Finance & Capital Markets
Developer of mixed-use project outside Orlando inks $4 million loan with Kennedy Funding
Kennedy Funding has closed nearly $4 million in financing to the would-be developer of a mixed-use project outside Orlando.
Developer lands $29 million in preferred equity for 568-unit rental portfolio in Bound Brook, Hackensack
The owner of a 568-unit apartment portfolio in Bound Brook and Hackensack has recapitalized the properties for $29 million, according to an advisory team with Berkadia.
CRG inks $9 million financing deal for 161,000 sq. ft. Mount Olive warehouse, JLL says
Commercial Realty Group has closed on $9 million in permanent financing for a nearly 161,000-square-foot warehouse in the Flanders section of Mount Olive, in a deal arranged by JLL.
Cronheim: Clifton’s Styertowne Shopping Center refis for $20 million, with updates underway
The owner of the historic Styertowne Shopping Center in Clifton has refinanced the grocery-anchored property for $20 million, brokers with Cronheim Mortgage said last week.
JLL: Namdar eyes 588-unit Journal Square tower with $152 million financing deal
Namdar Group has snagged $152 million in construction financing for a project that will bring nearly 600 new apartments to Jersey City’s booming Journal Square neighborhood.
