Finance & Capital Markets

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

Lenders close $12.5 million loan for 107-year-old ‘Art Factory’ in Paterson

The owner of a historic factory complex in Paterson that is home to artists, filmmakers and other creative users is getting a $12.5 million infusion for the property, under a loan closed by Silver Arch Capital Partners and Procida Funding & Advisors LLC.

NorthMarq inks $38 million refi for Burlington County rental complex

The owner of a 405-unit multifamily complex in Cinnaminson has refinanced the property for $38 million, under a recently announced transaction by NorthMarq Capital.

HFF brokers $15.65 million construction loan for Hillside self-storage project

The developer of a 1,203-unit self-storage facility has secured $15.65 million in financing, following a transaction arranged by brokers with HFF.

Progress brokers $4.4 million loan for Irvington medical office sites

Progress Capital Advisors has secured more than $4 million for a client to refinance and upgrade two medical office properties in downtown Irvington.

Developer refis 79,000 sq. ft. office building for $8.8 million, HFF says

The owner of an office building in Eatontown has refinanced the property for $8.8 million, in a transaction arranged by brokers with HFF.

Wilcox touts $2.5 million loan for historic Morristown property

G.S. Wilcox & Co. has brokered $2.5 million in financing for a nearly 24,000-square-foot, mixed-use building in downtown Morristown.

Developer lands $258 million loan package for 1,161 units in three towns

A developer has secured nearly $260 million in financing for multifamily projects in Bayonne, Linden and Raritan, following a transaction arranged by Meridian Capital Group.

Hackensack lender debuts new $1 million to $12 million loan program for real estate

Silver Arch Capital Partners has launched a new special loan program that it says will offer lower rates for income-producing real estate.

HFF sources $13 million loan to refinance, expand Gloucester Co. industrial site

A joint venture has secured $13 million to refinance and expand a 113,000-square-foot industrial building in West Deptford, in a transaction arranged by HFF.

New York Life inks $135 million loan for mixed-use Fort Lee project

New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.