National News

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

Avatar provides $4.35 million for midscale hotel

Portland, TX Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $4.35-million loan on an IHG-branded property. The loan proceeds were used toward

Marcus & Millichap Capital Corporation arranges $89.6 million construction financing for two multifamily projects

Chanhassen, MN Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments

Cleeman Realty Group announces the off-market sale of a Hy-Vee Supermarket

Fort Dodge, IA Cleeman Realty Group has completed the $4.25 milion off-market sale of a net leased Hy-Vee Supermarket located at 115 S 29th St. The asset is strategically positioned within Fort Dodge’s primary retail hub, offering

Blanton of Largo Capital completes a $14.5 million permanent first mortgage refinance

Riverview, FL Ben Blanton of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a 119-room Hilton Garden Inn. The 10-year, fixed-rate, non-recourse financing includes interest only payments for the life

Carr Properties forms joint venture and closes on construction financing of 425 Montgomery Street

Alexandria, VA According to Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, the Company closed on an equity joint venture with Barings to develop 425 Montgomery Street