Finance & Capital Markets

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

Industrial
HFF: Owners using $14.9 million loan to acquire, develop 8A industrial site

HFF has secured nearly $15 million in financing to help a joint venture acquire, entitle and renovate an industrial building in South Brunswick, where it also hopes to build on an adjacent development site.

Finance & Capital Markets
Investors Bank: Recent CRE loans total more than $280 million

Investors Bank has continued its push to lend across different sectors of commercial real estate, originating more than $280 million in financing for 10 major transactions in recent weeks.

Hospitality & Tourism
Meridian brokers $7.8 million refinance for Jersey Shore hotel

The owner of a Toms River hotel is refinancing for $7.8 million, following a transaction arranged by brokers with Meridian Capital Group.

Finance & Capital Markets
G.S. Wilcox secures $6 million for Essex County warehouse owner

G.S. Wilcox & Co. has completed $6 million in financing for a five-building industrial portfolio in Orange, working on behalf of a private equity firm that owns the properties.

Finance & Capital Markets
Retail owner refinances for $19.75 million, Eastern Union says

Eastern Union Funding has arranged a nearly $20 million loan for a client to refinance a 106,000-square-foot shopping center in Jackson, the firm said Tuesday.

Residential & Mixed Use
Carlton Group brokers $46 million loan for Bound Brook apartment project

A real estate investment banking firm has arranged $46 million in financing for the developer of Queen’s Gate Apartments, a new 144-unit rental community in Bound Brook.

Finance & Capital Markets
Financing aids sale of Central Jersey mobile home community

A firm has arranged more than $23 million in financing for a client to acquire a manufactured housing community less than 10 miles outside New Brunswick.

Retail
Triple Five completes $1.1 billion bond sale needed to reboot American Dream

The developer of the American Dream project in the Meadowlands has assembled the nearly $3 billion financing package needed to complete the massive retail and entertainment complex, allowing it to resume construction and look ahead to a March 2019 opening.

Finance & Capital Markets
Wilcox touts $19 million in financing for Morristown office building acquisition

G.S. Wilcox & Co. has arranged a $19 million loan for a developer’s recent acquisition of a well-known office building in downtown Morristown, the mortgage banking firm said Thursday.

Professional Services
Hosey, a former talent agent, now leading Marcus & Millichap’s growth in New Jersey

Brian Hosey has risen through the ranks of Marcus & Millichap and was hired in 2014 as the regional manager for its northern New Jersey office, where he now oversees a growing sales team of about 40 for the nation’s largest investment real estate brokerage firm for private clients.