National News

Marty Hennessy celebrates 25 years at Katz & Associates

Englewood, NJ Marty Hennessy, president, Katz & Associates is celebrating 25 years at Katz this month. Hennessy has many notable credits to his name, including: successfully negotiating thousands of real estate transactions over the past 30+ years, opening the Katz Florida

Vivian of Largo Capital secures $10 million in financing for two hotels

Oklahoma City, OK Katie Vivian, hotel loan originator at Largo Capital, Inc., secured $10 million in financing for two existing limited-service hotels in OKC, Oklahoma and Brownwood, TX. The loan proceeds were used to acquire the 72-key Hampton Inn (OK) and refinance the debt on the 71-key La Quinta Inn

Besen National Team complete the sale of a 129-unit apartment complex

Houston, TX Besen Partners has completed the sale of Trafalgar Apartments, a 142,395± s/f apartment complex located on Briarhurst Dr. between Westheimer Rd. and Fairdale Ln. The Besen National team secured an above-market offer on behalf of a pre-existing

Team Betesh arranges $110 million in financing to refinance an office property in Stamford

Stamford, CT Meridian Capital Group arranged $110 million in financing to refinance an office property. The financing was provided by a balance sheet lender and was negotiated by Meridian senior managing director, Morris Betesh,

Tishman Speyer acquires land beneath its 50 and 55 Hudson residential developments

Jersey City, NJ Tishman Speyer today has acquired the land tied to its ongoing mixed-use development in Jersey City. The two-tower development at 50 and 55 Hudson St. will incorporate nearly 2,000 new apartments, over 70,000 s/f of retail and an approximately

Cronheim secures $6 million permanent financing for 74-unit mid-rise apartment building

Hackensack, NJ Cronheim Mortgage has arranged $6 million of long-term financing for the Grand Imperial Apartments, a 74-unit mid-rise apartment building. Andrew Stewart, Dev Morris, and Allison Villamagna placed the loan with Farm Bureau Life Insurance Company

Silber Investment Properties opens
new office in La Jolla

La Jolla, CA Silber Investment Properties (SIP), a Long Island-based commercial real estate brokerage firm, has expanded with the opening of their newest office. The brokerage firm’s new West Coast base of operations, located at 875 Prospect St.

JLL has arranged the sale of three seniors housing communities

Wildwood, MO JLL Capital Markets has arranged the sale of three seniors housing communities across the St. Louis and Kansas City MSA’s. The communities are located in Wildwood, MO, Town & Country, MO and the Burlington Creek area of Kansas City, MO, and were acquired as a three-property portfolio by a venture

BDP Holdings LLC and JLL to build 130,000 s/f office development

Montclair, NJ BDP Holdings LLC, a New Jersey based real estate investment company specializing in the acquisition, development and repositioning of real estate, and JLL have launched The Iris, a new, ground-up 130,000 s/f office

Capstone closes the off-market sale of 1690 Swadley St., 3,600 s/f multifamily property for $1.375m

Applewood, CO Capstone has closed the off-market sale of 1690 Swadley St., a 3,600 s/f multifamily property for the sale price of $1.375 million ($171,875/Unit). Sam Bretz of Capstone represented the seller and Benton Adams of Capstone represented the buyer