Norwalk, CT Clarion Partners LLC and Marcus Partners announced the signing of three new tenants at Merritt 7 Park, including customer engagement and marketing firm Terenity Inc. relocating
strong>Plainsboro, NJ GFI Realty Services, LLC announced the $115-million sale of Addison at Princeton Meadows, a 440-unit garden apartment complex, located at 2821 Pheasant Hollow Dr. The GFI team of Allan Szlafrok, Eli Maryl, Ohad Babo, and Michael Weiser advised the buyer, Colony Hills Capital, in this transaction. The seller is KRE, a Jersey City based real estate investment, development, and property management
Boston, MA Shawmut Design and Construction, a leading $1.3 billion national construction management firm, participated in the 2023 Pan-Mass Challenge (PMC), marking the sixteenth consecutive year the firm has partaken in the two-day bike-a-thon in Massachusetts. This year, Team Shawmut has raised almost $100,000 and counting—accumulating over two million dollars in total fundraising to support Dana-Farber Cancer
Bayonne, NJ Meridian Capital Group has arranged $47.9 million in financing to refinance a portfolio of multifamily properties. The five-year loan features 24 months of interest-only payments, a five-year extension option, and was provided by a balance sheet lender. Meridian managing director, Judah Hammer, and vice president, Daniel Neiss, who are both based in the company’s New York
Palmdale, CA GFI Realty Services, LLC has closed on the $15.75 million sale of a 117.38-acre development site. Trader Joe’s is constructing a 1.03 million s/f distribution facility on the parcel with completion anticipated by the end of 2024. The GFI Realty Institutional Advisory team of Managing Director, Joshua Peck and Group Director, Susan Annis co-brokered this
Miami, FL Fisher Brothers, a fourth-generation real estate company that owns, manages and operates spaces across the country, announced the start of construction of Wynhouse Miami, a mixed-use multifamily development. Wynhouse Miami will rise eight stories and offer 308 rental residences, approximately 26,000 s/f of ground floor retail and paseo space and nearly 25,000 s/f of expansive indoor and outdoor
Port St. Lucie, FL BHI, a full-service commercial bank, announced that it has provided a $27.343 million Senior Secured construction loan to 13th Floor Homes LLC to finance enhancements to and completion of Villas of Torino, a multi-family
Savannah, GA Katie Vivian of the Largo Hospitality Finance Group secured a $10.2 million first mortgage to take out the construction debt on...
Wyomissing, PA Progress Realty Partners (PRP), a New Jersey-based private equity firm specializing in buying well-positioned commercial real estate throughout the country, along with real estate investment firm, Commerce Park Investors, have successfully acquired Park Place Center, a 143,000 s/f industrial-flex portfolio. “What attracted us to Park Place Center is its extraordinary
New Bern, NC Jack Phillips of Largo Capital arranged $11 million in financing
