Finance & Capital Markets

With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.

Office
Capital markets brokers Welsh, Schulz join Newmark Knight Frank

A team led by two of the state’s top capital markets brokers has joined Newmark Knight Frank, providing a powerful addition to the firm’s investment sales platform in northern New Jersey.

Residential & Mixed Use
Developer secures $49.6 million loan for Hackensack rental project, HFF says

HFF has arranged nearly $50 million in financing for a newly built 222-unit, luxury apartment complex in Hackensack, the real estate services firm said Tuesday.

Retail
Triple Five secures $1.67 billion construction loan for American Dream project

The developer of the American Dream project in the Meadowlands has closed on $1.67 billion in private financing, allowing it to “aggressively move forward” with construction after months of delays at the notoriously stalled retail and entertainment complex.

Finance & Capital Markets
New service brings new benefits to limited partners, investors

Eastern Union Funding has launched a new service aimed at helping limited partners increase their return from a real estate investment — without taking on additional risk. In the process, their general partners will have an opportunity to bring in additional equity.

Residential & Mixed Use
HFF marketing Mercer County apartment community

The owner of a 312-unit, Princeton-area apartment community has hired HFF to sell the property.

Finance & Capital Markets
HFF secures $100 million refinance for Hudson County retail center

The owner of a fully leased, 410,015-square-foot retail center in Hudson County has refinanced the property for $100 million, HFF said Thursday.

Finance & Capital Markets
Meridian: Senior housing complex trades with the help of $15.3 million loan

Meridian Capital Group has arranged $15.3 million in financing for a client to acquire a 159-unit senior housing complex in Essex County, the firm said Wednesday.

Hospitality & Tourism
Silver Arch closes $30.4 million loan for hotel project

A private lender based in Hackensack has arranged more than $30 million in financing for a client to acquire and reposition a hotel on Manhattan’s West Side, the firm announced.

Office
HFF marketing Florham Park office campus for sale

The owners of a four-building, 354,381-square-foot office campus in Florham Park are seeking a buyer for the property after completing a series of upgrades over the past two years.

Finance & Capital Markets
Construction loan will fund new Gold Coast rental project, Meridian says

Meridian Capital Group has arranged $7.7 million in construction financing for the development of a new luxury apartment building in Guttenberg, the firm announced.