The developer of a 53-unit, mixed-income residential project in the Bronx has secured a $16 million construction loan, in a transaction arranged by Progress Capital.
Progress Capital has arranged $13.5 million in financing for a redevelopment project in New York City’s Rockaway Park neighborhood.
The longtime owner of two Jersey City apartment buildings has sold the 57-unit portfolio for nearly $10 million, in a newly announced transaction by Gebroe-Hammer Associates.
Amazon is touting the opening of a new 130,000-square-foot delivery station in Mount Olive, one of 14 newly announced facilities that it will occupy in New Jersey.
A development team has secured a $22 million loan for a newly expanded residential project in Brooklyn, in a transaction arranged by Progress Capital.
A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.
An investment group has secured a $50 million loan to convert a historic Bronx warehouse to a new charter school, under a newly announced transaction by Progress Capital.
The developer of a new self-storage facility in Lyndhurst has landed a $14.5 million construction loan for the project, under a transaction arranged by Progress Capital.
The developer of a 631-unit apartment building in Jersey City has secured $84 million in construction financing and $36 million in equity, Progress Capital announced Friday.
A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.