National News

Axiom arranges $5.5 million loan for refi of 43,00 s/f grocery store

Clovis, NM Axiom Capital Corp. has structured and arranged a $5.5 million permanent loan for the refinance of a 43,484 s/f grocery store. The property has excellent frontage along Prince St., with exposure

Buckingham Advisors placed $18 million of equity on 143-unit Denholtz Properties and Redwood Real Estate Group JV development

Bound Brook, NJ A joint venture between Denholtz Properties, a leading real estate development and investment company, and Redwood Real Estate Group is moving ahead with the $50 million construction of a 143-unit, Class A transit-oriented

Axiom Capital funds 145,200 s/f industrial portfolio in Daytona, St. Augustine and Jacksonville, FL

Florida Axiom Capital Corp. has structured and arranged a $6.95 million permanent loan (10-yr loan, 7-yr I/O, fixed rate, non-recourse) for the acquisition of an industrial portfolio located along the East Coast

JLL Capital Markets arranged the preferred equity and acquisition loan for 312-unit Lantower Alamo Heights

San Antonio, TX JLL Capital Markets has arranged $47.3 million in acquisition financing and secured the preferred equity for Lantower Alamo Heights, a 312-unit multi-housing community

HLC Equity completes sale of multifamily community - Toscana Apartments

Carrolton, TX HLC Equity, a multigenerational real estate investment management company, has completed the sale of Toscana Apartments, a 192-unit multifamily community. HLC acquired Toscana in 2017 for $13.25 million and was able to deliver returns significantly above original projections to its

Faropoint secures $1.6 billion in funding through credit facilities

Hoboken, NJ Faropoint, a leading real estate investment management firm focused on last-mile properties in high population growth markets, has secured $1.57 billion in funding over the past 14 months through several credit facilities. The facilities were led by KeyBank, as Left Lead

Churchwick Partners and Rockledge execute off-market purchase of 122 Key Woodspring Suites in Davenport, IA.

Davenport, IA In conjunction with Churchwick Partners, David Kaye and Joe Listhaus of Rockledge purchased the 122 Key Woodspring Suites Davenport Quad Cities in an off-market transaction, adding to their hospitality portfolio. This marks the 13th extended stay hotel purchased by the group in 2022, and their 11th state nationwide. This purchase has pushed the group’s key count to over 1,600.

Largo arranges $18 million loan for Hampton Inn & Suites in Naples, FL

Naples, FL Kevin Coscia, managing director at the Largo Group of Companies, secured a $18 million, 75% LTC construction loan for a 124 key Hampton Inn & Suites. Naples is currently experiencing a population boom and record-breaking tourism. The greater Naples area has grown

LRS Architects designs The Columbia at Vancouver Waterfront

Vancouver, WA LRS Architects has completed its design work for a new apartment complex as a part of the revitalized Vancouver Waterfront, The Columbia. The seven-story, 300,000 s/f complex is a 248-unit U-shaped building with unobstructed views of the Columbia River and access to a variety of amenities

BG Capital entering into real estate partnership with FreezPak Logisitics

Philadelphia, PA BG Capital, a Philadelphia-based commercial real estate investment firm, announced a new strategic real estate partnership with New Jersey based cold storage operator FreezPak Logistics to