Finance & Capital Markets

Silver Arch announces $15 million loan for waterfront project in South Philly

Silver Arch Capital Partners has closed on a $15 million loan to help a developer jumpstart a mixed-use waterfront project in South Philadelphia, the Hackensack-based lender announced.

Residential & Mixed Use

HFF brokers $25 million loan for Morristown condo project

Debt brokers with HFF have arranged nearly $25 million in financing for the development of a 58-unit condominium project in downtown Morristown.

Finance & Capital Markets

Investors Bank touts $2.7 billion in CRE loans in 2017

Multifamily projects in Morristown and Monroe are among the latest developments financed by Investors Bank, contributing to more than $2.5 billion in commercial real estate activity completed by the lender in 2017.

Finance & Capital Markets

CBRE brokers $52 million loan for buyer of New Brunswick tower

A joint venture has acquired a 186-unit student housing building in downtown New Brunswick, with CBRE arranging more than $52 million in acquisition funding.

Industrial

Upgrades coming to Somerset flex park after $9.2 million refi

Denholtz Associates has secured a $9.2 million loan to refinance and upgrade an 11-building, 264,000-square-foot flex industrial portfolio in Somerset County, the firm said Thursday.

Finance & Capital Markets

Procida: $58 million funding deal spurs Philadelphia opera house rehab

A developer is set to restore the historic Metropolitan Opera House in Philadelphia with the help of $58 million in financing arranged by Procida Funding, an Englewood Cliffs-based firm.

Finance & Capital Markets

Progress Capital brokers $7 million refinance in NYC

Progress Capital Advisors has arranged $7 million in financing for the owner of a 38,000-square-foot, mixed-use property in Queens.

Finance & Capital Markets

Owner of New Jersey, Virginia warehouse portfolio secures $11.3 million loan

HFF has arranged $11.3 million in financing for the owner of a three-building warehouse portfolio in New Jersey and northern Virginia, the brokerage firm said Thursday.

Finance & Capital Markets

Procida touts $69 million construction loan in Jersey City among 2017 highlights

A developer has repaid a nearly $70 million construction loan for a Jersey City condominium project, in one of several year-end highlights touted by Procida Funding.

Real Estate NJ’s 2018 Market Forecast

What does the year 2018 have in store for New Jersey’s commercial real estate market? We put out a call to the industry and were fortunate to recruit some of the state’s most influential developers, professionals and thought leaders to give us their predictions for the year ahead.