National News

$317 million financing package finalized for Phase 1 of The Crossings at Brick Church Station in East Orange, NJ

East Orange, NJ Triangle Equities, along with investment partners Goldman Sachs and Basis Investment Group and co-developer partner Incline Capital, has finalized a complex financing package totaling approximately $317 million to build

KAI promotes Vetter to principal-Electrical Engineering

Dallas-Fort Worth, TX KAI has promoted H. John Vetter II, PE to principal - Electrical Engineering at its Dallas-Fort Worth office. KAI hired Vetter in September 2021 to the new position of National Electrical Engineering

NAI DiLeo-Bram & Co.’s Team Goski arranges $3.8 million sale of in Garwood, NJ

Garwood, NJ NAI DiLeo-Bram & Co. (NAIDB) has arranged the $3.8 million sale of a 40,000 s/f mixed-use property located at 15-31 North Ave. E. The NAIDB brokerage team of vice president Richard Goski and associate

Maplewood Senior Living receives caring stars 2023 awards for best senior living

Summit County, OH According to Maplewood Senior Living, all three Maplewood Senior Living communities in Ohio are winners of Caring.com’s best senior living: caring stars 2023 awards, recognizing the top-rated senior

Cleeman Realty Group complete off-market sale of supermarket in Harrison, MI

Harrison, MI Cleeman Realty Group has completed the off-market sale of a free-standing Family Fare grocery store. The grocery store is located on North Clare Ave., which sees combined average traffic counts in excess of 8,000 cars per day. The property

Cronheim secures $11.5 million for grocery anchored retail property

Belleville, NJ Cronheim Mortgage has arranged $11.5 million in permanent financing for a 70,450 s/f grocery-anchored shopping center. Allison Villamagna and Andrew Stewart secured the 12-year financing which amortizes over

The Life Properties appoints Harkness as president

Atlanta, GA According to The Life Properties, the property and construction management affiliate of Olive Tree Holdings, Jamin Harkness has joined the firm as president. Harkness will primarily focus on overseeing

New group, JLL Financial Services in the Americas, to serve the financial services industry

Chicago, IL JLL has annouced the formation of JLL Financial Services in the Americas. Led by president Bobby Magnano and vice chairman Giles Wrench, the new group harnesses JLL’s extensive industry expertise, including research

Bendheim features Wall-F Glass at Denver International Airport

Denver, CO At Denver International Airport, a newly expanded gate concourse features the Wall-F Glass system from Bendheim in a new role: as a strikingly simple elevator enclosure

Jaffa of Eastern Union secures $78.575 million refi loan for 12-property, 1,017-unit multifamily portfolio in New Jersey and The Bronx

Alex Jaffa, a senior loan consultant with Eastern Union, one of America’s largest commercial real estate mortgage brokerages, has arranged a $78.575 million loan to refinance a 1,017-unit portfolio of twelve multifamily properties consisting of eleven