procida closes $9.5 million in loans for Paterson multifamily projects

The developer of two new apartment buildings in Paterson has secured more than $9.5 million in financing for the projects, in a set of newly completed transactions by Procida Funding.

JLL inks $148 million loan for sale of 1.5 million sq. ft. office portfolio in Morris County

An investment group has secured nearly $148 million in financing for its recent purchase of 10 office buildings in Parsippany and Madison, in a transaction arranged by JLL.

New York Life lends $65 million for new Kearny industrial project

New York Life Real Estate Investors has completed a $65 million loan to the developer of a nearly 420,000-square-foot industrial building in Kearny.

Investors Bank touts $90 million in New Jersey loans among recent CRE activity

Investors Bank has closed nearly a dozen commercial real estate loans valued at $227 million in recent months, including more than $90 million in transactions for its New Jersey clients.

Spencer closes loan for 31-unit rental building in Union County

The owner of a 31-unit apartment building in Union County has secured financing, in a newly completed transaction by Spencer Savings Bank.

Procida closes $52.5 million construction loan for 214-unit Hudson County project

A planned 214-unit apartment development in North Bergen is moving ahead with the help of a newly announced, $52.5 million construction loan by Procida Funding.

JLL: Developer lands $116 million construction loan for Montvale redevelopment

A large mixed-use development at the site of the former Mercedes-Benz campus in Montvale is moving ahead with the help of a $116 million construction loan, according to brokers with JLL.