Finance & Capital Markets

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

Wilcox brokers $7.2 million refi for Bloomfield office building

The owner of a well-known office building in downtown Bloomfield has refinanced for $7.2 million, in a transaction arranged by G.S. Wilcox & Co.

Newark apartment owner refinances for $4.8 million, Progress says

The owner of an apartment building in Newark’s Weequahic neighborhood has refinanced for nearly $5 million, following a transaction brokered by Progress Capital Advisors.

HFF brokers $9.1 million loan for Swedesboro industrial owner

A warehouse owner in Gloucester County has secured $9.1 million in financing for an expansion of its holdings in the area, brokerage firm HFF announced.

Kennedy Funding touts $2.1 million loan for California development site

Kennedy Funding has closed on more than $2 million in financing for a developer’s purchase of 17.5 acres in northern California.

HFF brokers $29 million loan for Research Triangle project

A developer has secured nearly $29 million in financing for a project in North Carolina’s Research Triangle, in a transaction led by brokers from HFF’s New Jersey office.

C&W announces 15 broker promotions in New Jersey

Cushman & Wakefield has named two new executive vice chairmen in New Jersey, part of 15 newly announced broker promotions in the firm’s three offices in the state.

Progress brokers $4.3 million loan for Passaic residential project

The developer of a new 40-unit multifamily building in Passaic has secured more than $4 million in financing, Progress Capital Advisors said last week.

Kennedy Funding lends $1.45 million to developer in Montana oil country

Kennedy Funding has closed a $1.45 million loan for a developer near an oil-rich region at the border of North Dakota and Montana.

Progress: $2.3 million loan funds purchase of Jersey City development site

Progress Capital Advisors has closed on a $2.3 million loan for a client to acquire a gas station in Jersey City, where it has approvals to build a 45-unit apartment building.

Atlantic City casino, North Jersey mall among top 100 U.S. property taxpayers, report says

An Atlantic City casino and a well-known North Jersey mall are among the nation’s top 100 property taxpayers.