National News

Ross of Largo Capital secures $18.8 million in financing

Montreal, QC Kevin Ross of Largo Capital Limited secured financing in the amount of $18.8 million for a 337,000 s/f property. The Montreal industrial market has remained one of the hottest in North America

Cronheim secures $50 million for Tice’s Corner

Woodcliff Lake, NJ Cronheim Mortgage has secured $50 million in permanent financing for Tice’s Corner, a 120,000 s/f lifestyle shopping center. Dev Morris, Andrew Stewart, and Allison Villamagna structured the loan on a 10-year

Verada leases 5,900 s/f retail space for Rock Spot Climbing

New Haven, CT Acording to Verada, Rock Spot Climbing has signed a new 15 year lease for 5,935 s/f at 44 Olive St. The development, Olive and Wooster, features 299 residences for lease and 8,000 s/f of retail space on Olive St

Hach of Refined arranges $4.9 million mortgage for construction of spec house

Pinecrest, FL According to Refined, Joe Hach has arranged a $4,994,865 mortgage for the construction of a spec house. The proceeds covered 80% loan-to-purchase-price and 85% of hard and soft construction costs. The deal featured a competitive interest

Kalikow Group continues Southeast expansion in North Carolina

Charlotte, NC The Kalikow Group, a fourth-generation, New York development and management firm based in Westbury, NY is marking milestones on each of its three new residential projects based in North Carolina:

Shitrit of Refined arranges $812,500 in financing for multifamily property

Houston, TX According to Refined, Ariel Shitrit has recently arranged $812,500 in permanent financing for a multifamily property.

Rosewood Realty Group sells Memphis 802-unit portfolio for $33.1 million

Memphis, TN Rosewood Realty Group, a new York-based investment sales firm, has delivered the $33.1 million sale of a three property portfolio with 802 units.

FreezPak Logistics, BG Capital partnership set to develop 30-acre parcel outside Houston, TX

Houston, TX The newly created strategic partnership between Philadelphia-based BG Capital and NJ-based FreezPak Logistics announce the acquisition and planned development of their second new construction cold-storage facility as part of their effort to build a network of cold storage distribution

Urban Edge Properties signs UFC FIT Club to 16,000+ s/f lease at The Plaza at Woodbridge

Woodbridge, NJ Urban Edge Properties (NYSE:UE) announced that a first-to-market fitness experience, UFC Fitness, is coming to The Plaza at Woodbridge. This new 16,810 s/f gym will be a UFC FIT Club, designed to showcase the best of what UFC Gym has to offer in terms of facilities

Cronheim secures $17.6 million pre-stabilized permanent financing for 92 units in FL

Cronheim Mortgage has secured permanent financing for two newly-developed luxury multifamily communities in Florida: Aviara Green and the Aviara Lake Worth. Andrew Stewart, Allison Villamagna, and Dev Morris secured the financing on behalf of subsidiaries of MAG Real Estate & Development, a full-service development