The developer of a 450-unit luxury apartment property in Willingboro has landed more than $21 million in financing, in a transaction arranged by Meridian Capital Group.
Brokers with Meridian Capital Group are seeking a buyer for a development site in downtown Newark, one that is fully approved for nearly 600 high-end apartments across two towers.
The developer of a newly built, 117-unit apartment building in Somerville has refinanced for $27.5 million, under a newly announced transaction by Meridian Capital Group.
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.
A developer has secured nearly $260 million in financing for multifamily projects in Bayonne, Linden and Raritan, following a transaction arranged by Meridian Capital Group.
Kushner Real Estate Group and National Real Estate Advisors have landed $210 million in permanent financing for the first phase of Journal Squared, a sprawling redevelopment in Jersey City that will bring three new towers with more than 1,800 apartments.
A development group is set to break ground on 84 new apartments just north of downtown Newark, a project that will revitalize a busy corner just off Interstate 280.
Meridian Capital Group has arranged a $46 million loan for a client to refinance a recently renovated, 224-unit apartment property in Somerset County.
Aside from a handful of top players who dominate the business, there is a noticeable lack of commercial mortgage brokers and mortgage banking firms that are based here in the Garden State. How can that be, in a state that has billions of dollars in mortgages to originate and billions more to refinance?