Category: Outside The Region
Axiom arranges $3 million refinance of Missouri retail building
April 25, 2023
Farmington, MO Axiom Capital Corp. has structured and arranged a $3 million permanent loan (5 year, fixed rate, non-recourse) for the refinance of a freestanding retail building. The property was built in 2016 and contains a 51,373 s/f single tenant building with 162 surface parking spaces situated on 3.90
Cronheim secures long-term financing for Florida office & retail properties
April 25, 2023
Cronheim Mortgage has secured permanent financing for two Florida properties, the Parkway Professional Building, a 42k+ SF office property, and the Tri City Center, a 90k+ SF retail property. Andrew Stewart, Dev Morris, and Allison Villamagna placed the financing with StanCorp Mortgage Investors
The M&T Charitable Foundation announce $3.8 million in grants
April 25, 2023
The M&T Charitable Foundation, the philanthropic arm of M&T Bank, announced Amplify Fund grant recipients for New York City and nearby regions, totaling $3.8 million committed to 31 non-profit organizations focused on community organizing, environmental, and financial empowerment initiatives
IIBEC announces first class of CBECxP certifications
April 25, 2023
Dallas, TX The International Institute of Building Enclosure Consultants (IIBEC) announced its first class of CBECxP certification holders. The group of 15 individuals who had earlier applied for IIBEC’s new credential
Cronheim arranges $12 million for 180-unit garden style apartment community in Morristown, NJ
April 25, 2023
Morristown, NJ Cronheim Mortgage has secured $12 million in permanent financing for Lindsley Arms Apartments, a 180-unit garden-style apartment community. Andrew Stewart, Dev Morris,
Colligan of Largo Capital arranges $15 million loan to refinance multifamily property
April 25, 2023
Norristown, PA Neal Colligan, Principal at Largo Capital, arranged a $15 million loan to refinance a 328-unit multifamily property.
Axiom Capital funds specialty grocer in Lewisville, TX
April 25, 2023
Lewisville, TX Axiom Capital Corp. has structured and arranged a $6,392,000 permanent loan (2 year with 1 year extension option, fixed rate) for the acquisition of a single tenant specialty grocer
Lionheart Strategic Management, Citigroup and Bank of Montreal provide $375 million in funding for a...
April 11, 2023
Jersey City, NJ Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, has provided $150 million in financing on behalf of an institutional investor to 601W Companies for its acquisition, renovation, and lease-up, of
Ross of Largo Capital secures $5.35 million for refinancing
April 11, 2023
Memphis, TN Kevin Ross, managing director at Largo Capital, secured $5.35 million for the refinance of an industrial portfolio. The portfolio was financed in partnership with one of Largo's correspondent
Perlman of Largo Capital arranges $4.35 million for acquisition of self-storage facility
April 11, 2023
Hattiesburg, MS Ned Perlman, vice president of Originations at Largo Capital, arranged $4.35 million for the acquisition of a self-storage facility. The subject property consists of 45,425 net rentable s/f across 353 units including 321 climate-controlled units and 32 non-climate-controlled units. Perlman
Crystal Window Dallas sales and distribution branch office open for business
April 11, 2023
Dallas, TX The new sales and distribution branch office of national manufacturer Crystal Window & Door Systems is now open for business. Located near major highways at 454 West Mockingbird Ln., the new facility is open from 8:00 a.m. to 5:00 p.m. Monday through Friday.
X-Caliber Rural Capital closes $56 million bridge transaction for a Hardee Fresh vertical farm
March 28, 2023
Americus, GA X-Caliber Rural Capital, an affiliate of X-Caliber Holdings and a U.S. Department of Agriculture (USDA)-licensed lender for rural business and economic development projects, announced the closing of a
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