Finance & Capital Markets
Hampshire snags $62 million construction loan for 270-unit Hackensack rental project
An affiliate of The Hampshire Cos. has landed a $62 million construction loan for a 270-unit apartment building in downtown Hackensack, in a newly announced deal by Northmarq.
Developers ink $58 million refi of 240-unit Journal Square rental building, JLL says
The owners of a six-year-old, 240-unit luxury apartment building in Jersey City have closed on $58 million in financing for the property, according to a debt placement team with JLL.
BLT lands $257 million Greystone loan for The Beacon in Jersey City, C&W says
The owner of the nearly 1,200-unit apartment complex known as The Beacon in Jersey City has snagged more than $257 million in financing, brokers with Cushman & Wakefield announced.
Progress sources $61 million acquisition loan for Vision Properties deal in Northern Virginia
An investor has secured more than $60 million in acquisition financing for a 270,000-square-foot office building in Northern Virginia, in a deal arranged by Progress Capital.
Developer of 203-unit Newark rental tower inks $50 million construction loan, FM Capital says
A developer has secured nearly $50 million in financing for a planned 203-unit apartment building in Newark’s University Heights section, in a deal arranged by FM Capital.
