National News

NAI DiLeo-Bram & Co. signs three new vein center office leases

Woodbridge, NJ Two separate vein centers have leased more than 11,200 s/f of office space across three separate buildings in New Jersey’s Mercer, Morris and Middlesex counties under a series of recent lease agreements arranged by NAI

Reynolds Asset Management acquires two multi-family properties in Texarkana with joint venture

Texarkana, TX Continuing its growth in the Sun Belt, New Jersey-based Reynolds Asset Management (Reynolds) acquired two multi-family properties. The 360-unit acquisition, totaling $23 million, is a joint venture with Jeff Juster’s Newport

Cleeman sells Park Plaza Shopping Center for $10.3 million

Chalmette, LA Cleeman Realty Group has completed the $10.3 million sale of Park Plaza Shopping Center, a Winn Dixie anchored retail center located at 3300 Paris Rd. The property sits on 4.76 acres and consists of 99,238 s/f. The property was 100%

Savers Value Village expands presence with 25,688 s/f lease in Orange, CA

Orange, CA Savers Value Village Inc., a publicly held, for-profit thrift store retailer, has expanded its Orange County presence with a lease of 25,688 s/f in the Santiago Hills Shopping Center. Located at 8520 E. Chapman Ave., this location will give the Bellevue

Tower Capital expands structured CRE finance team with addition of Harris

Scottsdale, AZ Tower Capital, a leading capital advisor in CRE financing, is expanding its team with the addition of Geoffrey Harris, a veteran of commercial real estate finance. The growth allows the firm to continue arranging financing for clients

Realterm acquires three Yellow Corporation terminals

Annapolis, MD Realterm, a global specialist in transportation-advantaged logistics real estate, has completed the acquisition of three IOS truck terminals, totaling 163 doors. Located in Boston, Philadelphia and Providence, the properties

Red Oak Capital Holdings appoints Flaa to chief lending officer, brings in three new loan professionals

Charlotte, NC Red Oak Capital Holdings, LLC is continuing its growth with a recent promotion of one of its top executives and the addition of three new commercial real estate loan professionals. Will Flaa is now Red Oak’s

Avatar Financial Group LLC provides $4.8 million in financing for The Club at Treasure Island

Treasure Island, FL Avatar Financial Group LLC (“Avatar”), a Seattle, WA-based national hard money bridge lender for commercial real estate, provided a $4.8 million bridge loan for The Club at Treasure Island. The borrower used

National Ladder Safety Month is coming

Cleveland, OH National Ladder Safety Month is observed next month, as it is every March. Begun by the American Ladder Safety Institute (ALI), the event raises awareness about ladder safety and encourages employers and their workers to engage

Cronheim secures $55.95 million permanent financing for multifamily portfolio

Los Angeles, CA Cronheim Mortgage has arranged $55.95 million of permanent financing for three Class-A apartment buildings. Andrew Stewart and Allison Villamagna secured financing on behalf of 4SITE Real Estate, a real estate development firm specializing in residential and mixed-use infill properties throughout California