Finance & Capital Markets
Procida’s 100 Mile Fund grows to $200 million, cracks $1 billion in originations
A fund led by real estate industry veteran Billy Procida has doubled in size to $200 million, in a move that comes as it marks more than $1 billion in originations since its founding in 2011.
C&W sources $42.75 million acquisition loan for Logan industrial park
Cushman & Wakefield advised Stalwart Equities in securing nearly $43 million in acquisition financing for Logan Township Industrial Park, a 171.3-acre site in Logan Township.
STRO inks $39 million refi of 395,000 sq. ft. New Jersey industrial portfolio
The STRO Cos. has secured a $39 million loan to refinance an eight-building, 395,000-square-foot industrial portfolio in northern and central New Jersey.
STRO, Valley Bank close $10.8 million loan for Passaic County industrial buildings
The STRO Cos. has secured a nearly $11 million loan to acquire a Passaic County industrial building and refinance another, the Ridgewood-based firm announced.
Kennedy Funding inks $3.6 million land loan for SoCal commercial, condo project
Kennedy Funding has closed a $3.6 million land loan in connection with a proposed mixed-use development in Southern California, the Englewood Cliffs-based lender announced.
