Investors Bank touts $2.7 billion in CRE loans in 2017

Multifamily projects in Morristown and Monroe are among the latest developments financed by Investors Bank, contributing to more than $2.5 billion in commercial real estate activity completed by the lender in 2017.

A fast start to a busy year

As we’ve been reminded over the last two years, industry leaders have long feared that federal tax reform could spell the end of many of the loopholes enjoyed by developers and investors. It became clear last fall that benefits such as the 1031 exchange would live to see another day, but as we came to learn, that was just the beginning of how the commercial real estate sector would stand to gain under President Trump’s tax overhaul.

A look back at the biggest stories of 2017 in New Jersey commercial real estate

New Jersey’s commercial real estate market was as dynamic as ever in 2017, thanks in large part to the health of the industrial and multifamily sectors. But we also saw developers and investors adapt to critical changes and challenges in the retail and office sectors.

IN THE MOMENT: Investors Bank helps fund new Summit community center

A public- and private-sector alliance raised $6.5 million to renovate and modernize the Summit Community Center, which opened in 1954. Investors Bank, with the Investors Foundation, energized the fundraising and became the founding sponsor by providing a $250,000 grant.

Russo breaks ground in Kearny on latest rental project

Russo Development has started construction on its second apartment community in Kearny, adding to its growing pipeline of residential development in northern New Jersey.

Jersey City project among recent CRE loans for Investors

Lenders with Investors Bank have closed $15.6 million in financing for a planned mixed-use building in Jersey City, one of three major loans closed by the bank in recent weeks.

Meridian brokers $70 million loan for Somerset’s Bell Works project

Investors Bank is providing a $70 million loan to Somerset Development for its landmark Bell Works project in Holmdel, under a financing deal negotiated by Meridian Capital Group.

Monmouth students meet CRE pros at annual Kislak Institute career night

Executives from some of the state’s top commercial real estate firms joined dozens of students recently at an annual industry career night hosted by Monmouth University.

Investors: N.J. office, retail sites among $100M in recent loans

With an uptick in demand that started last fall, lenders with Investors Bank have financed more than $100 million in commercial real estate transactions in recent weeks.

Investors announces more than $300M in CRE loans

Investors Bank has originated than $308 million in loans in recent weeks, financing more than a dozen transactions involving multifamily and commercial properties.