National News

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

Cronheim arranges $124 million for 458-unit residential tower in Jersey City

Jersey City, NJ Cronheim Mortgage secured $124.1 million in financing for the Grove Pointe Apartments, a 458-unit residential tower located at 100 Christopher Columbus Dr. Andrew Stewart, Dev Morris, and Allison Villamagna secured the financing on behalf of

Faropoint acquires two industrial parks in northern New Jersey for $144.5 million

Hoboken, NJ Faropoint has acquired industrial parks in Allendale and Mahwah totaling 770,064 s/f. The industrial centers, located in the North Bergen County submarket, were acquired for a combined $144.5 million.

Colliers Mortgage adds Lee and Yazdi as it expands its West Coast presence

Los Angeles, CA Colliers Mortgage, the debt financing arm of Colliers | U.S., appointed industry veterans Jonathan Lee and Shahin Yazdi as executive managing directors in the firm’s local office to expand its West Coast presence.

Spectorgroup opens Miami office

Miami, FL Spectorgroup has opened its office in the Central Business District. For more than 50 years, the New York-based firm has shaped the built environment for projects that intersect all markets, including commercial, workplace, financial,

Landau Props. begins sales for Indian Creek Residences & Yacht Club

Miami, FL Landau Properties have begun sales for Indian Creek Residences & Yacht Club on Bay Harbor Islands. The boutique building offers nine condominium homes and six yacht slips, providing one of the only private yacht

CrownPoint Group acquires 14.5-acre development site - plan 125-unit apartments and townhomes

Randolph, NJ CrownPoint Group Inc. (CrownPoint) has acquired a +14.5-acre development site for an undisclosed price that is fully approved for multifamily development in the Morris County township. Located at the intersection of West Hanover Ave.

Ensemble/Mosaic obtains investment for Philadelphia Navy Yard project from Basis Investment Group

Philadelphia, PA Ensemble Investments (Ensemble) and Mosaic Development Partners (Mosaic), in partnership with Korman Communities (Korman), have secured and completed debt and equity financing for the first residential project at the Navy Yard.

Aircuity introduces adaptive airflow application for cleanrooms

Norwood, MA Aircuity, the global leader in creating healthy and sustainable buildings announced the launch of its cleanroom application that delivers adaptive airflow for cleanrooms allowing for carbon reduction,