Category: Outside The Region

Eastern Union secures $20.4 million to refinance conversion of 137-unit hotel into assisted living residence

Eastern Union secures $20.4 million to refinance conversion of 137-unit hotel into assisted living r...

November 12, 2024
Plano, TX Eastern Union has arranged $20.4 million in refinancing toward the conversion of a six-story, 137-unit hotel into an assisted living residential community. Plano is located approximately 20 miles north of Dallas
G.S. Wilcox & Co. sources $25 million across multiple transactions

G.S. Wilcox & Co. sources $25 million across multiple transactions

November 12, 2024
Mount Holly, NJ G.S. Wilcox & Co. has secured $25 million in financing across two New Jersey retail properties. The financings, both arranged by principal David Fryer, consisted of a $13 million loan for a
The CS Organization arranges a $2.6 million refinance and construction loan for a 17-unit multifamily building

The CS Organization arranges a $2.6 million refinance and construction loan for a 17-unit multifamil...

November 12, 2024
Miami, FL The asset involved in the transaction is a multifamily property comprising 8,500 s/f and a total of 17 units. The loan amount for this property is $2.6 million with a loan type categorized as refinance and construction
Clear Investment Group expands Midwest footprint with acquisition of 70-unit portfolio

Clear Investment Group expands Midwest footprint with acquisition of 70-unit portfolio

November 12, 2024
Columbus, OH Clear Investment Group has acquired a 70-unit add on portfolio. With this addition, Clear Investment Group expands their presence in the Midwest market to over 450 units, when combined
Crystal Window & Door Systems supplies fenestration  for Industry Indianapolis; 13-story mixed-use building

Crystal Window & Door Systems supplies fenestration for Industry Indianapolis; 13-story mixed-use b...

October 29, 2024
Indianapolis, IN Crystal Window & Door Systems supplied the new 13-story Industry Indianapolis mixed-use building with a variety of its leading energy-efficient window and door products. Six different Crystal window and door products totaling 1,346 units were specified and installed at the new construction project
City Bay Funding LLC closed a $19.5 million bridge loan for newly built multifamily property

City Bay Funding LLC closed a $19.5 million bridge loan for newly built multifamily property

October 29, 2024
Kannapolis, NC City Bay Funding LLC (“ City Bay Funding ”) announced the closing of a $19.5 million bridge loan for the refinance of a construction loan on a 144 unit multifamily property. The loan is non-recourse
Coscia and Davis of Largo Capital secure $4 million financing of retail property

Coscia and Davis of Largo Capital secure $4 million financing of retail property

October 29, 2024
Orlando, FL Kevin Coscia and Aaron Davis of Largo Capital, Inc. secured cash-out financing for a 45,000 s/f single tenant retail property. The five-year, fixed-rate loan will be amortized for 25 years and features no prepayment penalty
CBL Properties announces Crunch Fitness to open at Hamilton Place

CBL Properties announces Crunch Fitness to open at Hamilton Place

October 29, 2024
Chattanooga, TN According to CBL Properties (NYSE:CBL), Crunch Fitness has opened at Hamilton Place, as one of the final components of the property’s Sears redevelopment project. The redevelopment, which commenced in 2019
Time Equities Inc. acquires Crowley Plaza for $3.425 million

Time Equities Inc. acquires Crowley Plaza for $3.425 million

October 29, 2024
Crowley, LA Time Equities, Inc. (TEI), a New York City-based international full-service real estate firm, have acquired Crowley Plaza, a 27,228 s/f retail strip center located at 725 Odd Fellows Road for $3.425 million
Cronheim Hotel Capital secures $26.4 million for refinance and PIP of Hampton Inn & Suites

Cronheim Hotel Capital secures $26.4 million for refinance and PIP of Hampton Inn & Suites

October 29, 2024
Columbus, OH Cronheim Hotel Capital (CHC) has secured $26.4 million to refinance the existing CMBS debt and capitalize an upcoming PIP on the Hampton Inn & Suites. The fixed-rate, non-recourse loan
Standard Communities acquires $1 billion portfolio of affordable housing

Standard Communities acquires $1 billion portfolio of affordable housing

October 29, 2024
Los Angeles, CA Standard Communities, a major national affordable housing developer and investor, has acquired a 100% affordable housing portfolio valued at over $1 billion consisting of over 6,000 apartment homes
Slatt provides acquisition financing for 60-acre industrial site

Slatt provides acquisition financing for 60-acre industrial site

October 15, 2024
Ontario, CA Slatt Capital, Inc., a commercial mortgage banking firm, has successfully arranged acquisition financing for a 60-acre industrial plot. This deal marks the inaugural financing executed by Slatt with one of its
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