Category: Outside The Region
Ariel Property Advisors arranges $14 million refinancing for Chesterfield Village
September 27, 2022
Chesterfield, MI Ariel Property Advisors has arranged a $14 million loan to refinance Chesterfield Village, a 156,960 s/f shopping center. The loan featured a 5.25% interest rate, 25-year amortization schedule and 5+5-year term with no prepayment penalty.
Urban Edge Properties signs David’s Bridal and Wren Kitchens at Wilkes Barre Commons
September 27, 2022
Wilkes Barre, PA Urban Edge Properties signed David’s Bridal for a new 8,108 s/f store at Wilkes Barre Commons. Slated to open later this year, the bridal store is relocating from a nearby mall location and will be adjacent to Marshall’s and Ross. This is Wren Kitchens’ first location in the region, where they have
Wright joins Avison Young as principal and director of land development services
September 27, 2022
Morristown, NJ Avison Young appointed Adam Wright as principal and director, land development services to provide clients with end-to-end development solutions across the northeast region and nationally. His diversified background includes more than 20 years of experience in architecture, entitlements, ground-up development and construction management
Waypoint Residential closes on sale of Luma Headwaters, garden-style community in Orlando
September 27, 2022
Orlando, FL Waypoint Residential closed on the sale of Luma Headwaters, a garden-style apartment community to Houston-based Venterra Realty. The 328 -unit community is located on the I-9 corridor. The property is adjacent to Darden Restaurants headquarters, as well as two of the city’s most prestigious
JLL Capital Markets arranged the loan for Denholtz Properties’ Edgeboro Corporate Center in East B...
September 27, 2022
East Brunswick, NJ JLL Capital Markets arranged a refinancing for Edgeboro Corporate Center, a fully leased, two-building light industrial complex totaling 84,000 s/f. JLL worked on behalf of the borrower, Denholtz Properties, to place the 10-year, fixed-rate loan with a life insurance company.
Colligan of The Largo Group of Companies arranges an $18.13 million acquisition and loan for a flex ...
September 27, 2022
Greensboro, NC Neal Colligan, principal at The Largo Group of Companies, has arranged and $18.13 million acquisition and value-add loan for a flex portfolio. The property location is serviced by major interstates
Axiom Capital arranges $12.5 million loan for refi of 110-room hotel in Titusville, FL
September 27, 2022
Titusville, FL Axiom Capital Corp. has structured and arranged a $12.5 million permanent loan (5-year loan, fixed rate, non-recourse) for the refinance of a 5-story, 110 room hotel
A&G Real Estate Partners marketing 11 property medical office portfolio
September 27, 2022
Various Locations, USA A&G Real Estate Partners is marketing an 11-property medical office portfolio that includes nine properties in northern New Jersey, along with individual assets in Mount Kisco, NY, and Miramar
Edgewood Capital provides $7 million bridge loan to FL investor
September 27, 2022
Kissimmee, FL Edgewood Capital has closed on a $7 million senior bridge loan to help a Florida investor convert a hotel into a multifamily complex of studio apartments. The property was operating as an
Neuman Commercial Group arranges $33.5 million sale of Newark shopping center
September 27, 2022
Newark, DE Neuman Commercial Group, LLC have completed the sale of 145,400 s/f Newark Shopping Center. The sale price was $33.5 million. Built in 1955 and renovated in 2017, the center at 230 E. Main St.
HPP Real Estate and Machine Investment Group Partner on recapitalization of North Hill Apartments in...
September 27, 2022
Virginia Beach, VA New York-based HPP Real Estate, a division of Hill Property Partners LLC (HPP), has closed on the recapitalization of North Hill Apartments, a 148-unit multifamily rental property,
Breslin Realty complete lease with Skechers in Philadelphia, PA
September 27, 2022
Philadelphia, PA Breslin Realty have completed the signing of a long-term lease with Skechers at 330 W Oregon Ave. Skechers will be occupying approximately 10,500 s/f in the Whitman Plaza shopping
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