National News

Merchants Capital secures $100+ million for affordable housing development

Austin, TX Leading financial services provider Merchants Capital has secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation of Travis Park Apartments, an affordable housing

Cronheim Mortgage arranges life-co financing for retail property

Hoboken, NJ Brandon Szwalbenest, Dev Morris, and Andrew Stewart secured financing for a two-tenant retail property on behalf of a prominent NJ-based real estate developer with a sizable portfolio of multifamily

Institutional Property Advisors brokers sale of grocery-anchored regional power center

Hamilton Township, NJ Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has completed the sale of Hamilton Marketplace, a grocery-anchored regional power center. The center

BKM Capital Partners acquires 250,000 s/f industrial park for $50.7 million

Portland, OR BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has acquired Tigard Business Park, a 256,084 s/f light industrial park. The $50.7-million acquisition is

Dealpath appoints Hung as CFO

San Francisco, CA Dealpath, the real estate industry’s leading investment and deal management platform, have appointed Pei Hung as its CFO. She will be responsible for leading Dealpath’s financial

Gorski joins Portier USA as vice president

strong>Chicago, IL According to Portier USA, Steve Gorski has joined the company as vice president. In his new role, the parking and mobility industry veteran will oversee Portier’s operations throughout the

Red Oak Capital Holdings provides $5.5 million for Gulf Coast LIHTC asset

Ocean Springs, MS Red Oak Capital Holdings, LLC has provided $5.46 million in financing for The Breakers Apartments, a 96-unit garden apartment community. The loan was written under the firm’s Core-Plus Bridge

ArentFox Schiff relocates to Carr Properties’ Midtown Center

Washington, DC According to Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, ArentFox Schiff, a nationally-renowned law firm

Adams of Capstone brokers $1.45 million sale

Canon City, CO Capstone has closed the sale of 512 & 528 Yale Place, a two 4-unit multifamily properties in Canon City for the sale price of $1.45 million. Benton Adams of Capstone brokered the transaction

Lion Adds 190-Unit, Off-Market Multifamily Asset in Houston to National Portfolio

Houston, TX Lion Real Estate Group, LLC ("LREG"), a Dallas-headquartered real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, acquired