National News

Nassimi Realty acquires two shopping centers in Ohio and Illinois for $30 million

Garfield Heights, OH Nassimi Realty acquired two retail properties, Turney Town Plaza and Four Flaggs, totaling $30 million and adding up to 500,000 s/f of retail space.

Azevedo and Pagán of Romer Debbas close 19 million Fannie Mae DUS Assumption loan

Savannah, GA Romer Debbas LLP’s Agency Lending & Affordable Housing group represented a prominent agency lender in the closing of a $19 million Fannie Mae DUS Assumption Loan secured by a 176-unit multifamily project.

Eastern Union secures $74.2 million construction loan for 256-unit multifamily project

Teaneck, NJ Eastern Union, one of America’s largest commercial real estate mortgage brokerage firms, has closed on a $74,217,664 transaction toward the refinancing of a construction loan for a 256-unit, multifamily property

Weida Freight System commits to 188,000 s/f in Crow Holdings Development’s Crow Holdings at Carteret, 400 Salt Meadow Rd.

Carteret, NJ According to Crow Holdings Development, Weida Freight System, Inc. (WFS) will become the first tenant at its new Crow Holdings at Carteret campus. The 188,000 s/f, long-term transaction at 400 Salt Meadow Rd. marks an

Sinatra & Co. acquires 361-unit Captiva Club Apartments

Tampa, FL Sinatra & Co. has acquired a fourth multifamily asset. This addition to the firm’s current holdings further expands the brand in the south east region.

Buro Happold selects Kaye to lead global advisory group’s U.S. team

Los Angeles, CA Buro Happold, a global practice of 2,400 engineers and consultants, has announced the appointment of California-based Simon Kaye as Advisory Partner for the U.S. Region. The move places Kaye, a senior consulting

Virgin Islands Housing Authority and MDG Design + Construction celebrate completion of phase one of $116.7m preservation of affordable housing development

St. Croix, U.S. Virgin Islands The Virgin Islands Housing Authority (VIHA) and MDG Design + Construction (MDG) held a ribbon cutting ceremony for the completion of Phase One at Walter I.M. Hodge Pavilion. This milestone marks the completed renovation of 82 units across seven buildings

Lamda Development launches sales at Little Athens

Athens, Greece LAMDA Development has made available Little Athens, the latest residential neighborhood of The Ellinikon, Europe’s largest urban regeneration project and a smart city being built from the ground up.

Cleeman Realty Group facilitates off-market sale of Hy-Vee Supermarket

Fairmont, MN Cleeman Realty Group negotiated the $5.125 million off-market sale of a NNN Hy-Vee. The 54,740 s/f grocery store is located at 907 S. State St. on a 5.27-acre lot. Hy-Vee has been at this location since 1991 and added a gas station

Reynolds Asset Management adds 500 units to portfolio with Louisiana acquisitions

Bossier City, LA Reynolds Asset Management (Reynolds) has expanded into Louisiana with the purchase of two multifamily assets in the Shreveport MSA. Working with multiple partners including Devli Real Estate, iintoo, and Newport Capital Group, Reynolds