National News

KIPP DC relocates headquarters to Carr Properties’ Signal House

Washington, DC According to Carr Properties (“Carr”), an owner, operator, and developer of commercial office and residential properties, KIPP DC, a community of public schools, signed an approximately 16,000 s/f, long-term lease at Signal House, an office building located

BH Properties signs Ross Dress for Less to a 26,000 s/f lease

Caguas, PR BH Properties, a vertically integrated, value-add real estate investment company based in Los Angeles, has signed Ross Dress for ...

Thorofare Capital provides financing for Dream Aspen Creek

Tulsa, OK Thorofare Capital (“Thorofare”), an affiliate of asset management platform Callodine Group, LLC, has provided a $23 mi...

TruAmerica acquires 300-unit multifamily property

Plano, TX TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Sheridan Park at Spring Creek Apartments, a 300-unit multifamily property. The transaction purchase price, comprised of $50.3 million, includes the building

Cronheim Mortgage secures $44.5 million for cash-out residential refinances

Bethlehem, PA Cronheim Mortgage has secured $44.5 million to refinance two garden-style residential complexes. The cash-out transaction offered an opportunity for the sponsor, Larken Associates, to harvest equity for other development projects

BH Properties acquires premier 405,250 s/f mixed-use hazard center

San Diego, CA BH Properties (“BH”), a vertically integrated, value-add real estate investment company, continues its streak of acquisitions with the purchase of Hazard Center, a 405,250 s/f mixed-use campus. Terms of the transaction

Unilever leases 111,000 s/f for its U.S. headquarters at SJP’s waterfront corporate center I

Hoboken, NJ In one of the largest Northern New Jersey office leases of the year, Unilever (NYSE: UL), the world’s sixth largest consumer goods company, has selected SJP Properties’ Waterfront Corporate Center I for its U.S. Headquarters

Partner ESI moves to new east coast headquarters

Asbury Park, NJ Partner Engineering and Science, Inc. (Partner) announced the August opening of its new office building. The office, which is set to open on August 26 pending final inspection, will serve as Partner’s east coast headquarters

Global Bakery acquires 30,000 s/f light industrial/flex property in transaction arranged by NAI DiLeo-Bram & Co.

West Caldwell, NJ A global brand of hand-crafted gourmet pastries, coffee and tea has acquired a 30,000 s/f industrial property in a sale arranged by NAI DiLeo-Bram & Co. (NAIDB) for an undisclosed price. The property, which is located at 8 York Ave.

BKM Capital Partners executes $110 million recapitalization with global investment manager

Newport Beach, CA BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has executed a $110 million recapitalization of a five-property light industrial portfolio. The transaction also marks an expansion of BKM’s partnership