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EDGEWATER, NJ—Mark Scott's Commercial Mortgage Capital has closed a $20 million senior secured construction loan for Phase 2 of the highly successfully Pearl condominium in Edgewater, NJ. CMC also previously arranged a $35-million Phase 1 loan for the project, which is now over 50% sold.
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May 21, 2026
HSBC flags risks across asset classes while CRE braces for prolonged rate pressure.
May 21, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!
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Economists warn that sustained Treasury yields and weak NOI growth would drive further repricing.