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
Progress inks $6.3 million loan for Newark parking lot deal

Progress Capital Advisors has brokered $6.3 million in financing for a client to acquire a 2.2-acre parking lot near downtown Newark, the mortgaging brokerage firm said.

Finance & Capital Markets
HFF lands $10.2 million loan for Tulfra self-storage project

Brokers with HFF have secured $10.2 million in financing for a developer to build a 925-unit self-storage facility on the border of Nutley and Clifton.

Residential & Mixed Use
Jersey City apartment, retail project lands $26.25 million construction loan

Progress Capital Advisors has secured more than $26 million in financing for the construction of a new nine-story, mixed-use building in the McGinley Square section of Jersey City.

Finance & Capital Markets
Investors Bank touts $68 million in loans for New Jersey multifamily properties

Investors Bank has closed on several loans to support New Jersey multifamily properties in recent months, part of more than $300 million in new lending activity for region.

Finance & Capital Markets
Capodagli lands construction loan for 172-unit Rahway project, Avison Young says

Capodagli Property Co. has secured a $30 million construction loan for a new 172-unit apartment project in Rahway, in a transaction arranged by Avison Young.

Finance & Capital Markets
Wilcox brokers $27 million loan for Central Jersey industrial owner

G.S. Wilcox & Co. has arranged $27.2 million in financing for a three-building industrial portfolio in central New Jersey, the commercial mortgage banking firm said.

Finance & Capital Markets
Investors touts $30 million loan for Livingston rehabilitation center

Investors Bank is celebrating the completion of a new 100,000-square-foot post-acute care facility in Livingston, for which it provided $30 million in financing.

Industrial
HFF sources $37 million loan for Secaucus industrial project

The developer of a newly built, two-building industrial complex in Secaucus has secured nearly $37 million in permanent financing, according to brokers with HFF who arranged the loan.

Finance & Capital Markets
Progress: $2.8 million loan funds Monmouth County retail purchase

Progress Capital Advisors has secured nearly $2.8 million in financing for a client to acquire an 18,150-square-foot shopping center on Route 35 in Neptune.

Finance & Capital Markets
Developer secures $15 million loan for Somerville rental project, Meridian says

Meridian Capital Group has brokered $15 million in financing for the development of a new 60-unit luxury rental property in downtown Somerville.