Finance & Capital Markets
Urstadt Biddle lands $21 million loan for New Providence retail center, Cronheim says
The owner of a 108,000-square-foot, grocery-anchored shopping center in New Providence has secured $21 million in financing for the site, in a deal arranged by Cronheim Mortgage.
Developer nabs $26 million loan for Journal Square micro-apartments
The developer of 122 micro-apartments in Jersey City’s Journal Square has secured a $25.5 million loan for the property, according to brokers with JLL.
JLL inks $43 million loan for MCB, Hampshire ‘town center’ project near Philadelphia
A joint venture has landed nearly $43 million in financing to build a mixed-use, grocery-anchored development at the site of an existing commercial complex outside Philadelphia.
Northmarq sources $16 million loan for new East Orange apartments
A developer has secured a $16 million permanent loan for a new 103-unit apartment building in East Orange, in a deal arranged by Northmarq.
Urby, Panepinto secure $88 million loan for 317-unit Journal Square high-rise, JLL says
A joint venture has landed nearly $90 million in financing for its development of a 317-unit apartment tower in Jersey City, according to a debt placement team with JLL.
