National News

Lincoln Equities Group restructures: Lance Bergstein named CEO, Joel Bergstein named executive chairman

East Rutherford, NJ As part of an internal restructuring, Lincoln Equities Group (LEG),said that longtime managing director Lance Bergstein would become its newest chief executive officer, replacing Joel Bergstein, who will assume the role

Capstone sells 4-unit townhome at 920 S. Utica St. for $965,000

Denver, CO Capstone has closed the sale of 920 S Utica St, a 4-unit townhome style multifamily property for the sale price of $965,000. Christian Burgdorf and Sean Holamon of Capstone brokered the transaction.

Cleeman Realty Group arranges 12th Winn Dixie closing since last year

Theodore, AL Cleeman Realty Group brokered the $4.4444 million sale of Island Road Shopping Center, a Winn Dixie anchored retail center. The property is on 6.25 acres and consists of 59,882 s/f. The property was 100% occupied at the time of sale including a Winn Dixie that has been serving

Neuman Commercial Group arranges sale of 70,000+s/f grocery anchored shopping center

Coatesville, PA Neuman Commercial Group, LLC, has arranged the sale of Airport Village, a 70,500 s/f grocery and drugstore anchored neighborhood retail center

Romer Debbas represents Arbor Commercial in $45 million Fannie Mae loan

Stone Mountain, GA Romer Debbas LLP’s Agency Lending & Affordable Housing group represented Arbor Commercial Funding I, LLC (“Arbor”), in the closing of a $45 million Fannie Mae DUS Conventional refinance loan secured by a housing project. The property was built in the 1970s and fully renovated in 2019. The sponsor purchased the subject property completely vacant in 2012 and completed a full multi-phase

X-Caliber affiliates close a $33.5 million transaction for California almond processing facility

Madera, CA X-Caliber, a national, direct commercial real estate lender focused on impact lending, announced its affiliate companies, X-Caliber Rural Capital (XRC) and CastleGreen Finance (CastleGreen), closed a $33.5 million combined transaction for a refinance, a new facility

Crystal Windows preserve OMNI Shoreham Hotel

Washington, DC The site of 22 U.S. Presidential inaugural celebrations and much Washington, DC history, the OMNI Shoreham Hotel recently was renovated with over 3,100 modern energy efficient Crystal Window & Door Systems products. The manufacturer supplied the

Denholtz acquires luxury apartment complex for $89 million

North Bergen, NJ Denholtz has purchased a North Bergen apartment complex with 214 apartments for $89 million dollars. The complex, "Solo at North Bergen" at 4828 Tonnelle Ave., features one five-story building with 76 units and 3 three-story buildings

CBRE appoints Barr to lead Americas retail leasing

Dallas, TX CBRE announced that it has appointed industry veteran Laura Barr as Americas Retail Leader for its Advisory & Transaction Services line of business. In this role, Barr is responsible for CBRE’s Retail leasing growth strategy and

Standard Communities leads public private partnership acquiring 100% affordable community in Hawaii

Honolulu, HI Standard Communities, a major national affordable housing investor and developer, has led a public-private partnership with the State of Hawaii, United States Department of Housing and Urban Development (HUD), Honolulu-based Stanford Carr Development