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
Kennedy Funding closes $1.9 million land loan for Ontario resort property

The owner of a resort under construction in Ontario, Canada, is set to acquire another 125 acres for the project, having secured a nearly $1.9 million loan from Kennedy Funding.

Finance & Capital Markets
Marcus: Buyer snags $174 million debt, equity deal for 348-unit Port Imperial rental property

An apartment owner has closed on $174 million in financing and joint venture equity to acquire a 348-unit property in West New York, in a deal arranged by Marcus & Millichap.

Finance & Capital Markets
CBRE: Recycling firm inks $19 million refi for new 124,000 sq. ft. Passaic facility

The owner of a new 124,000-square-foot recycling facility in Passaic has secured an $18.6 million loan for the property, brokers with CBRE announced Tuesday.

Finance & Capital Markets
LMXD, MCI and Newark Museum secure $94 million in financing for arts campus project

A development team has closed on $94 million in financing for a plan to bring 250 apartments, retail space and a new gallery to the Newark Museum of Art’s campus on Central Avenue.

Finance & Capital Markets
W&D: Nasser Freres inks $245 million loan to complete Journal Square rental tower

Nasser Freres has scored a $245 million construction loan to complete a 622-unit apartment tower in Jersey City, in a deal arranged by Walker & Dunlop.

Finance & Capital Markets
CBRE: Daten Group secures $17 million refi of 46-unit Hoboken rental property

The developer of a 46-unit luxury apartment building in Hoboken has refinanced the property with a $17 million loan, in a newly announced deal by CBRE.

Finance & Capital Markets
Developers land $250 million in financing for 132-unit Long Branch condo project

A development team has secured more than $250 million in financing for a plan to bring 132 lavish condominiums to the Atlantic Ocean shoreline in Long Branch.

Finance & Capital Markets
JLL: Hornrock, GTIS close $115 million refi for new 389-unit Hackensack rental project

A joint venture has snagged $115 million in financing for a new two-phase, 389-unit multifamily development in downtown Hackensack, in a newly announced deal by JLL.

Finance & Capital Markets
JLL: Nuveen closes $115 million refi for New Jersey, New York self-storage portfolio

Nuveen Real Estate has provided a $115 million loan to refinance a portfolio of nine self-storage facilities across the tristate region, brokers with JLL announced Friday.

Finance & Capital Markets
JLL: BLP inks $10.3 million construction loan for 76,000 sq. ft. Somerset warehouse project

Bridge Logistics Properties has obtained $10.3 million in construction financing for more than 76,000 square feet of new speculative warehouse space in the Somerset section of Franklin.