National News

CIT serves as lead arranger on $419 million in financing for power facility in SC

Gaffney, SC According to CIT, a division of First Citizens Bank, its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility

X-Caliber Rural Capital and CastleGreen Finance together close $52 million construction loan in Madera, CA

Madera, CA X-Caliber Rural Capital and CastleGreen Finance Together Close $52 million new construction loan for an almond cold storage facility located at 2647 Condor Rd.  The financing included a $35 million USDA Food Supply Chain Loan and

FPA held first onsite event; luxury properties in London

Manhattan, NY The Foreign Press Association recently held its first onsite real-world event in over 2 years. Foreign Press Association president Ian Williams hosted a panel discussion at the Whitby Hotel

KAI hires Lawrence, AIA, LEED AP as senior project manager

Dallas, TX KAI Enterprises has hired James Lawrence, AIA, LEED AP as senior project manager at its Dallas-Fort Worth, Texas office. As a senior project manager, Lawrence

Silverstein Properties and Arden Group sign five leases at 1735 Market St.

Philadelphia, PA Silverstein Properties, a national real estate investment, development and management firm, and Arden Group, a vertically integrated real estate investment management firm

Coltala makes investment in Pond Robinson & Associates in Dallas, TX

Dallas, TX Coltala Holdings has closed the investment of Pond Robinson & Associates, L.P. (“PR&A") a nationwide commercial equity-level due diligence firm, providing engineering and architectural

Progress Capital arranges $23 million construction loan for self-storage facility in Branchburg, NJ

Branchburg, NJ Kathy Anderson and Caillin Boles of Progress Capital secured a $23 million construction loan for a self-storage facility to be built at 3421 Route 22, owned by Irv Cyzner of Cyzner

Capstone Cos. completes $2.06 million sale in Pueblo, CO

Pueblo, CO Capstone has closed the sale of 19-21 Amherst Ave., a 11,900 s/f multifamily property for the sale price of $2.06 million. Lee Wagner of Capstone represented both the seller and

29SC acquires 274-unit property in Louisville, KY

Louisville, KY 29th Street Capital (29SC), a privately held real estate investment firm, has acquired Ashton Brook Apartments, a 274-unit property. The closing completes the firm’s 9th acquisition in

Renovation construction underway at Troy Towers in Union City, NJ

Union City, NJ Construction has begun on the renovations of the façade and pool deck at Troy Towers, a 22-story residential co-op building at 380 Mountain Road. The work marks the start