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
CBRE inks $150 million loan for Mack-Cali office building in Hoboken

Mack-Cali Realty Corp. has secured a $150 million loan to refinance a waterfront office building in Hoboken, brokers with CBRE announced Tuesday.

Finance & Capital Markets
Roseland refinances luxury apartment property in Morris Plains

JLL has arranged $43 million in financing for a newly built, 197-unit luxury apartment property in Morris Plains developed by Roseland Residential Trust.

Finance & Capital Markets
Developers land construction loan for 220-unit Englewood rental project

A joint venture is eyeing a 2020 delivery for new luxury apartments in Englewood, brokers with JLL said, having secured construction financing for the 220-unit project.

Finance & Capital Markets
Progress inks $16 million acquisition loan for student housing portfolio

Progress Capital has arranged $16 million in financing for a client to acquire a 219-bed, multisite student housing portfolio near Pennsylvania’s Lehigh University.

Finance & Capital Markets
Meridian inks $21.3 million loan for 450-unit rental property in Burlington Co.

The developer of a 450-unit luxury apartment property in Willingboro has landed more than $21 million in financing, in a transaction arranged by Meridian Capital Group.

Finance & Capital Markets
JLL inks $17 million sale of Long Island shopping center

A team of Morristown-based brokers with JLL has completed the sale of a nearly 66,000-square-foot, grocery-anchored retail center on Long Island.

Finance & Capital Markets
NYL inks $60.2 million mortgage for Hartz industrial portfolio

Hartz Mountain Industries has landed a $60.2 million loan from New York Life Real Estate Investors for a five-building, 613,726-square-foot industrial portfolio in three municipalities.

Residential & Mixed Use
Developers of mixed-use Jersey City property ink $42 million refi, JLL says

A development group has refinanced a newly built, mixed-use apartment and retail property in Jersey City, under a $42 million transaction arranged by JLL.

Finance & Capital Markets
JLL inks acquisition loan for 104,000 sq. ft. office complex in Somerset County

A joint venture has secured financing for its acquisition of a two-building, 104,202-square-foot office complex in Somerset County, brokers with JLL announced Thursday.

Residential & Mixed Use
Buyer wanted for two-tower, 594-unit Newark development site, Meridian says

Brokers with Meridian Capital Group are seeking a buyer for a development site in downtown Newark, one that is fully approved for nearly 600 high-end apartments across two towers.