Los Angeles, CA At a ceremony attended by members of the Los Angeles Board of Airport Commissioners, Los Angeles World Airports (LAWA) executives and staff and members of the design and construction team, the newest addition to Los Angeles International Airport (LAX)’s multi-billion-dollar Capital Improvement Program broke ground today. The project, Midfield Satellite Concourse (MSC) South, is an extension
Jersey City, NJ Slate Property Group, in partnership with McCourt Partners, announced that it has provided Sequoia Development Group and Bushburg Properties with a $59 million bridge loan to enable the final stages of construction at 711 Montgomery St
Dawsonville, GA Refined, a leading commercial real estate financing firm, announced the recent closing of a 5-year permanent mortgage for a multifamily property. The mortgage transaction was expertly arranged by Joe Hach, a partner at Refined, with a consistent track record of closing deals in the Southeast, particularly
Naples, FL Andover Properties announced the acquisition of a 105,000 s/f self-storage facility. The facility, previously operated as Jim’s Stowaway, will be rebranded under Andover’s Storage King USA brand
Quincy, MA Jay Calnan, CEO of J. Calnan & Associates (JC&A), has been named the EY Entrepreneur of the Year for 2023. The independent panel of judges recognized Calnan's exceptional entrepreneurial spirit, long-term value creation, purpose-driven approach, remarkable growth, and significant impact in his field
Norwalk, CT Clarion Partners LLC and Marcus Partners announced the signing of three new tenants at Merritt 7 Park, including customer engagement and marketing firm Terenity Inc. relocating
strong>Plainsboro, NJ GFI Realty Services, LLC announced the $115-million sale of Addison at Princeton Meadows, a 440-unit garden apartment complex, located at 2821 Pheasant Hollow Dr. The GFI team of Allan Szlafrok, Eli Maryl, Ohad Babo, and Michael Weiser advised the buyer, Colony Hills Capital, in this transaction. The seller is KRE, a Jersey City based real estate investment, development, and property management
Boston, MA Shawmut Design and Construction, a leading $1.3 billion national construction management firm, participated in the 2023 Pan-Mass Challenge (PMC), marking the sixteenth consecutive year the firm has partaken in the two-day bike-a-thon in Massachusetts. This year, Team Shawmut has raised almost $100,000 and counting—accumulating over two million dollars in total fundraising to support Dana-Farber Cancer
Bayonne, NJ Meridian Capital Group has arranged $47.9 million in financing to refinance a portfolio of multifamily properties. The five-year loan features 24 months of interest-only payments, a five-year extension option, and was provided by a balance sheet lender. Meridian managing director, Judah Hammer, and vice president, Daniel Neiss, who are both based in the company’s New York
Palmdale, CA GFI Realty Services, LLC has closed on the $15.75 million sale of a 117.38-acre development site. Trader Joe’s is constructing a 1.03 million s/f distribution facility on the parcel with completion anticipated by the end of 2024. The GFI Realty Institutional Advisory team of Managing Director, Joshua Peck and Group Director, Susan Annis co-brokered this
