Real Estate NJ’s 2020 Market Forecast

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.

Progress Realty acquires 219,000 sq. ft. North Carolina retail center

An affiliate of Tinton Falls-based Progress Capital has added to its out-of-state portfolio, acquiring a 219,000-square-foot shopping center in North Carolina.

Progress sources $85 million loan for Bronx historic rehab project

The owners of a refurbished historic warehouse building in the Bronx have refinanced the property for $85 million, under a newly announced transaction by Progress Capital.

Progress inks $130 million mortgage for Manhattan cancer center project

The developers of a new Memorial Sloan Kettering facility in Manhattan have landed $130 million in financing, under a newly announced transaction by Progress Capital.

Progress inks $16 million acquisition loan for student housing portfolio

Progress Capital has arranged $16 million in financing for a client to acquire a 219-bed, multisite student housing portfolio near Pennsylvania’s Lehigh University.

South Jersey shopping center owner refinances for $22 million, Progress says

The owner of a 176,000-square-foot shopping center in Camden County has refinanced the property for more than $22 million, under a new transaction by Progress Capital.

Progress Capital inks $23.4 million refi at 96-unit building in Union City

The developer of a new 96-unit apartment building in Union City has landed more than $23 million in permanent financing, in a transaction arranged by Progress Capital.

Progress inks $34 million loan for Newark office building

The owners of a 200,000-square-foot office building in downtown Newark have secured $34 million in financing, under a newly announced transaction by Progress Capital.

Rental portfolio in Hudson, Bergen fetches $75 million

A private investor has acquired an 18-building, 487-unit multifamily portfolio in Hudson and Bergen counties, under a $75 million deal arranged by Gebroe-Hammer Associates.

Progress inks $21 million refi loan for Jersey City multifamily owner

The owner of 11 multifamily buildings in Jersey City has obtained a $21 million loan to refinance the portfolio, in a transaction arranged by Progress Capital.