Progress Capital sources $23 million loan for 1,000-unit self-storage project

A developer has landed a $23 million construction loan for a planned 1,000-unit self-storage facility in Branchburg, in a deal arranged by Progress Capital.

Progress Capital inks $55 million loan for Newark architecture, design school project

A development team has landed nearly $55 million in financing to build out a new design-focused high school at the site of a long-shuttered hospital in Newark.

Single-tenant, 30,000 sq. ft. East Brunswick office building trades for $7.5 million

Cushman & Wakefield has negotiated the sale of a 30,000-square-foot office property in East Brunswick for $7.5 million.

Developer of 629-unit Jersey City rental property lands $160 million perm loan

The developer of more than 600 new apartments in Jersey City’s West Side neighborhood has refinanced the property for $160 million, in a transaction arranged by Progress Capital.

Progress Capital inks $25 million loan for 141-unit Gloucester City rental property

A developer has secured a $25 million permanent loan for a newly built, 141-unit apartment complex in Camden County, in a newly announced deal by Progress Capital.

Progress Capital sources $14 million refi loan for new Journal Square apartments

The owner of a new 79-unit apartment building in Jersey City has refinanced the property for $14 million, according to a debt placement team with Progress Capital.

Montclair apartment building sold after 52 years, fetching $38 million, Gebroe-Hammer says

The owner of a well-known, 133-unit apartment building in Montclair has sold the property after more than five decades, in a $38 million deal arranged by Gebroe-Hammer Associates.

Partnership sells 431,000 sq. ft. Jersey City office building for $300 million

A joint venture has reaped $300 million from its sale of a nearly 432,000-square-foot office building in Jersey City, under a deal announced Monday by Cushman & Wakefield.

Owner of Hoboken apartment, commercial portfolio refis for $14 million

Progress Capital has negotiated $14 million in refinancing for a client’s commercial real estate property portfolio consisting of three mixed-use assets in Hoboken.

Developer secures $17.7 million construction loan for 104-unit Plainfield rental project

A development team has landed a nearly $18 million construction loan for a planned 104-unit apartment building in Plainfield, in a deal arranged by Progress Capital.