National News

Rosewood Realty Group arranges $22.75 million sale of multifamily property

Birmingham, AL Rosewood Realty Group has successfully brokered the sale of The Kenzie, a 213-unit apartment community for $22.75 million. The two-story apartment community, originally built in 1973, encompasses 239,258 s/f and sold for approximately

American Association of Automatic Door Manufacturers Supports U.S. Access Board

Cleveland, OH The American Association of Automatic Door Manufacturers (AAADM) have began to publicly support the work of the U.S. Access Board, whose tagline is “Advancing full access and inclusion for all.” The Access Board is an independent federal agency

Chick-fil-A breaks ground in Cutler Bay, FL

Cutelr Bay, FL Chick-fil-A is breaking ground for a new restaurant. Chick-fil-A’s Dustin Griffiths and Katz’s David Emihovich represented Chick-fil-A in the lease along with owner/developer Michael Berkowitz of Berkowitz Development Group and Landsea

Shawmut hosts thousands of workers for construction safety week programming

Boston/New York/Los Angeles Shawmut Design and Construction, a $1.6 billion national construction management firm, commemorated its 15th annual Construction Safety Week by welcoming thousands

Colligan of Largo Capital secures mortgage for acquisition of multi-tenant flex/industrial property

Charlotte, NC Neal Colligan, of Largo Capital, Inc. secured a non-recourse, permanent first mortgage for the acquisition of an 81,120 s/f, multi-tenanted flex/industrial property. The loan was funded through one of Largo’s correspondent life insurance companies with the interest

Ross of Largo Capital secures refinancing for $7.92 million

Pickerington, OH Kevin Ross, managing director at Largo Capital, Inc. secured a non-recourse, fixed rate, permanent first mortgage to refinance the existing debt on a community retail property located for $7.92 million. The multi-tenanted property is 90,040 s/f and is 100%

Marty Hennessy celebrates 25 years at Katz & Associates

Englewood, NJ Marty Hennessy, president, Katz & Associates is celebrating 25 years at Katz this month. Hennessy has many notable credits to his name, including: successfully negotiating thousands of real estate transactions over the past 30+ years, opening the Katz Florida

Vivian of Largo Capital secures $10 million in financing for two hotels

Oklahoma City, OK Katie Vivian, hotel loan originator at Largo Capital, Inc., secured $10 million in financing for two existing limited-service hotels in OKC, Oklahoma and Brownwood, TX. The loan proceeds were used to acquire the 72-key Hampton Inn (OK) and refinance the debt on the 71-key La Quinta Inn

Besen National Team complete the sale of a 129-unit apartment complex

Houston, TX Besen Partners has completed the sale of Trafalgar Apartments, a 142,395± s/f apartment complex located on Briarhurst Dr. between Westheimer Rd. and Fairdale Ln. The Besen National team secured an above-market offer on behalf of a pre-existing

Team Betesh arranges $110 million in financing to refinance an office property in Stamford

Stamford, CT Meridian Capital Group arranged $110 million in financing to refinance an office property. The financing was provided by a balance sheet lender and was negotiated by Meridian senior managing director, Morris Betesh,