National News

M&T Realty arranges $21.5 million in financing for a multifamily property

Jersey City, NJ M&T Realty Capital Corporation has arranged financing in the amount of $21.5 million secured by Lumber House apartments, a 46-unit, luxury mid-rise apartment community

Rosewood sells former Marriott hotel in Charlotte, NC For $8.4 million

Charlotte, NC Rosewood Realty Group completed the sale of Towne Place Suites, a former Marriott Hotel franchise, for $8.4 million. The three story, 56,244 s/f property at 8710 Research

Crystal Pacific Window & Door Systems marks 10 years of growth

Riverside, CA Crystal Pacific Window & Door Systems, the west coast affiliate of national manufacturer Crystal Window & Door Systems, marks its 10th year of operation and growth since opening its doors in May of 2012

Scarantino of Mag Mile Capital close three property deal for $8.85 million in NJ

Egg Harbor Township, NJ Bob Scarantino of Mag Mile Capital has secured a total loan of $8.85 million to cover the purchase of three investment properties in : a medical/dental office space in Hammonton

Marvel opens third office in Richmond, VA

Richmond, VA Marvel,a multi-disciplinary architecture, landscape architecture and urban planning firm with offices in New York City and San Juan, PR, have opened its third location. The Richmond office is headed

Naftali Group continues expansion in South Florida with second acquisition

Fort Lauderdale, FL New York-based developer, Naftali Group, a privately held global real estate development and investment firm, has closed on a 700,000 s/f development site at 201 North

Malagisi and Hardisty of SVN’s National Self Storage Team facilitate 50,350 s/f storage facility sale

Fairview, NJ Nick Malagisi, SIOR and national chair of the SVN National Self Storage Team and his colleague Hans Hardisty, CCIM, senior advisor and managing director, just completed the sale of a 50,350 s/f facility with 508 drive

Cronheim Mortgage secures $16 million for 272,000 s/f Mansfield Commons

Hackettstown, NJ Cronheim Mortgage has arranged $16 million in permanent financing for a 272,000± s/f retail center. The 10-year financing amortizes over 30 years. Dev Morris

Muller of Eastern Union secures $83.33 million bridge loan toward acquisition of 440-unit multifamily property

Atlanta, GA Michael Muller, a senior managing director with Eastern Union, has arranged a bridge loan of $83.33 million in support of the acquisition of The Halsten at Vinings Mountain, a 440-unit multifamily property

Exact Capital makes initial investment in development of 240 unit affordable residential community

Columbia, SC Exact Capital, a leading national commercial real estate development firm, is making its first investment in South Carolina with the ground up development