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Outside the Region: Cronheim Mortgage secures $12.125 million bridge loan for retail/self-storage facility; Dealpoint Merrill is developer

Detroit, MI Cronheim Mortgage secured a bridge loan for a self-storage facility in Michigan which is to be fully renovated. The subject is a shopping center with a vacant Kroger grocery store and a

Brookhaven IDA awarded certificate of excellence for web design by NYSEDC

Farmingville, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the IDA was awarded a “Certificate of Excellence” for

Hub International Northeast names Sullivan as construction specialty practice leader

New York, NY According to Hub International Northeast Limited (Hub Northeast), a subsidiary of Hub Int’l. Limited, Mark Sullivan, ARM, CPCU, CRIS, has been promoted to construction

Outside the Region: Community Development Trust/Southport Financial Services JV acquire LIHTC properties: 484 units

Lemoore, CA The Community Development Trust (CDT) has entered into a new $37 million joint venture with Southport Financial Services Inc. to purchase and improve five apartment complexes in

Equinox and Industrious to offer workspaces in co-owned fitness clubs

Manhattan, NY Equinox has partnered with Industrious to offer workspaces co-located with its fitness club locations. Operating under the co-brand Industrious at Equinox, the first location will be at 35 Hudson Yards.

RE/MAX celebrates opening of Tuckahoe office

Tuckahoe, NY RE/MAX Distinguished Homes & Properties recently opened at 273 Columbus Ave., with a ribbon cutting ceremony, open house and community celebration. Broker/owners Eric Stein and Albert Posillico moved to

Outside the Region: Gateway Development Consortium unveils plan for Cross Bayou Point

Shreveport, LA Gateway Development Consortium, (GDC), has unveiled the virtual design for Cross Bayou Point, it’s proposed $1.5 billion downtown waterfront development.

Goldschmidt & Associates co-brokers $4.778 million sale with Bailey of Stan Johnson Co.

Newburgh, NY According to Eric Goldschmidt, senior partner of Goldschmidt & Associates, they have co-brokered a $4.778 million sale with David Bailey of Stan Johnson Co.

Durst Org. completes 32,512 s/f lease expansion at One Five One; NKF acts for tenant, Nasdaq

Manhattan, NY According to the Durst Org., Nasdaq, Inc. signed a 15-year lease for 32,512 s/f on the 28th floor of One Five One West 42nd St. The deal brings

Outside the Region: Standard Communities recognized for work at Fort Chaplin Park Apts.

Washington, DC Standard Communities’ work at Fort Chaplin Park Apartments, a 549-unit affordable housing property, was recognized with the 2019 Charles Edson Tax Credit Excellence Award in the Preservation Category by the Affordable Housing Tax Credit Coalition in a