Finance & Capital Markets
Progress Capital sources $23 million loan for 1,000-unit self-storage project
A developer has landed a $23 million construction loan for a planned 1,000-unit self-storage facility in Branchburg, in a deal arranged by Progress Capital.
Unity Bank taps Peene as senior vice president, chief depository officer
A banking industry veteran has joined Unity Bank as its senior vice president and chief depository officer, the Clinton-based lender announced.
Hampshire, Invesco score construction loan for 112,000 sq. ft. Meadowlands industrial project
A joint venture has closed on a construction loan for a development that will bring more than 110,000 of new logistics space to North Arlington, brokers with JLL announced Monday.
Birch Group partnership inks $328 million debt, equity package for 101 Hudson purchase
The buyers of 101 Hudson St. in Jersey City have secured $328 million in debt and equity financing for the 42-story, 1.35 million-square-foot office tower.
Navigating a challenging market with Meridian’s Russ Drebin
Up until the last few months, this year was great. Rates were relatively low, and I was proactively advising clients to take advantage of the market while it was tame. However, since the market has taken a turn, it has been even more important to advise clients in a way that is transparent and focused on their specific goals. Knowing your client and knowing what their goals are will allow you to help them during a time when the market is great, and conversely at times when the market is not so great.
