STRO, Valley Bank close $10.8 million loan for Passaic County industrial buildings

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.

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.

Valley Bank, CSG each take nearly 120,000 sq. ft. as office leasing rebounds, Newmark says

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.

Trammell Crow plans 93-unit senior living facility in Fair Lawn

Trammell Crow Co. and its joint venture partner, Chelsea Senior Living, have revealed plans to develop a three-story, 93-unit senior living facility in Fair Lawn.

Bedrin, March Associates break ground on Hawthorne project with apartments, self-storage

A joint venture has broken ground on a long-awaited project that will bring new apartments, a self-storage facility and a national fitness chain to the Passaic County borough of Hawthorne.

Saxum lands $47 million loan for Philadelphia rental project, JLL says

Saxum Real Estate has secured nearly $47 million in financing for a 297-unit multifamily project in Philadelphia, according to a Morristown-based debt placement team with JLL.