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.

Progress: Buyer inks $44 million loan for 175-unit multifamily deal in Bergen, Essex

A multifamily buyer has landed more than $44 million in financing for its purchase of a combined 175 units in Bergen and Essex counties, according to Progress Capital.

JLL, Progress Capital source $114 million loan for Newark office, parking portfolio

A joint venture has landed a nearly $114 million loan to purchase and reposition two office buildings and a parking garage in downtown Newark, according to a debt advisory team.

Kearny apartment complex fetches $36 million amid town’s ongoing revival

A longtime apartment owner in Kearny has reaped more than $36 million from its recent sale of a seven-building, 171-unit complex in the town, according to Gebroe-Hammer Associates.

Progress inks $27 million acquisition loan for Kearny apartment deal

The buyer of a six-building, 171-unit apartment complex in Kearny has secured $27 million in financing, in a newly announced transaction by Progress Capital.

Sussex County apartment owner refis for $31 million, Progress says

The longtime owner of a 240-unit apartment complex in Sussex County has refinanced for more than $31 million, according to a debt placement team with Progress Capital.

Jersey City: 134-unit rental portfolio trades for $21 million, Gebroe-Hammer says

A six-property, 134-unit apartment portfolio in Jersey City has changed hands for more than $21 million, in a newly announced transaction by Gebroe-Hammer Associates.

Progress inks $20 million construction loan for new luxury rentals in East Orange

The developer of a new 119-unit luxury apartment building in East Orange has landed nearly $20 million in financing, according to a debt advisory team with Progress Capital.

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.