Finance & Capital Markets
Boonton shopping center owner lands $11 million in permanent financing, Cronheim says
A real estate investment trust has secured an $11 million loan for a grocery-anchored shopping center in Boonton, according to a debt placement team with Cronheim Mortgage.
BNE lands $78 million permanent loan for 291-unit South Amboy rental project, M&T says
BNE Real Estate Group has secured $78 million in permanent financing for a collection of 291 new apartments along the Raritan Bay, in a deal arranged by M&T Realty Capital Corp.
JLL: Owner of 210,000 sq. ft. ex-headquarters building in Union Twp. refis for $31 million
The owner of a well-known office building in Union Township has landed $31 million to refinance the 210,000-square-foot property, in a deal arranged by JLL.
BBCP inks $44 million refi for six-building, 390,000 sq. ft. Bergen County flex portfolio
The owner of nearly 390,000 square feet of flex commercial space in Allendale has refinanced the portfolio for $44 million, in a newly announced deal by Black Bear Capital Partners.
JLL: Buyer inks $32 million loan for purchase, renovation of Hackensack rentals
The new owner of a 198-unit garden apartment complex in Hackensack has landed nearly $32 million in financing for the acquisition and for its plans to renovate the property.
