Finance & Capital Markets
PGIM details $64 million acquisition loan to Longpoint for Totowa industrial portfolio
Longpoint Partners LP has secured nearly $64 million in financing for its purchase of more than 448,000 square feet of shallow-bay industrial space in Totowa.
JLL: Tulfra lands $44 million, five-year loan for new 160-unit rental property in Rochelle Park
Tulfra Real Estate has secured $44 million in financing for its newly built, 160-unit luxury apartment building in Rochelle Park, brokers with JLL announced Thursday.
Spencer closes loans for Bridgewater medical office building, Newark housing project
The owner of a medical office building in Bridgewater has secured nearly $8 million in permanent financing, in one of two recent closings by Spencer Savings Bank.
Hotel developer inks construction loan for 128-key Marriott property in Lyndhurst
A developer has secured a $14.6 million construction loan to build a 128-key extended-stay hotel in the Meadowlands, in a transaction arranged by Cronheim Mortgage.
Bayport Funding closes $5.2 million acquisition, construction loan for Fort Lee rental project
A private developer has closed on $5.2 million in financing in connection with a planned seven-unit apartment building in Fort Lee, its lender announced Thursday.
