National News

Standard Communities hires Qumseya as chief development officer

Washington, D.C. Standard Communities, a leading national multifamily affordable housing investor and developer, has named Feras Qumseya as chief development officer. This is a new position created to lead the New Construction division, a national platform, focused on leveraging

Cronheim secures $49 million permanent financing for apartments in Hillsborough, NJ

Hillsborough, NJ David Turley and Janet Proscia of Cronheim Mortgage have secured a $49 million permanent take-out financing for Hillsborough Village Center. Cronheim secured a commitment from a New Jersey bank for a 7-year term

Buro Happold adds offices and leaders across the country

Pursuing a forward-looking trajectory and new growth, Buro Happold has advanced its leadership in engineering and consulting with appointments in markets where they now have growing offices: Atlanta and San Diego. These most recent hires include

KWK Architects completes new mixed grade Wagoner Hall at Augustana University

St. Louis, MO South Dakota’s largest private university, Augustana University, has made the shift to mixed-grade housing for the 2022-2023 school year with the recent completion of Wagoner Hall designed by St. Louis-based KWK

Lee & Associates Nashville transition from a satellite office to a freestanding offive

Nashville, TN According to Lee & Associates, a broker-owned commercial real estate firm in North America, their Nashville, TN office has transitioned from a satellite office to a freestanding office, granting them access

Cleeman Realty Group arranges the $7 million off-market sale in Crestview, FL

Crestview, FL Cleeman Realty Group has closed the $7 million sale of Northcrest Shopping Center, a 55,152 s/f, Publix-anchored property. Michael Cleeman of Cleeman Realty Group represented the seller

Island Associates complete three leases for retail space in FL

Island Associates successfully negotiated three lease agreements for retail space at Sunrise Plaza in Brooksville, FL and Marion Oaks Plaza in Marion Oaks, FL. Lady Dawg Internet Cafe entered a lease agreement for 3000

Greystone provides $39 million in Freddie Mac financing for 10-property multifamily portfolio in Newark, NJ

Newark, NJ Greystone, a leading national commercial real estate finance company, has provided $39.173 million in Freddie Mac Optigo Small Balance Loans (SBL) to refinance a portfolio of 10 multifamily properties consisting

Beti announce $11 million strategic growth investment led by PSG

Tel Aviv, Israel Beti, a cloud-based construction site management software specializing in safety, labor management and quality assurance solutions, which aim to boost onsite productivity, announced an $11 million strategic growth investment

CIT serves as lead arranger on $419 million in financing for power facility in SC

Gaffney, SC According to CIT, a division of First Citizens Bank, its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility