Finance & Capital Markets

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

KRE, National ink $258 million loan for Journal Squared phase two

Kushner Real Estate Group and National Real Estate Advisors LLC have closed on $258 million in construction financing for the second phase of Journal Squared, their high-profile mixed-use development in Jersey City’s historic Journal Square neighborhood.

Rockaway retail center refinances for $10 million, JLL says

The owner of an 89,000-square-foot shopping center in Rockaway has refinanced the property for $10 million, brokers with JLL announced Wednesday.

New York Life inks $31 million loan for Jersey City office building

Hartz Mountain Industries has landed $31 million in financing for a well-known office building on the Hudson waterfront, thanks to a loan provided by New York Life Insurance Co.

Progress inks $10 million loan for Brick apartment developer

The developer of a 44-unit apartment building in Brick has landed a $10 million loan for the project, under a transaction arranged by Progress Capital.

Kennedy inks $3 million loan for Christian center property

Kennedy Funding has closed a $3 million loan for the operator of a religious facility in Tacoma, Washington, the Englewood Cliffs-based direct private lender announced this week.

Real Estate NJ’s 2019 Market Forecast

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.

Wilcox, Thrivent close $170 million in loans for New Jersey apartment and industrial deals

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.

HFF secures $70 million for Advance, DeBartolo rental project in Harrison

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 inks $7 million loan for Bergen banquet hall

Procida Funding & Advisors has provided a $7 million loan for a Bergen County catering hall to consolidate existing debt and complete minor upgrades.

Procida touts $1.75 million loan for Toms River boat repair facility

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.