National News

Lendlease military housing communities earn multiple SatisFacts awards for resident satisfaction

Nashville, TN According to Lendlease, a global real estate and investment group WinnResidential Military Housing Services, the firm providing property management and maintenance services for Lendlease’s privatized military housing communities

DIGroup Architecture promotes Haas and Koehler

New Brunswick, NJ DIGroup Architecture has appointed Kate Haas and Debbie Koehler to the role of associate in a move that deepens the firm’s leadership team and reflects its continued growth and empowerment of women. The appointment

Crow Holdings, Elmwood Park celebrate 25 Market St. grand opening

Elmwood Park, NJ Mayor Robert Colletti, local dignitaries and community stakeholders joined Crow Holdings Development (CHD) to celebrate the grand opening of 25 Market St. A ribbon cutting ceremony for CHD’s new, 207,000 s/f, class A commercial building marked a new beginning for the site

Cronheim secures $17.5 million life insurance company financing for grocery-anchored retail

East Windsor, NJ Cronheim Mortgage has arranged $17.5 million for the financing of two grocery-anchored shopping centers: Town Center in East Windsor and Garwood Mall in Garwood. Andrew Stewart, Dev Morris, and Allison Villamagna secured the financing on behalf of a New Jersey-based real estate firm specializing in the development

Logistics Property Company appoints Kindlon as executive vice president - head of asset management

Chicago, IL Logistics Property Company, LLC has appointed Lindsay Kindlon as executive vice president - head of asset management. Kindlon will be based out of the company’s Chicago headquarters. She will be responsible for partnering with the Logistics Property Company team

Coscia of Largo Capital, Inc. secured a permanent first mortgage to refinance a Ramada by Wyndham Hotel

Venice, FL Kevin Coscia of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a 146-room Ramada by Wyndham Hotel. The five-year, fixed-rate loan will be amortized for 25 years with flexible prepayment. The property features an outdoor pool, fitness center, 24-hour lobby pantry

NAI DiLeo-Bram & Co. signs three new vein center office leases

Woodbridge, NJ Two separate vein centers have leased more than 11,200 s/f of office space across three separate buildings in New Jersey’s Mercer, Morris and Middlesex counties under a series of recent lease agreements arranged by NAI

Reynolds Asset Management acquires two multi-family properties in Texarkana with joint venture

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

Cronheim secures $55.95 million permanent financing for multifamily portfolio

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

Argo RE, Bsafal, and Taconic Capital Provide $160 million Construction Financing to developers of luxury condominium project

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