Progress Capital sources $23 million loan for 1,000-unit self-storage project

A developer has landed a $23 million construction loan for a planned 1,000-unit self-storage facility in Branchburg, in a deal arranged by Progress Capital.

SJP tops out new Valley headquarters project in Morristown, eyes spring 2023 delivery

Valley National Bank’s new headquarters in Morristown is on track to open next spring after the completion of vertical construction at the downtown site, its developer announced Wednesday.

JLL: Developer of new 30-unit apartment building in Norwood refis for $10 million

JLL has arranged $10 million in refinancing for a recently completed, 30-unit apartment building in the Bergen County borough of Norwood.

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.

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.

J&L lands $94 million construction loan for long-awaited, 403-unit project in Newark

The developer of a 12-story, 403-unit apartment complex in Newark’s Ironbound section has secured $94 million in financing, in a newly announced transaction by Greystone.

KRE, Silverman Group secure $44 million loan for Lehigh Valley rental project

A team of New Jersey developers has secured more than $44 million in financing for a project to build 273 new garden apartments in Pennsylvania’s Lehigh Valley.

Developers break ground on office, retail project to transform piece of downtown Morristown

SJP Properties and Scotto Properties have broken ground on the first of two office and retail buildings in Morristown, the future home of Deloitte LLP, in a project that will transform another piece of the town’s bustling central business district.

Eatontown industrial building fetches $4.25 million, Gramercy Real Estate says

A Brooklyn-based investor has acquired a nearly 44,000-square-foot industrial building in Monmouth County, in a newly announced transaction by Gramercy Real Estate LLC.

Marcus inks $1.43 million sale of Mount Olive bank property

An investor has acquired a 3,250-square foot retail property in Mount Olive, in a newly completed transaction by Marcus & Millichap.