National News

Colligan of Largo arranges a $40.12 million first mortgage for the acquisition & repositioning of an office/flex portfolio

Duluth, GA Neal Colligan, principal at the Largo Group of Companies, secured a $40.12 million first mortgage for the acquisition and repositioning of a 9-building, single-story office/flex portfolio. The collective

Largo arranges $9.7 million in acquisition financing for an industrial facility in Naples, FL.

Naples, FL Kevin Coscia, managing director at the Largo Group of Companies, secured $9.7 million in acquisition financing for an 88,000 s/f industrial facility

TOPAZ acquires 158 unit The Abby Apartments in Tallahassee

Tallahassee, FL Topaz Capital Group LLC (“TOPAZ”) and its operating partner, Corridor Property Management (“Corridor”), has acquired a 158-unit, Class B+ multifamily property. The acquired property will be rebranded

Largo Capital secures $6.1 million in acquisition financing for grocery-anchored property in Orlando, FL

Orlando, FL Benjamin Blanton, vice president of Originations at Largo Capital, arranged $6.1 million in non-recourse acquisition financing for a grocery-anchored retail property.

Largo arranges $5 million in refinancing for two car wash properties in FL

Leesburg & Jacksonville, FL Dave Carswell, managing director at the Largo Group of Companies, secured $5 million in refinancing for two car wash properties

Largo Capital arranges $28 million of debt to refinance a 3 building portfolio

Saint-Laurent, QC Largo Capital’s Kevin Ross closed a three building industrial/flex portfolio for a total loan amount

Boles & May of Progress Capital arrange $54.5 million construction financing for Newark School of Architect & Interior Design

Newark, NJ David May and Evan Boles of Progress Capital secured $54.5 million in construction financing for the owners of a 179,100 s/f educational facility located at 155 Jefferson

Ariel Property Advisors arranges $25 million in loans across three states

Various Locations, USA Ariel Property Advisors has arranged $25 million in loans for seven properties across Ohio, Texas, Indiana and New York. The financings include an industrial complex, two multifamily buildings, two medical facilities, a retail

Urban Edge Properties signs Aldi to 23,498 s/f long-term lease

Watchung, NJ Urban Edge Properties (NYSE:UE) has signed Aldi to a long-term lease for 23,498 s/f at Greenbrook Commons. The center is now 100 percent leased and delivers essential retail to the area which includes the densely populated

LRC Properties purchases 522,071 s/f industrial property in Morrow, GA for $31.5 million

Morrow, GA LRC Properties has purchased the Zion Industrial property located at 1791 Mt. Zion Rd. With this purchase, LRC Properties continues its presence in Atlanta and expands its footprint in the vital Southeast region. LRC Properties