DeVinney of NorthMarq arranges $3.5 million mortgage refinance

Scott DeVinney, vice president of NorthMarq's Rochester regional office, arranged first mortgage refinancing of $3.5 million for Edgetowne Sq., a 53,420 s/f, multiple-story, suburban office building located at 1005 Beaver Grade Rd. Centria is a major tenant at the site. Financing was based on a 15-year term and a 15-year amortization schedule and was arranged for the borrower, Edgetowne Partners, through NorthMarq's relationship with a correspondent life company lender. "This property is located in a growing office market located near Pittsburgh's airport," DeVinney said.

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AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

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Project REAP honored by ICSC for leadership and impact in Commercial Real Estate

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Columns and Thought Leadership

Strategic pause - by Shallini Mehra and Chirag Doshi

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Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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