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
With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.
From the publisher: The strength of a few, a missed opportunity for many
Aside from a handful of top players who dominate the business, there is a noticeable lack of commercial mortgage brokers and mortgage banking firms that are based here in the Garden State. How can that be, in a state that has billions of dollars in mortgages to originate and billions more to refinance?
