JLL sources $12 million refinancing of Port Newark industrial complex

JLL has arranged a $12 million facility loan for Port Newark Junction, a six-building, 154,149-square-foot industrial complex in Newark.

Developer lands $48 million loan package for next phase of Elmwood Park project, JLL says

The developer of a two-building, 240-unit luxury apartment complex in Elmwood Park has secured $48 million in financing, according to a debt placement team with JLL.

Kokes inks $19 million construction loan for Riverside rental project

Kokes Properties has secured more than $19 million in financing for the first phase of a 190-unit residential project in the Burlington County township of Riverside.

Provident Bank leases 84,000 sq. ft. for new Woodbridge office locations, C&W says

Provident Bank has signed two leases for a combined 84,000 square feet in Woodbridge, the home of its headquarters and a planned operations center.

Newmark: With demand weakened by pandemic, New Jersey office market stumbles into 2021

Vacancy in the northern New Jersey office market grew for four straight quarters in 2020, even as a handful of industries showed the ability to withstand the effects of pandemic.

Design, construction firm touts start of 50,000 sq. ft. logistics hub in Piscataway

A design and construction firm has broken ground on a new industrial project in Piscataway, the future home of a locally based transportation and logistics company.

KRE Group, Russo secure $71 million loan for 345-unit rental project in Morris County

Kushner Real Estate Group and Russo Development have broken ground on 345 luxury apartments in Morris County, having secured a $71 million construction loan for the project.

JLL: Developer lands permanent financing for new Union rental project

The developer of an 80-unit luxury apartment building in Union has secured permanent financing for the property, in a transaction arranged by JLL.

Maplewood rental project inks construction financing, JLL says

A developer has secured construction financing for a project that will bring new apartments and commercial space to downtown Maplewood, in a newly announced transaction by JLL.

Sierotko promoted to EVP, chief lending officer at Provident

Provident Bank has promoted its top commercial real estate lender to executive vice president, chief lending officer.