National News

Colliers Mortgage hires Adelson and Mania

Los Angeles, CA Colliers Mortgage has hired real estate investment veterans Tommy Adelson to the position of vice president, transactions, and Jessica Mania as vice president, research and marketing. This follows the recent move of Jonathan Lee

Marie Selby Botanical Gardens to open net-positive botanical garden complex Jan. 11, 2024

Sarasota, FL Marie Selby Botanical Gardens said that phase one of its three-phase master plan for its downtown campus will open to the public on January 11, 2024.

Eastern Union provides $17.49 million loan for acquisition of 392-unit The Lakes at Madera

Baytown, TX Eastern Union has delivered a $17,492,188 loan toward the acquisition of The Lakes at Madera apartments, a 392-unit multifamily complex located at 305 West Baker Rd. in, a community situated 26 miles east of Houston.

Thorofare Capital provides $125.9 million senior mortgage loan for mid-Atlantic portfolio

Washington, DC Thorofare Capital, Inc., an affiliate of asset management platform Callodine Group, LLC, closed $125.9 million in financing for eight class-A clinical medical facilities totaling more than 705,000 s/f located in the Greater Washington, D.C.

NAI DeLeo-Bram & Co. negotiates two industrial property sales totaling $15.45 million

East Brunswick, NJ NAI DiLeo-Bram & Co. (NAIDB) has arranged two separate industrial property transactions totaling a combined $15.45 million and 77,000 s/f. The warehouse buildings involved in these recent sales

Crystal Window & Door Systems nears completion of window replacement project

Alexandria, VA Crystal Window & Door Systems has supplied 5,192 windows and doors for a large Washington, DC-area apartment complex. The multi-year window replacement project involved the five 16-story multifamily buildings of Southern Towers Apartments located at 4901 Seminary Rd.

Silber Investment Properties brokers 15 sales in 10 states totaling more than $26 million

Plainview, NY Silber Investment Properties (SIP) brokered 15 deals across 10 states totaling more than $26 million. Most of the investment sales transactions, all completed within the last few weeks, were for retail properties triple-net leased by large national chains, including CVS, Walgreens, 7-Eleven

Crow Holdings Development holds ribbon-cutting ceremony for 1.2 million s/f warehouse/distribution property

Carteret, NJ Local dignitaries, industry professionals and stakeholders joined Crow Holdings Development (CHD) to celebrate the grand opening of Crow Holdings at Carteret. The event culminated with mayor Daniel Reiman joining members of the development team for a formal ribbon-cutting

Flaa and Wood join Red Oak Capital Holdings

Charlotte, NC Red Oak Capital Holdings, LLC has brought on Will Flaa as senior vice president – investments, and Ken Wood as regional manager – northeast. They will respectively be based in Dallas, Tx. and Norwalk, Conn.

Riddle and Cavanor of Capstone sell two multifamily buildings for $1.31 million

Colorado Springs, CO Capstone has closed the sale of Canyon Retreat Apartments, a 5,252 s/f multifamily property for the sale price of $1.31 million. Adam Riddle and Conor Cavanor of Capstone brokered the transaction.