Category: Outside The Region
Cronheim secures $6 million permanent financing for 74-unit mid-rise apartment building
March 12, 2024
Hackensack, NJ Cronheim Mortgage has arranged $6 million of long-term financing for the Grand Imperial Apartments, a 74-unit mid-rise apartment building. Andrew Stewart, Dev Morris, and Allison Villamagna placed the loan with Farm Bureau Life Insurance Company
Silber Investment Properties opens
new office in La Jolla
March 12, 2024
La Jolla, CA Silber Investment Properties (SIP), a Long Island-based commercial real estate brokerage firm, has expanded with the opening of their newest office. The brokerage firm’s new West Coast base of operations, located at 875 Prospect St.
JLL has arranged the sale of three seniors housing communities
March 12, 2024
Wildwood, MO JLL Capital Markets has arranged the sale of three seniors housing communities across the St. Louis and Kansas City MSA’s. The communities are located in Wildwood, MO, Town & Country, MO and the Burlington Creek area of Kansas City, MO, and were acquired as a three-property portfolio by a venture
BDP Holdings LLC and JLL to build 130,000 s/f office development
March 12, 2024
Montclair, NJ BDP Holdings LLC, a New Jersey based real estate investment company specializing in the acquisition, development and repositioning of real estate, and JLL have launched The Iris, a new, ground-up 130,000 s/f office
Capstone closes the off-market sale of 1690 Swadley St., 3,600 s/f multifamily property for $1.375m
March 12, 2024
Applewood, CO Capstone has closed the off-market sale of 1690 Swadley St., a 3,600 s/f multifamily property for the sale price of $1.375 million ($171,875/Unit). Sam Bretz of Capstone represented the seller and Benton Adams of Capstone represented the buyer
Standard Communities developing ground up 100% affordable 240-unit community
March 12, 2024
Woodbridge, VA Standard Communities, a leading national multifamily housing investor and developer, is developing a ground up 240-unit 100% affordable community. The Prince William County project, Jefferson Plaza Apartments
Cronheim Hotel Capital secures $11 million to refinance the Courtyard at Houston Intercontinental Ai...
March 12, 2024
Cronheim Hotel Capital (“CHC”) secured an $11 million loan for affiliates of Concord Hospitality in order to refinance the existing note on the 127-room Courtyard located at Houston Intercontinental Airport
IIBEC 2024–2025 board of directors
March 12, 2024
Phoenix, AZ The International Institute of Building Enclosure Consultants (IIBEC) have revealed its recent board and officer elections. IIBEC president Amy Peevey, RRO, REWC, PE, CDT, passed the president’s gavel to new IIBEC
Marcus & Millichap’s IPA Capital Markets Division expands into Canada
March 12, 2024
Toronto, ON According to IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), Jeff Wagner joins as senior managing director, capital markets in Toronto. Wagner has over 20 years of commercial real estate experience
West Shore acquires Cirrus at Aqua in Bradenton
March 12, 2024
Bradenton, FL West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets throughout the southeastern
Fisher Brothers and Suffolk celebrate the topping off of Wynhouse Miami
March 12, 2024
Miami, FL Fisher Brothers, a fourth-generation real estate company that owns, manages and operates unique spaces across the country, celebrate the topping off of Wynhouse Miami, a mixed-use multifamily development. This construction
Red Oak Capital Holdings provides $4 million for midwest multifamily makeover
March 12, 2024
Indianapolis, IN Red Oak Capital Holdings, LLC has provided a $4-million bridge loan for the Bon Air Apartments, a multifamily complex. The funds will be used to pay off an existing loan and complete the renovation of the Marion County property
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