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: BLP inks $10.3 million construction loan for 76,000 sq. ft. Somerset warehouse project

Bridge Logistics Properties has obtained $10.3 million in construction financing for more than 76,000 square feet of new speculative warehouse space in the Somerset section of Franklin.

Finance & Capital Markets
Summit Associates secures financing for 113,000 sq. ft. industrial portfolio in Edison, JLL says

Summit Associates Inc. has closed on financing for more than 113,000 square feet of industrial space in Edison’s Raritan Center, in a newly announced deal by JLL.

Finance & Capital Markets
Tulfra closes on Fulton Bank construction loan for 795-unit Jersey City self-storage project

Tulfra Real Estate has secured construction financing for a planned 795-unit self-storage facility in Jersey City, the first of three phases for a project near Liberty State Park.

Industrial
Newmark: Ares provides $135 million loan for East Hanover cold storage, warehouse project

The developers of some 584,000 square feet of new cold storage and industrial space in East Hanover have secured a $135 million construction loan, brokers with Newmark said Tuesday.

Top News
Owners Council Roundtable: Besides the capital markets, what is a major challenge that the industry still faces?

We posed the question to members of our 2024 Owners Council. Here’s what they had to say.

Finance & Capital Markets
BHI closes $39 million construction loan to EPIRE for 75-unit Jersey City condo project

A developer has secured a nearly $39 million construction loan from BHI for a new nine-story, 75-unit condominium building in Jersey City’s Hamilton Park section.

Finance & Capital Markets
JLL: Seagis lands $102 million loan for 496,000 sq. ft. portfolio of new warehouse projects

Seagis Property Group has closed on $102 million in financing for three newly completed warehouses in New Jersey and Florida, brokers with JLL announced Monday.

Finance & Capital Markets
Kennedy Funding provides $1.5 million loan to expand Hudson Valley events venue

The owner of an event space in New York’s Hudson Valley is expanding the venue with the help of a nearly $1.5 million loan from New Jersey-based Kennedy Funding.

Residential & Mixed Use
Mill Creek seals JV partnership, breaks ground on 253-unit Fort Lee apartment towern

Mill Creek Residential has broken ground on a 253-unit luxury rental tower in Fort Lee, having secured joint venture equity as part of a deal arranged by JLL.

Finance & Capital Markets
C&W: Lincoln Equities, PCCP refi new 333,000 sq. ft. warehouse in Bayonne for $126 million

Lincoln Equities Group and PCCP LLC have secured more than $126 million to refinance nearly 333,000 square feet of newly built industrial space in Bayonne.