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
JLL inks $46.5 million refi for Howell shopping center

The owner of a Monmouth County shopping center has secured $46.5 million to refinance the property, under a newly announced transaction by JLL.

Finance & Capital Markets
JLL inks $11 million refi for 157,000 sq. ft. corporate park in Closter

The owner of a five-building commercial park in Bergen County has refinanced for $11 million, following a transaction arranged by brokers with JLL.

Finance & Capital Markets
Progress inks $34 million loan for Newark office building

The owners of a 200,000-square-foot office building in downtown Newark have secured $34 million in financing, under a newly announced transaction by Progress Capital.

Government & Public Policy
HMFA: Tax credits will fund affordable 1,200 units, focus on Opportunity Zones

The state has detailed plans to finance 1,200 affordable housing units under a federal tax credit program, with an added focus on projects in Opportunity Zones and other newly added criteria.

Finance & Capital Markets
KRE Group inks $45 million construction loan for Bayonne project

Bayonne,Kushner Real Estate Group,Harbor Station North,PNC Bank,People’s United Bank,151 Centre St., avison young

Government & Public Policy
EDA touts $2.5 million loan for Trenton manufacturer

New owners have taken the reins of a nearly 40-year-old manufacturing firm, having recently acquired the company’s 160,000-square-foot warehouse facility in Trenton.

Finance & Capital Markets
Wilcox inks $32 million loan for 151-unit rental complex in Maplewood

G.S. Wilcox & Co. has secured $32 million in financing for the owner of a recently built, 151-unit apartment community in Maplewood.

Finance & Capital Markets
Eastman refinances grocery-anchored center in Livingston, HFF says

The owner of a grocery-anchored shopping center in Livingston has refinanced the nearly 96,000-square-foot property, following a transaction arranged by HFF.

Finance & Capital Markets
HFF inks $36 million refi for Woodbridge cold storage project

A joint venture has closed on a nearly $36 million loan to refinance a fully leased, 182,154-square-foot cold storage facility in Woodbridge, following a transaction arranged by HFF.

Finance & Capital Markets
TD Bank touts construction loan, affordable housing rehab in Camden

The Michaels Organization is on track to rehabilitate 64 historic affordable housing units in Camden, thanks in large part to financing from TD Bank and state and local funding sources.