Outside the Region: GIP closes two UPREIT deals valued at $18.9 million

Norfolk, VA According to Generation Income Properties, Inc., (GIP) two UPREIT transactions were closed on September 30^th, which included two buildings totaling 106,621 s/f of office space with a total value of $18.9 million.

Yankelovich of GFI Realty Services acts for buyer and seller in $2.8 million sale

Brooklyn, NY GFI Realty Services, LLC handled the $2.8 million sale of 1807 Avenue P, a mixed-use building located in the Midwood neighborhood. The 5,600 s/f building is composed of two apartments and a medical office.

Outside the Region: Cronheim secures $9m permanent financing for Kansas self-storage property

Kansas City, KS Cronheim Mortgage secured a $9 million permanent loan for a self-storage facility which was recently renovated. The property was rapidly leasing up but had not quite reached stabilization and American

Outside the Region: Experience One Homes and Kalikow Grp. begin Lightbridge Academy

Apex, NC Sweetwater Town Center, a joint project between The Kalikow Group and Experience One Homes, broke ground for a new Lightbridge Academy Child Care Center, one of the first buildings to be constructed in the multi-use complex.

Outside the Region: Dresdner Robin provides laser-scanning tech. for Whole Foods project

Jersey City, NJ Dresdner Robin has provided expert services on the future home of the city’s first Whole Foods Market. The firm coordinated local and state approvals, including site plan approval from the city

Outside the Region: Panorama Tower wins award, DeSimone Consulting served as structural engineer

Miami, FL Panorama Tower, a mixed-use development located downtown, has won a 2019 Structures Award from South Florida Business Journal for innovative design and positive impact on the surrounding community. As

Stein of Joshua Stein PLLC, and Fries of Sidley Austin LLP speak at MBA lunch

New York, NY Joshua Stein, the sole principal of Joshua Stein PLLC, and Richard Fries, a senior real estate partner at Sidley Austin LLP, address questioners at a lunch program on loan workouts in the commercial

O’Toole launches law firm: The Law Office of Eileen O’Toole

strong>New York, NY Eileen O’Toole has opened The Law Office of Eileen O’Toole. O’Toole’s practice focuses on counseling owners, lenders and prospective purchasers of residential properties on rent regulatory and

Arch Cos. acquires Brooklyn development site for $2.85 million; financing provided by Tideway Capital Group

Brooklyn, NY Arch Companies has acquired 550 Metropolitan Ave., the site of a future six-story residential building with ground floor retail in the Williamsburg neighborhood.  The acquisition price was $2.85 million.

Outside the Region: Bascom Northwest Ventures acquires 260-unit Denver property for $90.5 million

Denver, CO Bascom Northwest Ventures, LLC has acquired 1000 South Broadway Apartments, a 260-unit class-A infill apartment community. The $90.5 million acquisition ($348,076/unit) closed on October 18^th, 2019.  Terry Daly of