Finance & Capital Markets
Kennedy Funding inks $1.7 million land loan to support 69-unit townhome project near Dallas
Kennedy Funding has closed on a $1.66 million land loan to a developer seeking to build 69 townhomes outside Dallas, the Englewood-based firm announced last week.
Lightstone, Friber Group close on $24 million loan for 91-unit East Orange rental project
Lightstone Capital has provided a $24 million loan to the developer of a newly built, 91-unit apartment building in East Orange.
NRDC snags $31 million loan for 358,000 sq. ft. Burlington retail center, Cronheim says
The owner of a 358,000-square-foot, Walmart-anchored shopping center in Burlington has closed on $31 million in financing for the property, in a deal arranged by Cronheim Mortgage.
Hekemian Group inks financing package for 465-unit Jersey City rental project, JLL says
The Hekemian Group has secured financing from multiple lenders for a planned 465-unit luxury apartment property in Jersey City, brokers with JLL announced Tuesday.
G.S. Wilcox closes $25 million loan for 296-unit Charlotte rental property
G.S. Wilcox & Co. has arranged nearly $25.3 million in financing for a 296-unit multifamily property in North Carolina, the Morristown-based mortgage banker announced recently.
