National News

Nassimi Realty acquires 100,000 s/f
Joffco Square retail center in Chicago for $9.25 million

Chicago, IL Nassimi Realty, a New York-based real estate development company, has acquired Joffco Square, a premier retail center located at 555 West Roosevelt Rd. for $9.25 million. The 100,000 s/f property

BKM Capital Partners completes $750 million of transactions rhrough Q3 2024

Newport Beach, CA BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has closed on more than $750 million worth of transactions during the first three quarters of 2024, strengthening both

DIGroup Architecture selected to design Saddle River Day School’s hall of science & entrepreneurship

Saddle River, NJ DIGroup Architecture (DIG), a leading MBE/DBE/SBE-certified architecture, interiors and environmental-graphics design firm specializing in educational spaces, has been selected to design the new Hall

BLG Capital achieves LEED Platinum and BREEAM certifications for Soho House Istanbul and Peninsula Istanbul

Istanbul, TR According to BLG Capital, Soho House Istanbul and The Peninsula Istanbul have both received Leadership in Energy and Environmental Design (LEED) Platinum and Building Research Establishment Environmental

Ross of Largo Capital secures $15 million refinancing of 90,000 s/f industrial building

Oakville, ON Kevin Ross, managing director at Largo Capital Limited secured a permanent first mortgage to refinance the existing debt on a fully occupied, multi-tenanted industrial

NAI DiLeo-Bram & Co. adds Teixeira as vice president

Woodbridge, NJ NAI DiLeo-Bram & Co. (NAIDB), a leading commercial real estate firm, expanded its brokerage team with the addition of Priscilla Teixeira, who is joining the firm as a vice president. With over two decades

Standard Communities makes first investment in Michigan with ground up affordable community

Kalamazoo, MI Standard Communities, a leading national multifamily affordable housing investor and developer, is making its entry into Michigan, in a joint venture with River Caddis Development participating in a public private partnership creating a ground-up

Time Equities Inc. expands industrial portfolio with the acquisition of 445 Industrial Drive for $2.35 million

Ridgeway, VA Time Equities, Inc. (TEI), a full-service real estate firm with headquarters in New York City, has acquired 445 Industrial Drive (445 Industrial), an approximate 100,000-s/f industrial building in for $2.35 million

Cronheim Hotel Capital arranges local bank financing for master-leaked Motel 6 and PJ's Pancake House

Lawrenceville, NJ Cronheim Hotel Capital (CHC) arranged financing for the Motel 6 Lawrence Township, a 104-key, economy-class motel. Brandon Szwalbenest and Andrew Stewart secured the financing from a local bank lender

Ugly Dumpling joining Briarcliff Commons

Morris Plains, NJ According to Urban Edge Properties (NYSE:UE), Ugly Dumpling is opening at Briarcliff Commons in the former Harmons location. The 179,520 s/f shopping center is now 100% leased and