National News

KNPRE 1031 acquires FedEx ground distribution facility

Lansing, MI Keystone National Properties (KNPRE), a real estate sponsor that specializes in impact and tax advantaged investment opportunities for accredited investors, has acquired a FedEx Ground distribution facility

Axiom Capital funds single tenant retail in Teaneck, NJ

Teaneck, NJ Axiom Capital Corp. has structured and arranged a $2.1 million permanent loan (4-year loan, fixed rate, non-recourse) for the refinance of a single tenant freestanding retail

$19.8 million sale of Leonia, NJ garden-apartment complex arranged by Gebroe-Hammer Associates

Leonia, NJ Gebroe-Hammer Associates has arranged the $19.8 million sale of Grand Lee Apartments, an 80-unit garden-style property. Vice president Joseph Gehler, along with sales representative David Betesh, exclusively represented

Ross of Largo arranges $8.25 million for acquisition of an industrial building in Quebec

Kevin Ross, managing director at Largo Capital Limited, arranged $8.25 million for the acquisition of an industrial building located in St-Eustache, Quebec. The subject property was renovated in 2019 and has a layout

Colligan of Largo arranges $6.71 million for acquisition of multifamily property

Carlisle, PA Neal Colligan, principal at Largo Capital, arranged $6,71 million for the acquisition of a 120-unit multifamily property. The property, currently 98% occupied, consists of 15 buildings that contain

Gebroe-Hammer Associates names Gehler to vice president

Philadelphia, PA Gebroe-Hammer Associates, the nationally ranked multifamily-focused investment sales brokerage firm, has named Joseph Gehler to the role of vice president and is the newest member of its management team, according

BEB Lending provides $5 million in acquisition financing for 87,000 s/f industrial property in Kearny, NJ

Kearny, NJ BEB Lending, the finance platform of BEB Capital, announced today it has provided a $5 million, 18-month bridge loan for the acquisition financing of an 87,000 s/f industrial property on 2.44 acres at 244 Duke St. The financing

Kalikow Group sells 9.5 acres to Harris Teeter

Apex, NC The Kalikow Group, a fourth-generation, New York development and management firm and Experience One LLC, has sold to Harris Teeter, a Matthews, NC-based grocer, 9.5 acres of land for a 64,000 s/f grocery store/gas station

ShainRealty Capital completes first company disposition of 200-unit multifamily portfolio

Chicago, IL A 200-unit multifamily portfolio has sold. The SR8 Portfolio, encompassing eight properties within a 2-mile radius, sold to a local Chicago syndicate, led by Eagle Infinite Investments. The transaction marks

Axiom Capital funds industrial property in Palm Coast, FL

Palm Coast, FL Axiom Capital Corp. has structured and arranged a $3.1 million bridge loan for the refinance of a 139,801 rentable s/f multi-tenant, industrial property