National News

VanTrust Real Estate named NAIOP 2023 developer of the year

Seattle, WA NAIOP, the Commercial Real Estate Development Association, has selected VanTrust Real Estate, LLC (VanTrust) as its 2023 Developer of the Year – the association's highest honor. The award will be presented during NAIOP's CRE.Converge conference this

Ross of Largo Capital arranges $1.8 million finance loan

Oshawa, ON Kevin Ross, managing director at Largo Capital Limited, arranged a $1.8 million non-recourse loan to finance a 9,688 s/f retail plaza. The property is currently 100% occupied with a variety of restaurant and food service tenants

Eastern Union secures $14.747 million to refinance two multifamily properties in Mobile, AL

Mobile, AL Eastern Union, one of the country's largest commercial real estate brokerage firms, has arranged $14.747 million in refinancing for two multifamily properties comprising a total of 334 units

The Altman Companies launch Altman Living, an affordable housing division with Schultz as president

Fort Lauderdale, FL The Altman Companies, a nationally recognized developer, builder, and manager of rental apartment communities, announced the launch of a new division, Altman Living, focused on creating affordable and workforce housing. The division intends to address the growing need for affordable housing in our communities and will serve as a strategic investment to complement and enhance the business of The Altman Companies

Avison Young appoints Klaff as U.S. president

Chicago, IL Avison Young announced that Harry Klaff will transition to the role of U.S. president. Klaff’s deep industry knowledge within the firm and the commercial real estate industry will position him to lead Avison Young’s U.S. team, working closely with the firm’s CEO, principals, and executive team. He will continue to operate out of Washington, D.C., overseeing the firm’s U.S. markets

FundRebel to acquire Nine Hollywood, a mixed-use development for $67 million

Hollywood, FL The investment platform FundRebel, LLC announced its first target asset is under contract to be acquired for $67 million. The property, Nine Hollywood, is situated in a high-demand area, centrally located just minutes

JRM Construction West completes Miu Miu relocation

Costa Mesa, CA JRM Construction West has completed a relocation project for Miu Miu at South Coast Plaza. This 2,331 s/f project is located at 3333 Bristol

DIGroup Architecture joins community leaders for redesign & construction groundbreaking

Philadelphia, PA As an integral member of the Paschalville Library assessment and redesign team, DIGroup Architecture (DIGroup) recently participated in the ground-breaking for the $13.2 million reconstruction of this historic 1914-era building, an 11,000 s/f community cornerstone

Logistics Property Company breaks ground on Oak Forest Logistics Center

Oak Forest, IL Logistics Property Company, LLC (“LPC”), a rapidly growing industrial real estate developer, investor, and manager in North America, has commenced

Matthews expands business scope with launch of auction services line

Nashville, TN Matthews Real Estate Investment Services, a commercial real estate investment services and technology firm, announced the launch of its newest service line, Matthews Auction Services. The line will accelerate specialized services and the disposition of property sales through auction. Matthews hired industry expert Robert Anderson as vice president of Auction Services to lead the service line and facilitate tactical growth