Press Release: SKG Capital Secures Dual Agency Refinancings for East Orange Portfolio

June 15, 2026

Transactions Deliver More Than $9 Million in Agency Financing
While Strengthening Long-Term Capital Positions at Two East Orange Assets



EAST ORANGE, N.J. — June 15, 2026 — SKG Capital, a vertically integrated multifamily real estate investment and operating company focused on the Greater New York City market, has completed two agency refinancings across its East Orange multifamily portfolio, securing more than $9 million in new financing.

The transactions involved 110 Halsted Street and 209 William Street, two transit-oriented multifamily assets that have benefited from strong operating performance and steady demand. Together, the refinancings enhance the firm's capital position while providing long-term financing stability across both properties.

SKG replaced the existing debt at each asset with larger agency loan facilities tailored to the properties' performance and operating profiles. The attractive financing structures support property performance and long-term flexibility.

"We're pleased with the outcome of both transactions," said Sanjay Garg, Founder and Managing Principal of SKG Capital. "These properties have performed well, and the new financing gives us additional flexibility while ensuring long-term stability for the assets. East Orange continues to be an important market for us, and we remain focused on creating value through active management, disciplined execution and thoughtful capital allocation."

The closings come as multifamily owners across the region continue to work through a higher-rate environment, with many looking for ways to improve their capital structures. For properties with strong occupancy and steady rent performance, agency financing remains one of the more reliable sources of debt, giving owners a path to refinance existing loans, access equity created at the asset level and preserve flexibility for future investments. 

That favorable capital markets activity is tied to the appeal of transit-oriented New Jersey multifamily. Investors are looking beyond New York City for stable rental assets that still give residents a direct connection to Manhattan, and East Orange is an example of this. With relative affordability, NJ Transit access and proximity to the city, well-located apartment communities in the market are functioning as part of the broader New York housing ecosystem.


About SKG Capital

SKG Capital is a privately owned, vertically integrated real estate investment and operating company focused on acquiring, improving and managing multifamily assets throughout the Greater New York City area. Since 2011, the firm has expanded from an initial $5 million portfolio to more than $100 million in assets under management through disciplined, long-term investment. SKG Capital oversees acquisitions, asset management, leasing and property management through its integrated platform, with a focus on creating long-term value through operational excellence and strategic capital deployment. For more information, visit www.skg-capital.com.

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