National News

Avatar Financial Group LLC provides $56-million loan for redevelopment project

Boulder, CO Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $56-million loan that will help to bring Williams Village, one of the largest

Cronheim Hotel Capital secures $18.2 million for the Aloft Hotel

Newport, KY Cronheim Hotel Capital (CHC) has secured $18.2M for the acquisition of the Aloft Hotel, directly across the Ohio River from downtown Cincinnati. The financing was originated with a regional bank and provided attractive

NewPoint provides $17.75 million bridge loan for multifamily acquisition

Somerset, NJ NewPoint Real Estate Capital’s has completed a $17.75 million bridge-to-HUD loan for Brentwood Park, a 77-unit multifamily property. This deal showcases NewPoint’s ability to deliver fast, tailored financing

Cronheim secures financing for 220,000 s/f chocolate manufacturing facility

North Canton, OH Cronheim Mortgage has arranged $5 million in leasehold financing for a single-tenant industrial facility. Allison Villamagna, Dev Morris, and Andrew Stewart placed the financing with one of Cronheim’s long-standing

Tower Capital arranges $100 million in construction financing for two Sunbelt BTR developments

Scottsdale, AZ Tower Capital arranged nearly $100 million in construction financing for the development of two Build-to-Rent (BTR) communities in Phoenix, AZ and Dallas, TX. Tower Capital’s Kyle McDonough, managing partner and co-founder

Marcus & Millichap’s IPA Capital Markets facilitates $165.9 million multifamily financing

Alexandria, VA IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI) specializing in capital markets services for major private and institutional clients, has successfully arranged $165.9 million in financing on

BKM Capital Partners & Stepstone Real Estate complete recapitalization of 748,756 s/f multi-tenant industrial property for $154 Million

Henderson, NV BKM Capital Partners (BKM), a leading real estate investment firm specializing in light industrial and logistics properties, completed the successful $154 million recapitalization of Pacific Business Center

Avatar provides $6.5 million for Oregon service station

Talent, OR Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has closed on a $6.5-million bridge loan secured by a Union 76 Travel Stop

Largo Capital, Inc. secures $12 million financing of three-property U.S. grocery portfolio

New York, NY Kevin Ross, managing director of Largo Capital, Inc., secured $12 million permanent first mortgage to finance a three-property U.S. grocery portfolio consisting of two Shaw’s and one Winn-Dixie. The properties, offering a total of 150,719 s/f of retail space,

Los Angeles buyer, ShainRealty Capital, expands Dallas footprint with “Yorktown Luxury Apartments,” acquisition for $39.5 million

Dallas, TX A 226-unit apartment complex located at 660 Yorktown Street has sold. The seller, Nuveen Real Estate, has sold the 2016-built, Class A property to ShainRealty Capital, a Los Angeles privately-owned real estate investment firm