National News

Gateway Merchant Banking to redevelop Orange Memorial Hospital

Orange, NJ Gateway Merchant Banking (Gateway), an award-winning real estate development and investment firm, has announced plans to revitalize 188 South Essex St., the site of the Orange Memorial Hospital

NAI DiLeo-Bram & Co. expands its brokerage team with Christopher Chiusolo as vice president

Woodbridge, NJ NAI DiLeo-Bram & Co. (NAIDB) has welcomed Christopher Chiusolo to the role of vice president. Chiusolo brings extensive real estate transaction expertise to his

InspireDesign Creative Studio partners with MarkMaster Inc. to supply design solutions for commercial spaces

Garden City, NY According to Inspire Design Creative Studio, a full-service artwork, design consulting and management firm, it has partnered with MarkMaster Inc., a premier manufacturer of custom and stock identity solutions located

Clear Investment Group acquires Marbury Plaza in Washington, D.C.

Washington, D.C. Clear Investment Group (“Clear”) has acquired 681-unit Marbury Plaza. The property, once home to notable residents including Isaac Hayes, will undergo a transformative rebranding to become Langston Views, a name that reflects

Cronheim Mortgage finances industrial/flex building

New Providence, NJ Cronheim Mortgage secured a $5.85 million for an industrial flex building. Cronheim originally financed the property in 2014 for the borrower, RC-Central Ave Associates, L.L.C. The 2024 financing was structured on a 10/20 basis

TruAmerica Multifamily hires Ted Egner, Ben Finley and Stuart Cramer

Los Angeles, CA TruAmerica Multifamily, one of the nation’s leading multifamily investment firms, has expanded its flagship team and business lines, along with the significant launch of a new Affordable Housing vertical

Gottesman Real Estate Partners appoints Zachary Levine as vice president

strong>Tham, NJ Gottesman Real Estate Partners, a family owned and operated real estate company, has hired Zachary Levine as vice president, according to Andy Gottesman, company CEO. Levine will assist in overseeing the firm’s four-state portfolio

Bayport Funding provides $1.675 million ground-up construction loan for Paterson multifamily property

Paterson, NJ Bayport Funding, a direct private bridge lender for real estate developers, has closed a $1.675 million ground-up acquisition and construction loan to refinance an 11-unit, three-story multifamily property on Governor Street

Cleeman Realty Group facilitates $7.1 million sale of net-leased tops supermarket

Erie, PA Cleeman Realty Group completed the sale of a net-leased Tops supermarket property for $7.1 million. The property, encompassing 77,000 s/f on approximately 8.8 acres, is strategically located between Cleveland, Ohio, and Buffalo, New York

Ross of Largo Capital secures $6 million permanent first mortgage refinancing

Longueuil, QC Kevin Ross, managing director at Largo Capital Limited secured a permanent first mortgage to refinance the existing debt on a fully occupied medical office building. The subject property is comprised of 26,000 s/f of rentable