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
Morristown midrise among seven deals brokered by Gebroe-Hammer’s Tragash

A midrise apartment building in Morristown has traded hands for $18.5 million, the largest among more than $50 million worth of recent investments sales orchestrated a veteran broker with Gebroe-Hammer Associates.

Finance & Capital Markets
Redwood Realty brokers multifamily sales in Woodbridge, Union City

Redwood Realty Advisors has closed the sale of two garden apartment properties for a combined price of nearly $4 million.

Finance & Capital Markets
Hackensack firm arranges land loan for Jersey City hotel

A new 276-unit hotel in downtown Jersey City is proceeding with the help of a $10.75 million refinancing loan originated by Silver Arch Capital Partners.

Finance & Capital Markets
Wilcox secures financing for two Louisiana properties

G.S. Wilcox & Co., a Morristown-based mortgage banking firm, said it has arranged for two multifamily properties in Louisiana.

Finance & Capital Markets
C&W: Fort Lee office building trades for $22M

A New York investor has paid $22 million to acquire a 90,000-square-foot office building in the heart of Fort Lee’s redevelopment district, Cushman & Wakefield said Wednesday.

Finance & Capital Markets
Sica: NJCU project has ‘everything to offer’

In today’s “ecosystem of real estate in New Jersey,” Jeff Sica knows that good opportunities are hard to find when it comes to mixed-use, transit-centric projects that feed off of New York City.

Office
Cushman & Wakefield brokers $5.7M office sale in Montvale

A major accounting firm plans to renovate a 60,000-square-foot office building in Montvale after acquiring the property for $5.7 million, Cushman & Wakefield said.

Finance & Capital Markets
Colliers brokers $63M sale of Hackensack office complex

A joint venture has paid $63 million to acquire the Continental Plaza office complex in Hackensack, in a deal orchestrated by brokers with Colliers International.

Deals
San Francisco REIT acquires Franklin industrial building

Terreno Realty Corp. has acquired a small industrial property in Franklin for $9.1 million.

Finance & Capital Markets
HFF brokers $147M sale of N.Y. multifamily property

A brokerage team from HFF’s New Jersey office has closed the $147 million sale of a 504-unit apartment community in nearby Rockland County, New York.