CMC inks $6.4 million construction loan for Fanwood apartment, retail project

A developer has landed a $6.4 million construction loan for a project that would bring 24 new apartments and retail space to Fanwood, according to Commercial Mortgage Capital.

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.

Procida joins developer, local officials to unveil final phase of Northvale condos

Paris Square at 199 Paris Ave. in Northvale — Courtesy: Procida Funding By Joshua Burd A development team has marked the long-awaited completion of an age-restricted, 111-unit condominium complex in the Bergen County borough of Northvale. Procida Funding, a lender…

Tulfra sells 37,000 sq. ft. Whippany light industrial building for $7.3 million

Tulfra Real Estate has sold a 37,000-square-foot commercial building in Hanover for more than $7 million, completing a value-add plan for a property that it purchased in 2014.

Progress inks $27 million acquisition loan for Kearny apartment deal

The buyer of a six-building, 171-unit apartment complex in Kearny has secured $27 million in financing, in a newly announced transaction by Progress Capital.

JLL sources $42 million construction loan for Readington apartment project

A developer has secured a $42 million construction loan for a new 254-unit luxury apartment complex in Readington, according to a debt placement team with JLL.

Tulfra sells self-storage complex in Clifton, Nutley for $24 million

Tulfra Real Estate has reaped more than $24 million from the sale of a newly developed, 925-unit self-storage facility in northern New Jersey.

One Wall Partners acquires 159-unit rental complex in Rahway

An investment and management firm has expanded its portfolio with the purchase of a 159-unit apartment complex in downtown Rahway, in a transaction brokered by HFF.

Middlesex Co. rental complex sells for $5.2 million, Kislak says

A private investor has acquired a 44-unit apartment complex in Middlesex County for $5.2 million, brokers with The Kislak Co. Inc. announced Monday.