Front Section

Mavashev of Alpha Realty leads team in seven sales totaling $10.76 million

Manhattan, NY According to Alpha Realty, the firm brokered seven sales totaling $10.76 million. A team led by principal Lev Mavashev, with associates Yehuda Leser and Jake Brodie…

Outside the Region: Northern Ohio NAIOP honors Vocon with two design awards

Cleveland, OH According to NAIOP Northern Ohio, Vocon received awards for the design of two outstanding projects in 2018. Vocon was honored with the Office Interior Design of the Year award for the redesign of…

2019 NYC Real Estate Expo set for October 24th

Manhattan, NY Organizers of the 2019 NYC Real Estate Expo set for October 24th are advising businesses to act fast to reserve exhibit space at the NY Hilton Midtown.

Outside the Region: Cronheim Mortgage secures $12.125 million bridge loan

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

Outside the Region: Gorjian Acquisitions buys 41,318 s/f Eastside Shopping Center in N.C.

Fayetteville, NC Joel Gorjian, a national real estate investor and president and CEO of Gorjian Acquisitions, has purchased the 41,318 s/f Eastside Shopping Center at 1322 Clinton Rd.

Outside the Region: Sonnenblick-Eichner Co. arranges first mortgage leasehold financing $27 million for the Lahaina Gateway

Maui, HI Sonnenblick-Eichner Co. has arranged $27 million of first mortgage leasehold financing for the Lahaina Gateway, a 136,566 s/f community shopping center. Proceeds of the non-recourse financing allowed the borrower…

Outside the Region: Hunt Real Estate Capital refinances Houston multifamily: $28.3 million

Houston, TX Hunt Real Estate Capital provided a $28.3 million Freddie Mac loan to refinance a multifamily property. The loan is a seven-year, variable rate loan with three-years of

Outside the Region: NEI General Contracting starts four Fla. projects for The Millennia Cos.

Jacksonville, FL NEI General Contracting has started renovations to 768 apartments at four properties on behalf of The Millennia Cos. Renovations could include upgrades to the interiors, exteriors, community buildings and common areas.

Outside the Region: Gilbane Development Co. appoints Resetco as new senior development director

Arlington, VA Gilbane Development Co. has appointed Jeff Resetco as senior development director.  Resetco will enhance Gilbane’s capacity to develop student housing from a national platform in targeted markets, both

Outside the Region: Wilshire Quinn provides $3.625 million rehab loan

San Diego, CA According to Wilshire Quinn Capital, Inc., its private lending fund, the Wilshire Quinn Income Fund, has provided a $3.625 million rehab loan.