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
East Orange rental project lands $7.6 million construction loan, Meridian says

Meridian Capital Group has arranged $7.6 million in construction financing for a new 58-unit residential project in East Orange, the real estate services firm said.

Office
HFF brokers $31.4 million sale to first-time office buyer

A longtime residential investor is expanding into the office sector, acquiring a four-building, 305,000-square-foot portfolio in Burlington County.

Finance & Capital Markets
Rental owner refinances five properties for $15 million, lender says

A multifamily owner has refinanced five properties in New Jersey, thanks to a $15.2 million loan from a New York-based commercial real estate finance firm.

Finance & Capital Markets
Financing will support 46-unit project in Long Branch, Progress Capital says

Progress Capital Advisors has brokered a $9 million loan to help spur construction of a new 46-unit multifamily building in downtown Long Branch.

Industrial
Newark industrial project lands $16.2 million construction loan

HFF has secured $16.2 million in financing for the development of a 290,063-square-foot, speculative industrial building near Newark’s port district.

Finance & Capital Markets
CBRE honored for role in Bridge portfolio sale

A national publication has recognized CBRE for its role in last year’s blockbuster sale of a three-state, 3.4 million-square-foot industrial portfolio by Bridge Development Partners.

Finance & Capital Markets
Plainsboro apartment deal cracks top 20 in national ranking of 2017 investment sales

The Kushner Cos.’ acquisition of a garden apartment complex near Princeton was not only the state’s largest single-asset deal of 2017, but among the top 20 nationwide in a newly released list of multifamily investment sales.

Residential & Mixed Use
The truth about tax reform: A deeper look at the impact on commercial real estate

By Joshua Burd For all the buzz and political rhetoric surrounding federal tax reform, Jeff Otteau points to a consequence of one key change that has largely flown under the radar. For decades, homeowners have been better equipped to reduce…

Cover Story
A rebound for investment activity

When it came to commercial real estate, many investors had likely felt that property values had peaked in 2016, that the bull run was ending and the economy was due for a pullback. Those are among the reasons that Jeff Otteau feels overall investment sales in New Jersey fell last year to $6.5 billion, from $8.3 billion in 2016, while activity also slowed in New York City. Yet that trend could be in store for a reversal as a result of the newly amended tax code, which has preserved and added to the benefits given to real estate investors.

Roundtable
What new trends or market forces will influence commercial real estate lending strategies in the years to come?

What new trends or market forces will influence commercial real estate lending strategies in the years to come? We assembled a panel of industry experts to tackle our recent roundtable question.