National News

Stone rejoins Katz & Associates in Chicago

Chicago, IL According to Brian Katz, CEO of Katz & Associates, Marlon Stone will be rejoining Katz. Stone joins as a senior vice president based in Chicago. This will expand Katz’s brokerage work along the eastern seaboard

Katz & Associates promote 5 across several offices

CEO Brian Katz of Katz & Associates announced 2023 promotions for advisors across several Katz offices. Katz said, “2022 was a tremendous year and I’m proud of our entire

Pierson Commercial arranges $2.475 million sale in Hoboken, NJ

Hoboken, NJ Pierson Commercial, a retail-focused commercial real estate brokerage and advisory services firm with offices in New Jersey and New York City, has arranged the $2.475 million sale of a 3,400 s/f commercial condominium

JLL’s Hotels & Hospitality Group close the sale of Hyatt Regency Jersey City

Jersey City, NJ JLL’s Hotels & Hospitality Group has closed the sale of Hyatt Regency Jersey City, a 351-key full-service hotel along the Hudson River

Largo Capital secures $8.95 million refinance for office property in Miami Gardens, FL

Miami Gardens, FL Benjamin Blanton, vice president of Originations at Largo Capital, arranged $8.95 million to refinance a multi-tenant office property. The asset, totaling more than 76,000 rentable s/f, recently underwent

GFI Realty Services arranges $12.5 million sale of 192,000 s/f marina in Miami, FL

Miami, FL GFI Realty Services, LLC has closed on the $12.5-million sale of a 191,664 s/f luxury boutique marina. Sasha Berg, an associate at GFI Realty Services, represented the buyer, Izzy Bard, and

Ross of Largo arranges $16 million for refi of medical office

Laval, QUE Kevin Ross, managing director at Largo Capital Limited, arranges $16 million for the refinance of a medical office

JRM developing multifamily building focused on health and wellness

Jersey City, NJ JRM Construction Management, LLC, (JRM) has begun work on 49 Fisk St., a multi-family ground up building with approximately 322,750 gross s/f, consisting of 337 units. The project team includes architect

Pierson Commercial completes $9 million sale of 301 Washington St. in Hoboken

Hoboken, NJ Pierson Commercial, a leading retail-focused commercial real estate brokerage and advisory services firm with offices in New Jersey and New York City, has arranged the $9 million sale of a retail property along

Cronheim Mortgage secures 75% LTC, 5-year fixed-rate construction financing for Class A self-storage in El Paso, TX

El Paso, TX Cronheim Mortgage has secured a 75% LTC, five-year fixed-rate construction loan for the development of a 151,000+ net rentable s/f, Class A self storage facility. The $12.95 million financing was closed with a local bank and features