National News

Shawmut Design and Construction
acquires First Finish

Columbia, MD Shawmut Design and Construction, a leading $2 billion national construction management firm, has acquired First Finish, a premier full-service hotel renovation contractor, a partnership that combines expertise in large

Gibson Dunn adds real estate and data center lawyer Emily Naughton

Washington, D.C. According to Gibson Dunn, Emily Naughton has joined the firm’s Washington, D.C. office as a partner and member of the firm’s projects and infrastructure and real estate practice groups. Naughton will continue to focus

Vivian of Largo Capital secures $12 million debt refinancing

Tremonton, UT Katie Vivian of Largo Capital, Inc. secured a $12 million permanent first mortgage to refinance the existing debt on two limited-service hotels. The 82-key Holiday Inn Price and 67-key Hampton Inn Tremonton have both made a strong

Merchants Capital secures $19+ million for conversion of Mall West End to mixed-use, affordable, workforce housing

Atlanta, GA According to leading financial services provider Merchants Capital, it secured $19.1 million for the acquisition of Mall West End Revitalization, a 12-acre historic site, that will be converted into a $450 million mixed-use development

Atlantic Retail and Atlantic Capital Partners complete over $155 million in Macy’s portfolio sales in 2024

Boston, MA On November 26th Macy’s completed the sale of its Gwinnett Place Mall and Gwinnett Furniture locations in Duluth, GA for a total of $16.5 million. This marks Atlantic Retail’s twelfth and thirteenth

Coscia of Largo Capital secures $24 million in financing for two Marriott-branded hotels

Ocala, FL Kevin Coscia of Largo Capital, Inc. has secured financing for a portfolio of two Marriott-branded hotels totaling 256 rooms. This portfolio includes a 169-key Courtyard by Marriott and an 87-key Residence Inn by Marriott

New K-Beauty concept coming to Bergen Town Center

Paramus, NJ According to Urban Edge Properties (NYSE:UE), a new K-Beauty concept is coming to Bergen Town Center. K-Beauty Ave, the first K-Beauty specialty store, will launch a K-Beauty kiosk on December 19, 2024, focusing

Eastern Union secures $20.4 million to refinance conversion of 137-unit hotel into assisted living residence

Plano, TX Eastern Union has arranged $20.4 million in refinancing toward the conversion of a six-story, 137-unit hotel into an assisted living residential community. Plano is located approximately 20 miles north of Dallas

G.S. Wilcox & Co. sources $25 million across multiple transactions

Mount Holly, NJ G.S. Wilcox & Co. has secured $25 million in financing across two New Jersey retail properties. The financings, both arranged by principal David Fryer, consisted of a $13 million loan for a

The CS Organization arranges a $2.6 million refinance and construction loan for a 17-unit multifamily building

Miami, FL The asset involved in the transaction is a multifamily property comprising 8,500 s/f and a total of 17 units. The loan amount for this property is $2.6 million with a loan type categorized as refinance and construction