An affiliate of The Hampshire Cos. has landed a $62 million construction loan for a 270-unit apartment building in downtown Hackensack, in a newly announced deal by Northmarq.
The Spring Lake Toys Foundation, a nonprofit that supports families of children with rare illnesses, is celebrating a new $15,000 donation from Valley Bank.
Valley National Bank has announced a new partnership to fund up to $100 million in permanent loans to help builders meet various environmental, social and governance standards.
Construction is underway on Valley Bank’s future headquarters in Morristown, where it will lease 120,000 square feet of new office space built by SJP Properties and Scotto Properties.
The United Way of Northern New Jersey hosted its first in-person Commercial Real Estate Network Legacy Event since 2019, drawing a crowd of 400 while raising more than $365,000 in support of asset-limited, income-constrained, employed individuals.
The STRO Cos. has secured a nearly $11 million loan to acquire a Passaic County industrial building and refinance another, the Ridgewood-based firm announced.
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.
Office leasing in northern New Jersey hit a two-year high at the end of 2021, thanks in part to large-scale deals by prominent banking and law firm tenants in the state.
