National News

PEEK Properties starts leasing at 138-unit multifamily The Highland

Orange, NJ PEEK Properties has launched leasing at its newest upscale multifamily community known as The Highland, located at 416 Highland Ave. in the southwest section of the city. Situated at the corner of Highland and Lincoln Aves.

Urban Edge leases to Aldo and Dream Pairs at Bergen Town Center

Paramus, NJ According to Urban Edge Properties, two new footwear stores have signed leases at Bergen Town Center. Aldo (1,793 s/f) opened in time for the holiday season, and Dream Pairs (3,619 s/f) will open in early 2024.

NAI DiLeo-Bram leases 3,000 s/f retail and sells 12,607 s/f manufacturing space

Kenilworth, NJ NAI DiLeo-Bram & Co. (NAIDB) recently recorded a new retail lease transaction and warehouse property sale. In both instances, the firm’s brokerage professionals exclusively represented ownership

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