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
Normandy refinances Princeton-area office building for $14.5 million, HFF says

The owner of a 114,000-square-foot office building just outside Princeton has refinanced the property for $14.5 million, brokers with HFF said Wednesday.

Finance & Capital Markets
HFF brokers $10 million in loans for South Jersey industrial trades

Investors have acquired three industrial buildings in Burlington County, thanks in part to nearly $10 million in financing secured by brokers with HFF.

Finance & Capital Markets
CRE mortgage broker firm hires business development exec for new unit

Eastern Union Funding, a Howell-based commercial real estate mortgage brokerage firm, has hired a director of business development for a newly launched division.

Retail
New York Life touts $75 million loan for Bergen County retail center

New York Life Real Estate Investors has originated a $75 million loan secured by a recently redeveloped shopping center in Bergen County, the company said recently.

Professional Services
Sills Cummis promotes three attorneys

A commercial real estate attorney with Sills Cummis & Gross P.C. is among three practitioners to be promoted recently by the Newark-based firm.

Retail
ECB Capital brokers $36 million loan for Monmouth County shopping center

The developer of a 290,000-square-foot shopping center in Howell has refinanced the property, thanks to a $36 million loan arranged by ECB Capital Group.

Finance & Capital Markets
Eastern Union brokers $69.5 million refinancing for 11-building portfolio

An investor has refinanced an 11-building apartment portfolio in New Jersey and the Bronx, following more than $69 million in transactions arranged by Eastern Union Funding.

Retail
HFF: Well-known Jersey Shore retail center refinances for $43.6 million

The owner of a high-end, 148,000-square-foot retail center in Monmouth County has refinanced for $43.6 million, in a transaction arranged by brokers with HFF.

Finance & Capital Markets
Procida closes $3 million bridge loan on Union County properties

Procida Funding & Advisors LLC has provided a $3 million bridge loan as part of a transaction secured by four light industrial properties totaling more than 27,000 square feet in Union County.

Residential & Mixed Use
New Brunswick arts redevelopment completes $171 million financing package

The team behind the highly anticipated, mixed-use New Brunswick Performing Arts Center project has closed on the financing for the sweeping $171 million development.