CMC: Parsippany apartment complex owner lands $12.7 million refi

An apartment owner has refinanced an eight-building, 222-unit complex in Parsippany for $12.7 million, in a newly announced transaction by Commercial Mortgage Capital.

CMC inks $11 million refi for 35-unit rental project in Fanwood

The owner of a newly completed, 35-unit apartment building in Fanwood has refinanced for $11 million, in a transaction arranged by Commercial Mortgage Capital.

From the publisher: The strength of a few, a missed opportunity for many

Aside from a handful of top players who dominate the business, there is a noticeable lack of commercial mortgage brokers and mortgage banking firms that are based here in the Garden State. How can that be, in a state that has billions of dollars in mortgages to originate and billions more to refinance?

CMC: South Plainfield warehouse owner refis for $5 million

Commercial Mortgage Capital has arranged a $5 million loan for the owner of a 158,000-square-foot warehouse in Middlesex County, the firm announced recently.