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
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.

Residential & Mixed Use
Senior housing complex in Monroe trades for $19M

An investment group has paid $19.2 million for a 100-unit luxury rental building in Monroe Township, Gebroe-Hammer Associates announced Wednesday.

Office
Somerset County office building ‘with upside potential’ changes hands

A private buyer has acquired a 161,217-square-foot office building in the Somerset section of Franklin, HFF announced Tuesday.

Finance & Capital Markets
G.S. Wilcox brokers $44M in financing for developers

G.S. Wilcox & Co. has secured more than $44 million in financing tied to three recent transactions, including a $7 million loan for an industrial facility in Totowa.

Professional Services
New Weichert Commercial unit aims to help investor clients

Weichert Commercial Brokerage Inc. has launched a new platform aimed at assisting clients seeking to invest in commercial real estate, the company announced Tuesday.