Progress Capital inks $53 million refi for East Orange apartments

The developer of a 180-unit luxury apartment building in East Orange has refinanced the property for $53 million, according to an advisory team with Progress Capital.

Progress sources $76 million loan package for Maryland multifamily deals

A locally based investor has secured $76 million in financing for two multifamily acquisitions outside Baltimore, in a transaction arranged by Progress Capital.

Owner of Clifton office building refinances for $35 million, Progress Capital says

The owner of a 203,000-square-foot office building in Clifton is refinancing for more than $35 million, following efforts to lease up the property after acquiring it in 2018.

Cresa inks off-market sale of four-building Bloomfield office park

Investment firm P3 Properties has sold a four-building office park in Bloomfield, in a newly announced transaction by Cresa’s New Jersey team.

Journal Square apartment building trades for $25 million, Gebroe-Hammer says

An Ohio-based company has added to its New Jersey holdings with its recent purchase of a 94-unit apartment building in Jersey City, in a deal arranged by Gebroe-Hammer Associates.

Progress Capital sources $17.25 million loan for Journal Square apartment deal

The buyer of an apartment and retail building in Jersey City has landed more than $17 million in financing, according to an advisory team with Progress Capital.

Progress Capital inks $15 million loan for Harlem development parcel

A developer has landed $15 million in financing for its acquisition of a parcel in Manhattan’s Harlem neighborhood, according to a debt placement team with Progress Capital.

Progress Capital opens Florida office, names new lead executive in region

Progress Capital has expanded its footprint to Southwest Florida, where it has opened a new office led by a finance and commercial real estate industry veteran.

Jersey City apartment developer lands $30 million construction loan, Progress Capital says

A developer has secured a $30 million construction loan to complete a 99-unit apartment building in Jersey City, in a newly announced transaction by Progress Capital.

Progress inks $14.5 million loan for Bronx housing redevelopment

The developer of an 11-story apartment building in the Bronx has landed more than $14 million in financing for the project, according to an advisory team with Progress Capital.