Outside the Region: Hamilton Zanze acquires Abbotts Run Apartments

Alexandria, VA Hamilton Zanze (HZ) has acquired the Abbotts Run apartment community. The purchase closed on August 29^th and property management responsibilities have been transferred to Mission Rock Residential.

Outside the Region: TerraCap Management acquires Denver Corporate Center II & III

Denver, CO TerraCap Management LLC has acquired Denver Corporate Center II & III for $71.71 million. The acquisition consists of two 11-story office buildings and totals 381,466 rentable s/f.

Outside the Region: Hylan relocates HQ to N.J. Bell Works Building

Holmdel, NJ Hylan, a market leading provider of specialized communications engineering and construction services, has moved its headquarters to the revitalized  Bell Works Complex at 101 Crawfords Corner Rd.

Haggerty of Hudson Gateway Association of Realtors leads discussion on regional MLS for New York

White Plains, NY Inaccurate data is the major driver of financial and time drains for residential real estate professionals, according to Richard Haggerty, CEO of the Hudson Gateway Association of Realtors, Inc.

Outside the Region: Fryer of G.S. Wilcox & Co. secures $12 million for new ShopRite supermarket

Sparta, NJ According to G.S. Wilcox & Co., principal David Fryer has secured $12 million in financing for a new ShopRite supermarket  that will open in October. The financing was provided for the 80,000 s/f ShopRite and

Gamba of Against The Current and Ellipsis hosts State of Alternative Real Estate Financing discussion

New York, NY Against The Current and Ellipsis, LLC CEO and founder, Karen Gamba, hosted a discussion focused on the State of Alternative Real Estate Financing drawing thought-leaders from across the industry to

Syracuse Securities acquired by Premium Mortgage

Syracuse, NY Syracuse Securities, Inc., founded in 1963 by the Smith family, is completing a 44-year run as a leading mortgage lender in the state. The Smith family made the decision to wind down the

Outside the Region: JLJ Capital provides $45.5 million in financing to Sovereign Properties

Allen, TX JLJ Capital has partnered with BridgeInvest to provide a senior loan of $45.5 million to Sovereign Properties develop Dolce Twin Creeks, Phase II, a 366-unit multifamily project on 10+ acres in the Dallas suburb.

Outside the Region: Arbor Realty Trust funds three Fannie Mae Small Loans totaling $7 million

Little Rock, AR Arbor Realty Trust, Inc. funded three loans totaling $7 million under the Fannie Mae Small Loans program. Sam Schwass of Arbor’s New York City office originated the loans.

Outside the Region: IPA closes $58.5 million sale of Phoenix class A multifamily – 304 units

Phoenix, AZ Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Remington Ranch, a 304-unit multifamily asset. The transaction closed at $58.5 million, or $192,434 per unit.