National News

CBRE announces $117 million sale of The James

Park Ridge, NJ Representatives of CBRE, led by Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, and Travis Langer of CBRE Institutional Properties, in partnership with Roland Merchant and Tom Pryor of CBRE’s Investment Banking team

Cronheim secures $32.97 million financing for mixed-use property

Hawthorne, NJ Hawthorne, a newly constructed mixed-use development consisting of 118 luxury apartment units and 16,400 s/f of retail. Brandon Szwalbenest, Dev Morris, and Andrew Stewart secured the 5-year financing at a rate of 5.82%, which

More than 62,200 s/f leased at Blue Star Shopping Center with Burlington, Taco Bell and Marshalls Relocation

Watchung, NJ Levin Management Corporation (LMC) has arranged more than 62,200 s/f of new leasing activity at Blue Star Shopping Center, a 420,000 s/f community shopping center anchored by ShopRite, located on U.S. Route 22. The latest deals include Burlington

Ross of Largo Capital completes $21 million refinance

Whitby, ON Kevin Ross, managing director of Largo Capital Limited, has successfully refinanced a well-tenanted mixed-use property. Anchored by leading national retailers, the center serves as a vital retail and office hub

Arrow Real Estate Advisors arranges $52 million financing for acquisition of Lakeside & Flagler Center Business Park

Jacksonville, FL Arrow Real Estate Advisors, a leading real estate finance advisory firm, has arranged $52 million in acquisition financing on behalf of Savlan Capital for the purchase of the Lakeside & Flagler Center Business

Brookfield completes $1.93 billion refinancing of Atlantis Paradise Island

Brookfield has successfully completed a $1.93 billion refinancing of Atlantis Paradise Island, the landmark oceanside resort in The Bahamas. The new financing underscores Brookfield’s long-standing and continued commitment to the resort, its team members

Poplar Plaza Shopping Center: $25.1 million refinancing secured for Memphis retail center

Memphis, TN JLL Capital Markets has secured a $25.139 million financing for Poplar Plaza, a 350,000 s/f grocery-anchored retail center. JLL worked on behalf of the borrower, Finard Properties, in arranging the seven-year

Cronheim Hotel Capital secures $11 million to refinance Hampton Inn

Danville, VA Cronheim Hotel Capital (CHC) has secured $11 million to refinance the Hampton Inn. The financing provided the Sponsor with more than $3 million of cash out proceeds and a fixed rate below 6.0%. 

Levin Management closes nearly 570,000 s/f in YTD retail leasing

North Plainfield, NJ Brick-and-mortar retail continues to demonstrate its strength, with open-air shopping centers leading the way, according to Levin Management Corporation (LMC). The North Plainfield-based commercial real

Crystal Windows offer views for Nashville property

Nashville, TN Nashville’s newest waterfront community utilizes over 2,100 energy efficient windows supplied by Crystal Window & Door systems for its two multifamily structures. The two residential mixed-use 7-story buildings