National News

Perlman of Largo Capital secures mortgage to acquire and rebrand an existing self-storage facility

Huntsville, AL Ned Perlman, vice president of originations at Largo Capital, Inc. secures a permanent first mortgage to acquire and rebrand an existing self-storage facility. The property was developed in 2018 and features 507 storage

Blanton of Largo Capital secures mortgage for Holiday Inn

Orlando, FL Ben Blanton, vice president, originations at Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a Holiday Inn. The 68% LTV financing was secured

Tishman Speyer to begin construction on 55 Hudson residential tower

Jersey City, NJ Tishman Speyer said that construction is set to begin on 55 Hudson St., the first of a two-tower development that will bring new rental apartments, public open spaces and amenity retail to the waterfront.

Crystal Window & Door supplies Morristown Housing Authority with 608 windows for rehabilitation project

Morristown, NJ The major rehabilitation of two Morristown (NJ) Housing Authority properties included 608 single, double, and triple unit windows supplied by manufacturer Crystal Window & Door Systems. The renovation work for the

Musk’s HMV Group aquires 1.36 acre site for Vegas Loop station

Las Vegas, NV HMV Group completed the $3.672 million sale of a 1.36-acre site on behalf of Fairgrounds Drive Retail, LLC, an affiliate of HMV Group. The property is located at 3682 S. Valley View Blvd. The buyer was Object Dash LLC, an

iBorrow provides $46.58m in refinancing for 2.1666m s/f multi-state industrial portfolio

Los Angeles, CA iBorrow closed on a $46.58 million refinancing of a 2,166,600 s/f, six-property industrial portfolio owned by an institutional fund with more than $1.5 billion in commercial real estate assets.

Faropoint secures strategic investment from Invesco Real Estate

Hoboken, NJ Faropoint has closed on a strategic investment from Invesco Real Estate, who acquired a minority stake in Faropoint’s platform. The transaction was structured by Invesco Real Estate’s platform investments team

BBX Capital contributes $150,000 to Habitat for Humanity of Broward

Coral Springs, FL Habitat for Humanity of Broward and BBX Capital Inc. marked a milestone with ans additional contribution of $150,000 from BBX Capital. The funds will further propel the construction efforts of the new Coral Springs

Marcus & Millichap enters strategic partnership with EquityMultiple

Calabasas, CA Marcus & Millichap has made an equity investment in EquityMultiple, a New York-based real estate financing and investment technology platform. The partnership will provide sponsors and operators supplemental private

Tower Capital promotes Maravilla to partner

Scottsdale, AZ Tower Capital has promoted George Maravilla to partner from senior vice president. Maravilla, who joined the firm in 2018, has established himself as a key member leading the firm’s Equity and Development platform and has spearheaded the rapid growth of Tower