Progress inks $16 million construction loan for Bronx project

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 inks $13.5 million in financing for Queens rental project

Progress Capital has arranged $13.5 million in financing for a redevelopment project in New York City’s Rockaway Park neighborhood.

Journal Square apartment buildings fetch $10 million, Gebroe-Hammer says

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 opens new 130,000 sq. ft. delivery station in Mount Olive

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.

Progress inks $22 million loan for Brooklyn housing developers

A development team has secured a $22 million loan for a newly expanded residential project in Brooklyn, in a transaction arranged by Progress Capital.

Woodbridge, Rahway apartment owner sells 87 units for $25.5 million

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.

Progress Capital inks $50 million construction loan for charter school project

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.

Progress Capital: Lyndhurst self-storage project gets $14.5 million construction loan

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.

Jersey City developer lands $120 million in debt, equity for 631-unit project, Progress Capital says

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.

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.