The owner of the nearly 1,200-unit apartment complex known as The Beacon in Jersey City has snagged more than $257 million in financing, brokers with Cushman & Wakefield announced.
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.
A developer has landed a $30 million construction loan for an 80-unit apartment building in Jersey City, according to a debt placement team with Greystone.
The developer of a 12-story, 403-unit apartment complex in Newark’s Ironbound section has secured $94 million in financing, in a newly announced transaction by Greystone.
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.
Capodagli Property Co. has secured a $65 million construction loan for a planned 325-unit multifamily project in Union County, in a newly announced transaction by Greystone.
An investor has refinanced an 11-building apartment portfolio in New Jersey and the Bronx, following more than $69 million in transactions arranged by Eastern Union Funding.
