National News

Gebroe-Hammer Associates’ $63.5 million sale of Northwoods Estates is first stage of classic multifamily 1031 exchange

North Brunswick, NJ As part of the first stage of a classic multifamily 1031 Exchange, Gebroe-Hammer Associates has arranged the off-market $63.5 million sale of Northwood Estates Apartments, a 253-unit garden

Lionheart and Bank OZK provide $150 million in funding for residential development in Miami

Miami, FL Lionheart Strategic Management LLC (Lionheart), an SEC-registered investment advisor that was formed in 2017 as the asset management affiliate of Fisher Brothers, will be providing a $45 million

Kay Properties & Investments has brought a DST offering full cycle

Winston-Salem, NC Kay Properties & Investments has successfully brought one of its custom Kay Properties DST offerings full cycle on behalf of multiple 1031 exchange and cash investors

G.S. Wilcox & Co. arranges $19.4 million in financing for two office buildings

New Jersey & Pennsylvania G.S. Wilcox & Co. has arranged $19.4 million in financing for two office buildings. Both financings were secured by the team of partners, Wesley

Sagamore Ventures and Goldman Sachs welcome MAG Partners and MacFarlane Partners to Port Covington development team

Baltimore, MD Sagamore Ventures and the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) have added to the development and investment team for Port Covington that brings together

Flanagan joins PS&S

Warren, NJ Andrew Flanagan, Professional Land Surveyor (PLS) has joined PS&S, a full-service architecture, engineering, design, surveying and environmental firm with a 60-year

JLL Capital Markets secures $215 million refinancing for mixed-use portfolio in Pennsylvania and Maryland

MD & PA JLL Capital Markets has arranged $215 million for the refinancing of a 30-property portfolio totaling 1.67 million s/f of retail and medical and traditional office space

Churchwick Partners and Rockledge purchase nine extended stay hotels

Various Locations, USA Churchwick Partners, David Kaye and Joe Listhaus of Rockledge have purchased nine extended stay hotels across six states. The total transactions consisted of 1,085 keys and were sold by 3 different sellers

Progress Capital arranges $160 million refinance for apartment complex

Jersey, City, NJ Kathy Anderson, founding partner of Progress Capital began exploring options for a permanent loan with Art Johnson in November 2021 to replace construction financing for 629 MF units at

Silverstein Properties acquires Florida development site from 1754 Properties and Triangle Capital Group

Tampa, Fl Silverstein Properties, a global full-service real estate development, investment, and management firm has completed the acquisition of a 34,000 s/f site. The property was acquired