National News

Zenith IOS and J.P. Morgan Asset Management execute lease for 18-acre industrial outdoor storage build to suit

Clearwater, FL According to Zenith IOS (“Zenith”) the platform, in partnership with institutional investors advised by J.P. Morgan Asset Management, has executed

BKM Capital Partners acquires 153,368 s/f infill light industrial park for $21.3 million

Las Vegas, NV BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has acquired Escondido Business Park, a two-building multi-tenant light industrial park 

MGAC expands UK presence with Flint + Partners acquisition

London, UK MGAC, a global project and cost management consultancy, is strengthening its UK presence by adding Flint + Partners, a boutique construction consultancy providing strategic advisory, project management, and cost management

Logistics Property Company closes $205 million five-project permanent loan

Chicago, IL Logistics Property Company, LLC, (LogiPropCo) a modern logistics real estate developer, investor, and manager, successfully closed a $205 million permanent loan with PGIM Real Estate through its core lending strategy in May 2024

Red Oak Capital Holdings provides $4.5 million for central Oregon conversion

North Bend, OR Red Oak Capital Holdings, LLC has provided a $4.55 million loan for Eagle Crest Village Apartments, a 98-unit residential community. The funds will be used to retire the existing debt and complete renovations on the garden

Blanton of Largo Capital secures $3.35 million in financing for 28,000 s/f retail property

Woodstock, GA Ben Blanton of Largo Capital, Inc. secured financing for a ~28,000 s/f retail property. The five-year, fixed-rate loan provided cash out that allowed the sponsor to pursue other investment opportunities. The loan – procured

Nassimi Realty acquries two shopping centers totaling 400,000 s/f

Waukegan, IL Nassimi Realty, a New York-based real estate development company, has successfully acquired two retail properties: Lake Plaza in the Chicago area at 2702 Belvidere Rd., Waukegan, IL, and Hillcrest Shopping Center in the Pittsburgh area,, PA, located minutes

Capstone has closed the sale of Madison Apartments

Fort Madison, IA Capstone has closed the sale of Madison Apartments, a 57,860-sf multifamily property located at 3421 Avenue N. Josh Benard of Capstone brokered the transaction

Delisle of Island Associates Real Estate completes sale of 12.5 acre vacant land

Marion Oaks, FL Roger Delisle of Island Associates Real Estate Inc. successfully negotiated and closed the purchase and sale of 12.5+/- acres of vacant land located next to 184 Marion Oaks Blvd. The land is adjacent to Marion Oaks Plaza which is a 10+ acre site containing

SCALE Lending issues $75 million bridge loan for a multifamily development

Little Ferry, NJ SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $75 million bridge loan for Capodagli Property Company, a family-owned New Jersey-based real estate development and management firm founded by George Capodagli