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
Perth Amboy self-storage project lands $11.5 million loan, Eastern Union says

The developer of a new 1,115-unit self-storage facility in Perth Amboy has secured $15.5 million in financing for the project, under a transaction arranged by Eastern Union.

Finance & Capital Markets
Kennedy Funding closes $1 million loan for Long Island waterfront property

Kennedy Funding, an Englewood Cliffs-based direct private lender, has closed a $1 million loan for a nearly four-acre waterfront property in New York’s Nassau County.

Finance & Capital Markets
Northmarq inks $16.5 million refi for Bergen County retail center

The owner of a grocery-anchored shopping center in Bergen County has refinanced the property for $16.5 million, under a newly announced transaction by Northmarq.

Finance & Capital Markets
P3 Properties lands $60 million loan for Parsippany office acquisition

The buyer of a two-building, 550,000-square-foot office complex in Parsippany has secured nearly $60 million in financing, under a newly announced transaction by JLL.

Finance & Capital Markets
CMC inks $11 million refi for 35-unit rental project in Fanwood

The owner of a newly completed, 35-unit apartment building in Fanwood has refinanced for $11 million, in a transaction arranged by Commercial Mortgage Capital.

Finance & Capital Markets
Kennedy Funding closes $1.5 million loan for Detroit medical facility

Kennedy Funding has closed a $1.5 million loan for the owner of a health care facility in Detroit, where plans include using the site for testing and treating COVID-19 patients.

Finance & Capital Markets
Buyer of Jersey City rental building lands $41 million loan, JLL says

The buyer of a newly developed, 104-unit apartment building in Jersey City has secured more than $40 million in financing, in a transaction arranged by JLL.

Finance & Capital Markets
JLL sources $17.5 million loan for mixed-use Red Bank project

Denholtz Properties has secured more than $17 million in financing to develop 57 luxury apartments and retail space in Red Bank, brokers with JLL announced Thursday.

Industrial
Jersey City warehouses sell for $24 million, slated for film studio space

A buyer has paid nearly $24 million for two Jersey City warehouses, brokerage firm Grid Real Estate said, noting that the company now plans to use the buildings for film studio space.

Finance & Capital Markets
Provident to acquire SB One in $209 million bank merger

The parent company of Provident Bank is set to acquire SB One Bancorp, paving the way for what would be the third-largest lending institution in New Jersey.