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
Progress: $2.8 million loan funds Monmouth County retail purchase

Progress Capital Advisors has secured nearly $2.8 million in financing for a client to acquire an 18,150-square-foot shopping center on Route 35 in Neptune.

Finance & Capital Markets
Developer secures $15 million loan for Somerville rental project, Meridian says

Meridian Capital Group has brokered $15 million in financing for the development of a new 60-unit luxury rental property in downtown Somerville.

Finance & Capital Markets
Progress sources $4.65 million bridge loan for mixed-use project

Progress Capital Advisors has arranged $4.65 million in financing for a client’s 814,000-square-foot, mixed-use development about 35 miles outside New Jersey.

Finance & Capital Markets
Meridian: Buyer wanted for prime 486-unit development site in Jersey City

Brokers with Meridian Capital Group are marketing what they say is a rare opportunity — a development site in Jersey City with approvals for nearly 500 apartments.

Finance & Capital Markets
Progress Capital brokers $5.3 million loan for Newark multifamily deal

An area property owner has acquired a two-building, 70-unit apartment complex in Newark with more than $5 million in financing arranged by Progress Capital Advisors.

Finance & Capital Markets
HFF brokers $7.65 million loan for South Jersey warehouse acquisition

A joint venture completed its recent purchase of a three-building industrial portfolio in Logan Township with the help of a $7.65 million loan brokered by HFF.

Finance & Capital Markets
CMC: South Plainfield warehouse owner refis for $5 million

Commercial Mortgage Capital has arranged a $5 million loan for the owner of a 158,000-square-foot warehouse in Middlesex County, the firm announced recently.

Industrial
Wilcox touts $9.85 million refinance for Wall flex buildings

The owner of three flex buildings in Monmouth County has refinanced for nearly $10 million, in a transaction arranged by G.S. Wilcox & Co.

Finance & Capital Markets
NKF details $97 million loan for Parsippany office sale

A private debt lender provided a $97 million loan for a joint venture’s recent acquisition of the Morris Corporate Center IV campus in Parsippany, Newmark Knight Frank said Thursday.

Sponsored Content
Wiss: Tax reform manifesto for the real estate industry

Tax reform has been a hot topic, especially in the real estate industry. After all, real estate and construction industries have a significant impact on the U.S. economy. Wiss is proud to advise the industry on all the new changes. In our Tax Reform Manifesto for the Real Estate Industry, we explore the recent tax reform and how you or your business could be affected.