Naples, FL Kevin Coscia, managing director at the Largo Group of Companies, secured a $18 million, 75% LTC construction loan for a 124 key Hampton Inn & Suites. Naples is currently experiencing a population boom and record-breaking tourism. The greater Naples area has grown
Vancouver, WA LRS Architects has completed its design work for a new apartment complex as a part of the revitalized Vancouver Waterfront, The Columbia. The seven-story, 300,000 s/f complex is a 248-unit U-shaped building with unobstructed views of the Columbia River and access to a variety of amenities
Philadelphia, PA BG Capital, a Philadelphia-based commercial real estate investment firm, announced a new strategic real estate partnership with New Jersey based cold storage operator FreezPak Logistics to
Chicago, IL JLL has acquired Metropolitan Valuation Services (MVS), one of the largest independent commercial property appraisal and real estate consulting firms in the greater New York metropolitan area.
Philadelphia, PA Faropoint, a leading real estate investment firm, has completed the sale of 109 last-mile logistics buildings to a private buyer for $481 million. The portfolio consists of 6.8 million s/f of warehouse space largely concentrated in Atlanta, Philadelphia, Houston and Memphis.
South Plainfield, NJ JLL Capital Markets has arranged a $25 million construction loan for Bridge Point South Plainfield, an under construction, 189,059 s/f, Class A warehouse and distribution
Boca Raton, FL Axiom Capital Corp. has structured and arranged a $8.475 million permanent loan (10-year loan, fixed rate, non-recourse) for the acquisition of a single tenant retail
Paterson, NJ JLL Capital Markets has arranged acquisition financing for a fully leased, 66,000 s/f light industrial building with nearly an acre of outdoor storage space.
San Deigo, CA An important classified facility at the Point Loma Naval Base is sporting new windows as it overlooks the Pacific Ocean. The building, which has been described as a modern day “technical lighthouse” for US Navy ships
Mountainside, NJ Dave Carswell, managing director at Largo Capital, arranged $10.53 million in acquisition financing for a pair of industrial buildings. The properties consist of 80,000 s/f and are situated on 9 acres directly off U.S. Route 22.