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SJP Properties and PGIM Complete Repositioning of 470 Park Avenue South with Opening of New Outdoor Roof Terrace
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SJP Properties and PGIM Real Estate have completed the outdoor roof terrace at 470 Park Avenue South, signifying the culmination of the boutique office
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Newmark Arranges $150 Million Financing of 295 Fifth Avenue in Manhattan
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Newmark announces that the firm has arranged a $150 million loan for financing 295 Fifth Avenue on behalf of Tribeca Investment Group, Meadow
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A Joint Venture Between Russo Development and PGIM Real Estate Closes on Former TD Bank Office in Mahwah
05
Russo Development and PGIM have responded to a logistics and distribution industry that is demanding more locations in New Jersey with plans to build a
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$87.1M financing arranged for New Jersey multi-housing community
04
 JLL Capital Markets announced today that it has arranged the $87.1 million financing of Valley and Bloom, a two-building, 258-unit, mixed-use multi-housing
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CT Realty to Develop 1.7-Million-Square-Foot Garden State Logistics Park in Pennsville, NJ
05
 CT Realty, in joint venture with PGIM Real Estate, the real estate investment and financing business of PGIM, the $1.5 trillion global asset management
Deals & Dealmakers
PGIM Real Estate global transactions rose 43% in 2021, driven by US logistics, affordable and senior housing, ESG
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PGIM Real Estate completed a record $42.7 billion in transactions globally in 2021, up 43% from the prior year — including $35 billion in transactions in the U.
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100-unit luxury NJ rental building trades
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Skylight Real Estate Partners, a privately held real estate investment firm, has acquired Infinity Edgewater, a 100-unit mixed-use property in Edgewater, New Jersey.
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Logistics giant inks 480,000 s/f NJ warehouse lease
05
CBRE announced that the first two properties within the Linden Logistics Center industrial complex are completed, and the first major lease has been signed.
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Online fashion distribution giant leases 600,000 s/f in Jersey
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With the pandemic driving demand for online fashion, Italy-based logistics giant OMLog has leased a 607,279 s/f facility in Phillipsburg, NJ.
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Invesco secures $99M loan for CA life science venture
06
Newmark, as an exclusive advisor to Invesco Advisers, Inc., has arranged $99.235 million in financing to acquire and convert a newly developed 335,000
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PGIM funds $332M loan as AXA grows US industrial footprint
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PGIM Real Estate has provided a $332 million senior loan facility to a partnership between clients of AXA Investment Managers – Real Assets and Cabot
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Bronx investor refinances trio of properties with $25M loan
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Black Bear Capital Partners (BBCP) has arranged $25.5 million in permanent financing on behalf of a private investor for the refinance of three multi-family