Finance & Capital Markets

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

Residential & Mixed Use
New York Life lends $131 million for Jersey City apartment tower

Roseland Residential Trust has landed a $131 million mortgage loan from New York Life Real Estate Investors in connection with a 412-unit apartment tower in Jersey City.

Residential & Mixed Use
Jersey City portfolio owner refinances for $7.23 million, Progress says

Progress Capital Advisors has secured more than $7 million for a client to refinance a four-building multifamily and retail portfolio in Jersey City, the firm announced.

Finance & Capital Markets
Wilcox brokers $7.2 million refi for Bloomfield office building

The owner of a well-known office building in downtown Bloomfield has refinanced for $7.2 million, in a transaction arranged by G.S. Wilcox & Co.

Finance & Capital Markets
Newark apartment owner refinances for $4.8 million, Progress says

The owner of an apartment building in Newark’s Weequahic neighborhood has refinanced for nearly $5 million, following a transaction brokered by Progress Capital Advisors.

Finance & Capital Markets
HFF brokers $9.1 million loan for Swedesboro industrial owner

A warehouse owner in Gloucester County has secured $9.1 million in financing for an expansion of its holdings in the area, brokerage firm HFF announced.

Residential & Mixed Use
Kennedy Funding touts $2.1 million loan for California development site

Kennedy Funding has closed on more than $2 million in financing for a developer’s purchase of 17.5 acres in northern California.

Finance & Capital Markets
HFF brokers $29 million loan for Research Triangle project

A developer has secured nearly $29 million in financing for a project in North Carolina’s Research Triangle, in a transaction led by brokers from HFF’s New Jersey office.

Professional Services
C&W announces 15 broker promotions in New Jersey

Cushman & Wakefield has named two new executive vice chairmen in New Jersey, part of 15 newly announced broker promotions in the firm’s three offices in the state.

Finance & Capital Markets
Progress brokers $4.3 million loan for Passaic residential project

The developer of a new 40-unit multifamily building in Passaic has secured more than $4 million in financing, Progress Capital Advisors said last week.

Finance & Capital Markets
Kennedy Funding lends $1.45 million to developer in Montana oil country

Kennedy Funding has closed a $1.45 million loan for a developer near an oil-rich region at the border of North Dakota and Montana.