Finance & Capital Markets

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

Guest Columns
Don’t rule out negative interest rates just yet: Here’s why — and what it would mean for you

Even after accounting for the fact that interest rates and expected inflation jumped after Donald Trump’s election, I would guess there is a 20 percent possibility that short-term interest rates become negative in the next two years.

Current Issue
CRE MARKET FORECAST: Predictions from industry experts

What does the year 2017 have in store for the commercial real estate market?

We can’t say for sure — and we know you can’t either — but we asked some of the industry’s top professionals in New Jersey to give it their best shot. In the process, we’ve tried to bring you a good cross-section of experts from different disciplines.

Finance & Capital Markets
Investor buys Essex County apartments for $130 million

An investment firm has acquired a 360-unit Roseland apartment complex for $130 million, following a financing deal arranged by capital markets brokers with JLL.

Finance & Capital Markets
Wilcox touts financing for two N.J. industrial properties

G.S. Wilcox & Co. has secured more than $12 million in financing for developers involved in two recent transactions in Passaic and Somerset counties, the firm announced.

Office
SOLD: Mack-Cali’s 1.26M sq. ft. flex portfolio in South Jersey

5  Terri Lane in Burlington Township — Courtesy: HFF Below is the full list of office and flex properties in Burlington County that HFF is marketing on behalf of Mack-Cali Realty Corp.

Finance & Capital Markets
Union office landlord refinances for $11M

The owner of a Union office building is refinancing the property for $11 million after recently completing a series of renovations, brokerage firm HFF said Thursday.

Finance & Capital Markets
HFF brokers $17.5M refinance for Warren retail center

The owners of a grocery-anchored shopping center in Warren are refinancing the property for $17.5 million, following a transaction arranges by HFF.

Deals
HFF: Hartz refinances 13-piece industrial portfolio for $162M

Brokerage firm HFF has secured a $162 million loan to help Hartz Mountain Industries refinance a 13-building, 2.67 million-square foot industrial portfolio in northern New Jersey.

Finance & Capital Markets
Jersey City HUD building recapitalizes with $95M loan

A Boston-based mortgage banking firm has closed a $95 million loan to recapitalize a Jersey City apartment complex and allow it to continue to offer federally subsidized affordable housing.

Top News
CBRE brokers $24M bridge loan for ex-MetLife building

The Provident Bank has provided a $24 million loan for a developer to refinance a vacant office building in Hanover, under a transaction arranged by CBRE.