Finance & Capital Markets
National Private Lenders Association unveils first-ever glossary for fast-growing industry
The National Private Lenders Association has released an industry-first glossary aimed at standardizing terms and definitions across the rapidly changing industry.
JLL: Kaplan snags $47 million loan from Nuveen for new senior housing in North Brunswick
The Kaplan Cos. has landed $47 million in financing for a 222-unit active adult community in North Brunswick that the firm unveiled just over a year ago, in a deal arranged by JLL.
From the publisher: Homework for you to do on our economy
Below is a link to an article by David Berson, Ph.D., of Cumberland Advisors regarding the country’s current economic status and an analysis of whether we will fall into a recession. In my opinion, it is exceptionally well written and accurate. More importantly, Berson does not fall into the usual trap that most commentators are susceptible to of only presenting data that substantiates their position. He covers the field and presents both sides of the argument without really sticking his flag in either mound.
Northmarq sources $13 million loan for 49-unit North Arlington apartment building
The owner of a two-year-old, 49-unit apartment building in North Arlington has closed on $13 million in financing for the asset, in a newly announced deal by Northmarq.
JLL sources $17.5 million loan to refi 218,000 sq. ft. White Plains office campus
The owner of two office buildings in New York’s Westchester County has refinanced the assets for $17.5 million, in a deal arranged by JLL’s Morristown-based capital markets team.
