Texarkana, TX Continuing its growth in the Sun Belt, New Jersey-based Reynolds Asset Management (Reynolds) acquired two multi-family properties. The 360-unit acquisition, totaling $23 million, is a joint venture with Jeff Juster’s Newport
Los Angeles, CA Cronheim Mortgage has arranged $55.95 million of permanent financing for three Class-A apartment buildings. Andrew Stewart and Allison Villamagna secured financing on behalf of 4SITE Real Estate, a real estate development firm specializing in residential and mixed-use infill properties throughout California
Juno Beach, FL Argo Real Estate, Bsafal, Inc., and Taconic Capital Advisors LP have provided a $160 million construction loan to Chicago-based developers JDL Development and Wanxiang for Caretta, a new luxury residential condominium project
Scottsdale, AZ Tower Capital, a leading capital advisor in CRE financing, is expanding its team with the addition of Geoffrey Harris, a veteran of commercial real estate finance. The growth allows the firm to continue arranging financing for clients
Orlando, FL Max Downing of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a single-tenant property. This 3-year, fixed-rate loan features a 30-year amortization and no prepayment penalty. The property is located
Annapolis, MD Realterm, a global specialist in transportation-advantaged logistics real estate, has completed the acquisition of three IOS truck terminals, totaling 163 doors. Located in Boston, Philadelphia and Providence, the properties
San Diego, CA BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has acquired the Canyon Industrial Center for $70.2 million. The multi-tenant industrial park is located in San Diego’s Kearny Mesa submarket. Situated at 9424-9560 Chesapeake Dr., Canyon Industrial Center
Cleveland, OH National Ladder Safety Month is observed next month, as it is every March. Begun by the American Ladder Safety Institute (ALI), the event raises awareness about ladder safety and encourages employers and their workers to engage
Chalmette, LA Cleeman Realty Group has completed the $10.3 million sale of Park Plaza Shopping Center, a Winn Dixie anchored retail center located at 3300 Paris Rd. The property sits on 4.76 acres and consists of 99,238 s/f. The property was 100%
Orange, CA Savers Value Village Inc., a publicly held, for-profit thrift store retailer, has expanded its Orange County presence with a lease of 25,688 s/f in the Santiago Hills Shopping Center. Located at 8520 E. Chapman Ave., this location will give the Bellevue
