National News

Kasowitz gets dismissal of lawsuit against developer of American Dream Mall

East Rutherford, NJ Kasowitz, on behalf of the developer of the American Dream mall and its affiliates (the American Dream defendants), has secured the dismissal of state litigation brought by the project’s successor junior

BLDG Management and Metrovest Equities acquire Lake Tahoe beachfront hotel in expansion of Gurney’s Resorts portfolio

South Lake Tahoe, CA BLDG Management and Metrovest Equities have acquired the Beach Retreat & Lodge, a four-season, destination hotel, as part of an expansion strategy for the Gurney’s Resorts brand. Gurney’s Lake Tahoe is expected to

X Caliber closes $285 million financing for $495 million resort development in Missouri

Osage Beach, MO X-Caliber Capital Holdings LLC, (X-Caliber), a national, direct commercial real estate lender focused on impact lending, today announced the closing of a $285 million Rural PACE-X financing

Blanton of Largo Capital arranges $12.5 million in financing

Wilmington, DE Ben Blanton of Largo Capital, Inc. successfully arranged $12.5 million in permanent financing for two flagged hotels totaling 149 keys combined. The 5-year, fixed-rate loan, funded through a national balance

Charter Realty drives 67,000+ s/f of retail leasing activity at Southend Hoboken

Hoboken, NJ Charter Realty is driving significant leasing momentum at Southend Hoboken (38 Jackson Street), a new, distinctive mixed-use development. The project combines 110 residential condominium homes, known as Southend Lofts, 50,000 s/f of commercial

Invel Capital completes the acquisition of a multifamily community

West Orange, NJ Invel Capital is pleased to announce that it has completed the acquisition of 555 Northfield Avenue, a transit-oriented class-A multifamily community comprising 70 spacious residential units and two commercial

GFI Realty Services arranges $96 million refinance loan for University City multifamily asset

Philadelphia, PA GFI Realty Services announced the closing of a $96 million refinance loan for 4701 Pine Street, a multifamily development located in University City. The financing was arranged by Daniel Lerer

Bradford Allen’s Ben Azulay elected to TCN Worldwide Board of Directors

Chicago, IL Bradford Allen, a national full-service real estate firm, today announced Ben Azulay, president of brokerage services, has been elected to the Board of Directors of TCN Worldwide Real Estate Services, a consortium of independent

Madore of Largo Capital arranges $5 million refinancing

Paris, TX Patrick Madore of Largo Capital, Inc. arranged a $5 million permanent first mortgage to refinance the existing debt secured by two single-tenant retail CVS properties located in Paris, TX

Ross of Largo Capital arranges $24.5 million refinance loan

Toronto, ON Kevin Ross of Largo Capital Limited, arranged a $24.5 million loan to refinance the existing debt on a strategically located industrial property in Toronto’s west end. The property is a total of 130,000