National News

Kay Properties & Investments brought custom DST offerings full cycle on behalf of multiple 1031 exchange and cash investors

Chicago, IL Kay Properties & Investments, a nationally recognized Delaware Statutory Trust 1031 Exchange investment firm, successfully brought one of its custom Kay Properties

Treeline acquires 80 acre industrial asset in NC

Wilmington, NC Treeline, a New York-based value-add real estate developer, owner and investor in office and industrial properties, has acquired an 80-acre industrial site in Wilmington, NC and

Katz & Associates names new hires in New York and Florida

Boca Raton, FL According to Brian Katz, CEO of Katz & Associates, they have completed three new hires: Michael Peguero and Sean Philipps are joining Katz’s New York office, and Robert “Sonny” Nuchereno joins Katz’s Boca office. All will work on tenant and landlord representation.

Capstone closes on sale of 17,000 s/f motel for $4 million

Denver, CO Capstone has closed the sale of Travelers Uptown Motel, 17,614 s/f hospitality property for the sale price of $4 million. Sean Holamon of Capstone represented the buyer on

Largo arranges 95% LTC acquisition financing for office building in Winter Park, FL

Winter Park, FL Kevin Coscia, managing director at the Largo Group of Companies, secured $2.35 million in acquisition financing for a 5,000 s/f suburban office buildin. The building will be 100% owner occupied by one of the largest privately-owned, registered investment advisory firms in Central Florida

Five Below is opening in Nassimi Realty-owned Botany Plaza

Clifton, NJ Five Below, the American chain of specialty discount goods, is opening a location as a new tenant at Botany Plaza. The space is approximately 10,000 s/f and construction will begin this month, with

The Betesh Group signs lease for 18,000 s/f in Ironside Newark

Newark, NJ Edison Properties, a privately-owned real estate holding and development company, has signed a 15-year lease with The Betesh Group, a privately held, multi-million dollar consumer products company, for 18,000 s/f of office space in Ironside

Katz & Associates represents Seymour St. redevelopment for downtown Montclair revitalization project

Montclair, NJ Katz & Associates is bringing retail and entertainment experiences to the Seymour St. redevelopment project. Katz’s Brian Katz and Amy Staats are exclusive retail leasing agents

Gebroe-Hammer Associates’ $63.5 million sale of Northwoods Estates is first stage of classic multifamily 1031 exchange

North Brunswick, NJ As part of the first stage of a classic multifamily 1031 Exchange, Gebroe-Hammer Associates has arranged the off-market $63.5 million sale of Northwood Estates Apartments, a 253-unit garden

Lionheart and Bank OZK provide $150 million in funding for residential development in Miami

Miami, FL Lionheart Strategic Management LLC (Lionheart), an SEC-registered investment advisor that was formed in 2017 as the asset management affiliate of Fisher Brothers, will be providing a $45 million