Finance & Capital Markets
Apartment owner closes $79 million refi for New Jersey, Bronx apartment portfolio
The owner of an apartment portfolio spanning more than 1,000 units in New Jersey and the Bronx has refinanced for nearly $80 million, in a deal arranged by Eastern Union.
Spencer closes $9 million loan for 58-unit Hackensack rental building
Spencer Savings Bank has originated $9 million in financing to the owner of a 58-unit apartment building in Hackensack, the lender announced recently.
JLL: Denholtz inks $11 million permanent loan for 288-unit high-rise complex in Rahway
Denholtz Properties has closed on $11 million in permanent financing for a two-building, 288-unit apartment property in downtown Rahway.
Owner of ShopRite-anchored center in Belleville refis for $12 million, Cronheim says
The owner of a grocery-anchored shopping center in Belleville has refinanced the property for nearly $12 million, brokers with Cronheim Mortgage announced Friday.
Penwood snags $40 million acquisition loan for 274,000 sq. ft. Bordentown warehouse, JLL says
An investment manager has added to its New Jersey real estate holdings, acquiring a Bordentown industrial building with the help of a $40 million loan arranged by JLL.
