National News

Kates and Sklaver join Marcus & Millichap as senior vice presidents

Calabasas, CA Adam Sklaver and Phil Kates have joined Marcus & Millichap (NYSE: MMI), a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services

Largo arranges $5.6 million in financing for self-storage facility

Hurricane, UT Ned Perlman, vice president of Originations at the Largo Group of Companies, arranged a $5.6 million permanent first mortgage to refinance the existing debt for a self-storage facility. The facility has a total

Electra Capital Provides $19 millon loan for refinancing of two Class A apartment buildings

Jersey City, NJ Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, originated $19 million of mezzanine debt behind an $86 million senior loan for the refinancing

Newmark opens brokerage office in Hong Kong

Hong Kong, SAR Newmark Group, Inc., has opened its Hong Kong office. The new office is a key strategic development for Newmark as it adds one of APAC’s leading international business

DeSimone Consulting Engineering open London office

London, GB DeSimone Consulting Engineering, a leading full-service engineering firm with offices worldwide, has expanded into London, further increasing

Largo secures $12.55 million in financing for multifamily property

Miamisburg, OH Perry Miceli, principal at the Largo Group of Companies, arranged a $12.55 million permanent first mortgage to refinance the construction debt for a multifamily

G.S. Wilcox & Co. arranges $13 million loan for Bergen County Industrial

Allendale, NJ G.S. Wilcox & Co. has secured $13 million in financing for a warehouse building. The financing, arranged by Gretchen Wilcox, president, Albert Raymond, principal

Rosewood Realty Group sells multifamily $71 million in FL

Land O’ Lakes, FL New York City-based brokerage firm Rosewood Realty Group has arranged the sale of The Lakes at Collier Commons, a 252-unit multi-family property, located

CLK Properties buy multifamily property In Jonesboro, AK

Jonesboro, AK CLK Properties, a New York-based owner and manager of valued real estate assets throughout the United States, has acquired a master planned multifamily community for an undisclosed price. It

Bensahel of Eastern Union arranges $7.9 million sale of apartment portfolio in Takoma Park, Md

Takoma Park, MD Alex Bensahel, the director of the investment sales division for the Mid-Atlantic Group of Eastern Union, has arranged the $7.9 million sale of a 48-unit apartment portfolio