National News

Denholtz acquires luxury apartment complex for $89 million

North Bergen, NJ Denholtz has purchased a North Bergen apartment complex with 214 apartments for $89 million dollars. The complex, "Solo at North Bergen" at 4828 Tonnelle Ave., features one five-story building with 76 units and 3 three-story buildings

CBRE appoints Barr to lead Americas retail leasing

Dallas, TX CBRE announced that it has appointed industry veteran Laura Barr as Americas Retail Leader for its Advisory & Transaction Services line of business. In this role, Barr is responsible for CBRE’s Retail leasing growth strategy and

Standard Communities leads public private partnership acquiring 100% affordable community in Hawaii

Honolulu, HI Standard Communities, a major national affordable housing investor and developer, has led a public-private partnership with the State of Hawaii, United States Department of Housing and Urban Development (HUD), Honolulu-based Stanford Carr Development

Katz & Associates represents 85°C Bakery Cafe in expansion

Englewood, NJ 85°C Bakery Cafe, with more than 1,000 stores worldwide, is setting its sights on the U.S. East Coast. The Taiwanese bakery cafe has retained Katz & Associates for a U.S. East Coast expansion. Katz’s Amy Staats is representing 85°C Bakery

DIGroup Architecture is honored at inaugural Empowering Women 2023 Awards

strong>Somerset, NJ DIGroup Architecture (DIG) recently joined more than 50 companies, organizations and individuals being celebrated at the Inaugural Empowering Women 2023 Awards. The flagship event was held at the Doubletree by Hilton Somerset to recognize those

Vivian of Largo Hospitality arranges $10.2m financing for 95-room Fairfield Inn & Suites

Port Wentworth, GA Katie Vivian of the Largo Hospitality Finance Group secured a $10.2 million first mortgage to take out the construction debt on a 95-key Fairfield Inn & Suites. The hotel, situated just off I-95 in, opened in May 2021.

Dottid upgrades insights with portfolio performance

Dottid announced that the leading proptech solution is now offering upgraded insights with the release of their holistic and customizable portfolio performance visualizer. Dottid users can now get a snapshot of potential risks, occupancy trends, target industries, important tenants, and more for even smarter portfolio decision-making. Portfolio performance is the newest product added to Insights, next to dynamic projections and leasing performance

Landau Properties closes on $29 million construction loan for Indian Creek Residences & Yacht Club

Miami, FL Landau Properties, a real estate development firm based in New York and South Florida, announced a significant construction loan for the upcoming Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands. Landau Properties

Institutional Property Advisors closes $61 million multifamily asset sale

Goodyear, AZ Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Cabana Encanto, a 286-unit attainable housing asset. The $61 million sale price represents $213,287 per unit and $354 per s/f.

The Paradox Museum, built by JRM Construction Management, has opened to the public

East Rutherford, NJ The Paradox Museum has finally been completed and is ready for visitors. Built out by JRM Construction, the museum features over 70 interactive exhibits for guests to immerse themselves in and enjoy. Located at The American Dream Mall