Finance & Capital Markets
Prism lands $54 million refi for mixed-use redevelopment near Dunellen train station
Prism Capital Partners has secured nearly $54 million in fixed-rate financing for The Nell, a development that has brought new apartments, townhomes and retail space to Dunellen.
Seagis lands $122 million loan for three-state, 1.1 million sq. ft. industrial portfolio, JLL says
Seagis Property Group LP has snagged $122 million in financing in connection with more than 1 million square feet of industrial space in New Jersey, New York and Florida.
Starfield-led team lands $80 million construction loan for Asbury Park rental project, JLL says
A joint venture has snagged an $80 million construction loan for a project that will bring 226 luxury apartments and townhomes to Asbury Park’s waterfront redevelopment zone.
Mesa West, Bridge Industrial close $54 million loan for South Brunswick industrial project
Bridge Industrial is nearing completion of some 292,000 square feet of new industrial space in South Brunswick after securing nearly $54 million in construction financing.
SCALE, Namdar close $243 million in loans for Journal Square apartment projects
SCALE Lending has doubled down on Namdar Group’s development pipeline in Jersey City, providing another $243 million in financing for projects with a combined 811 apartments.
