National News

Cronheim arranges $12 million for 180-unit garden style apartment community in Morristown, NJ

Morristown, NJ Cronheim Mortgage has secured $12 million in permanent financing for Lindsley Arms Apartments, a 180-unit garden-style apartment community. Andrew Stewart, Dev Morris,

Colligan of Largo Capital arranges $15 million loan to refinance multifamily property

Norristown, PA Neal Colligan, Principal at Largo Capital, arranged a $15 million loan to refinance a 328-unit multifamily property.

Axiom Capital funds specialty grocer in Lewisville, TX

Lewisville, TX Axiom Capital Corp. has structured and arranged a $6,392,000 permanent loan (2 year with 1 year extension option, fixed rate) for the acquisition of a single tenant specialty grocer

Lionheart Strategic Management, Citigroup and Bank of Montreal provide $375 million in funding for acquisition of an office complex

Jersey City, NJ Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, has provided $150 million in financing on behalf of an institutional investor to 601W Companies for its acquisition, renovation, and lease-up, of

Ross of Largo Capital secures $5.35 million for refinancing

Memphis, TN Kevin Ross, managing director at Largo Capital, secured $5.35 million for the refinance of an industrial portfolio. The portfolio was financed in partnership with one of Largo's correspondent

Perlman of Largo Capital arranges $4.35 million for acquisition of self-storage facility

Hattiesburg, MS Ned Perlman, vice president of Originations at Largo Capital, arranged $4.35 million for the acquisition of a self-storage facility. The subject property consists of 45,425 net rentable s/f across 353 units including 321 climate-controlled units and 32 non-climate-controlled units. Perlman

Crystal Window Dallas sales and distribution branch office open for business

Dallas, TX The new sales and distribution branch office of national manufacturer Crystal Window & Door Systems is now open for business.  Located near major highways at 454 West Mockingbird Ln., the new facility is open from 8:00 a.m. to 5:00 p.m. Monday through Friday.

X-Caliber Rural Capital closes $56 million bridge transaction for a Hardee Fresh vertical farm

Americus, GA X-Caliber Rural Capital, an affiliate of X-Caliber Holdings and a U.S. Department of Agriculture (USDA)-licensed lender for rural business and economic development projects, announced the closing of a

G.S. Wilcox & Co. arranges $90 million in financing for Sol at Vermella Union

Union, NJ G.S. Wilcox & Co. has completed $90 million in permanent financing for a 309-unit luxury apartment community. The financing, arranged by Gretchen Wilcox, president, and David Fryer, principal, was secured on a 7-year term. The project

Urban Edge Properties adds retail, service, and dining options to Bergen Town Center

Paramus, NJ Urban Edge Properties (NYSE:UE) has announced a line-up of new and expanding tenants coming to Bergen Town Center (“BTC”), including beauty, retail and dining experiences