One Wall Partners acquires 159-unit rental complex in Rahway

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.

Developer lands $258 million loan package for 1,161 units in three towns

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.

KRE Group, National close on $210 million loan for Journal Squared

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.

Construction set to begin for 84-unit rental project in Newark

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.

Raritan rental property refinances for $46 million

Meridian Capital Group has arranged a $46 million loan for a client to refinance a recently renovated, 224-unit apartment property in Somerset County.

From the publisher: The strength of a few, a missed opportunity for many

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?

Owner of 135-unit Hackensack rental complex refis for $19 million, Meridian says

Meridian Capital Group has arranged a $19 million loan for a multifamily owner to refinance a 135-unit property in Hackensack.

Roselle apartment building fetches $5.3 million, Kislak says

A 35-unit apartment building in Roselle has changed hands for $5.3 million, following an investment sale brokered by The Kislak Co. Inc.

Kislak inks $8.5 million multifamily sale in Jamesburg

An area landlord has sold the last piece of its portfolio, a 68-unit apartment complex in Jamesburg that is now slated for renovations under its new owner.

Developer secures $15 million loan for Somerville rental project, Meridian says

Meridian Capital Group has brokered $15 million in financing for the development of a new 60-unit luxury rental property in downtown Somerville.