BEB Lending closes $5 million acquisition loan for Kearny industrial property

A tenant at an 87,000-square-foot industrial building in Kearny has acquired the property with the help of $5 million in financing from BEB Lending, a finance platform of BEB Capital.

Navigating a challenging market with Meridian’s Russ Drebin

Up until the last few months, this year was great. Rates were relatively low, and I was proactively advising clients to take advantage of the market while it was tame. However, since the market has taken a turn, it has been even more important to advise clients in a way that is transparent and focused on their specific goals. Knowing your client and knowing what their goals are will allow you to help them during a time when the market is great, and conversely at times when the market is not so great.

Buyers of Hoboken office building land $184 million financing package, Meridian says

An investment group has secured nearly $184 million in financing for its recent acquisition of a prominent office building in Hoboken, in a deal arranged by Meridian Capital Group.

Accurate Builders plans 11 buildings, 4,200 units for Newark stadium site redevelopment

A developer is eyeing a potential spring groundbreaking for an 11-building project that would bring 4,200 residential units and other amenities to the former Newark Bears stadium site.

Landlord inks $18 million loan for tristate retail, office portfolio, Meridian says

The owner of a retail and office portfolio in New Jersey and New York City has secured $18 million in financing for the properties, under a deal arranged by Meridian Capital Group.

Harbor Group, Cammeby’s acquire 5,300 apartments in New Jersey for $1 billion

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.

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Developer, city officials detail additional plans for Newark stadium redevelopment

A developer and Newark city officials are offering new details about a plan to revitalize a former stadium property, including a focus on affordable housing and the use of union labor.

CenterPoint acquires parking-rich Meadowlands industrial property

CenterPoint Properties has added to its New Jersey industrial portfolio with the acquisition of a 7.8-acre property in the Meadowlands.

Meridian touts $277 million refi for apartment, retail portfolio in Morris and Camden counties

A multifamily and retail owner has refinanced four New Jersey properties for more than $275 million, in a series of recent transactions by Meridian Capital Group.