National News

Blanton of Largo Capital arranges $5.025 million acquisition financing

Orlando, FL Ben Blanton of Largo Capital, Inc. arranged acquisition financing for a retail property. The five-year, fixed-rate loan, amortized over 25 years, covered 70% of the purchase price

Delisle and Monahan negotiate long term lease extension

Brooksville, FL Roger Delisle and Robert Monahan of Island Associates successfully negotiated several long-term lease extension for Sunrise Plaza. They were able to negotiate favorable terms for

Perlman of Largo Real Estate arranges $1.45 million permanent mortgage refinance

Canton, OH Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc., arranged a permanent first mortgage to refinance an industrial property. The newly built 20,000

Lightstone acquires 83,000 s/f life science property

Durham, NC Lightstone, one of the leading and most diversified privately held real estate companies in the United States with over $9 billion in AUM, has acquired an over 83,000 s/f life science property

Plans4Less commits to helping rebuild Southern California after the wildfires

New York, NY Plans4Less.com made known a “Plan” for helping California residents and business owners rebuild, offering discounts on their services while donating a portion of all sales to the California Fire Fund. As a leader in reprographics and blueprinting services, Plans4Less is dedicated to making an impact in the rebuilding efforts.

Time Equities Inc. expands industrial portfolio with $6.525 million acquisition

Louisville, KY Time Equities, Inc. (TEI), a full-service real estate firm with headquarters in New York City, has acquired 1419 Dixie Highway and 1735 W. Burnett Avenue, a two-building industrial portfolio for

LeFrak completes largest high-rise multifamily solar panel installation in NJ

Newport, NJ New York-based real estate developer LeFrak completed the largest solar panel installation on a high-rise multifamily residential building in New Jersey. The Beach, a 336-unit rental tower, is now home to a 180kW, 450-panel rooftop

Cronheim Hotel Capital secures $10.5 million to refinance the Residence Inn Atlanta Cumberland

Atlanta, GA Beau Williams and Drew Gilligan of Cronheim Hotel Capital (“CHC”) have secured a $10.5 million permanent loan on behalf of PEG Companies to refinance the existing debt on the 130-room Residence Inn Atlanta

Camber Real Estate Partners and Invesco Real Estate acquire five-building industrial portfolio

Burlington County, NJ Camber Real Estate Partners (Camber), in partnership with Invesco Real Estate, the $85 billion global real estate investment business of Invesco Ltd. (NYSE: IVZ), has acquired a five-building industrial

Resource Realty of Northern New Jersey reports a strong 2024 finish with over $154.69 million in transactions

Parsippany, NJ Resource Realty of Northern New Jersey (RRNNJ) is reporting strong transaction results for 2024, completing 75 leases and 10 sales totaling over $154.69 million in commercial real estate transactions across New Jersey and Southern New York