Finance & Capital Markets

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

Editor’s Note
Coming soon: Industry Roundups from Real Estate NJ

In the days and weeks ahead, we will introduce a new addition to Real Estate NJ aimed at zeroing in on the major asset classes and service sectors in the Garden State. Known as Industry Roundups, the new e-blasts will highlight the top headlines and stories in each field, giving you a chance to catch up on all the latest news in a way that’s tailored to a specific part of the industry.

Finance & Capital Markets
Direct private lender’s principals tout $3 billion milestone

Kennedy Funding Financial has surpassed the $3 billion mark in loans closed over more than 30 years in business, touting a history of taking on difficult properties and challenging applications.

Finance & Capital Markets
G.S. Wilcox brokers $34.7 million in loans for warehouse, retail properties

The owner of a 322,000-square-foot industrial building in Moonachie has refinanced for $18.2 million, in one of three new transactions announced by G.S. Wilcox & Co.

Finance & Capital Markets
HFF brokers $17.4 million acquisition loan for Toms River retail center

A joint venture has closed on a Toms River shopping center with the help of $17.4 million in acquisition financing from an area bank, brokerage firm HFF said Monday.

Finance & Capital Markets
Gold Coast condo project secures $71.6 million construction loan

The developer of a high-end, 14-story condominium tower in Cliffside Park has closed on a $71.6 million construction loan, as it marches ahead toward a planned opening date next year.

Finance & Capital Markets
Meridian brokers $50 million loan for Woodbridge rental project

The developer of a mixed-use, 232-unit apartment project in Woodbridge has secured a $50 million construction loan under a transaction brokered by Meridian Capital Group.

Finance & Capital Markets
Normandy refinances Princeton-area office building for $14.5 million, HFF says

The owner of a 114,000-square-foot office building just outside Princeton has refinanced the property for $14.5 million, brokers with HFF said Wednesday.

Finance & Capital Markets
HFF brokers $10 million in loans for South Jersey industrial trades

Investors have acquired three industrial buildings in Burlington County, thanks in part to nearly $10 million in financing secured by brokers with HFF.

Finance & Capital Markets
CRE mortgage broker firm hires business development exec for new unit

Eastern Union Funding, a Howell-based commercial real estate mortgage brokerage firm, has hired a director of business development for a newly launched division.

Retail
New York Life touts $75 million loan for Bergen County retail center

New York Life Real Estate Investors has originated a $75 million loan secured by a recently redeveloped shopping center in Bergen County, the company said recently.