The owner of a 287-unit apartment portfolio in Essex County has refinanced for more than $39 million, Greystone said, securing the debt under Freddie Mac’s Small Balance Loans program.
An investment group has acquired more than 5,300 apartments in the state for a combined $1.05 billion, in a transaction that spans 14 cities in northern, central and southern New Jersey.
Greystone has closed nearly $50 million in financing to the buyer of a 484-unit garden apartment complex in Camden County, the commercial real estate lender announced.
The developer of a 72-unit apartment building in Jersey City has refinanced for more than $20 million, in a newly announced transaction by JLL.
A joint venture has secured $88 million in financing for its acquisition of a 384-unit luxury multifamily property in the Somerset section of Franklin, according to JLL.
The owner of a two-building, 50-unit apartment property in Hoboken has secured nearly $22 million in financing, in a transaction arranged by JLL.
The owner of a new 80-unit apartment building in Jersey City has refinanced the property for $20.5 million, under a transaction arranged by JLL.
The owner of a 237-unit garden apartment complex in Bergen County has secured $30 million in financing, brokers with JLL announced Tuesday.
The owner of a 13-property residential and mixed-use portfolio in Essex and Hudson counties has refinanced the properties for $57 million, brokers with CBRE announced Wednesday.