Hampshire snags $62 million construction loan for 270-unit Hackensack rental project

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.

Valley Bank donates $15,000 to Spring Lake Toys Foundation

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.

Longtime commercial real estate banker returns to Valley as first vice president

A veteran New Jersey commercial real estate lender has returned to Valley Bank after beginning his career at the Wayne-based company.

Valley unveils $100 million ESG lending platform, teams with Community Preservation Corp.

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.

Veteran banker Markey joins Valley as senior vice president, head of CRE division

Valley Bank has tapped a longtime lending executive as a new senior vice president and head of its commercial real estate division.

SJP, Scotto break ground on Valley Bank’s new 120,000 sq. ft. headquarters in Morristown

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.

United Way honors Turner’s Romanski alongside Valley Bank lease, Bridge Point 78

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.

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.