National News

Colligan of Largo Group arranges $10 million for refinance of multifamily property

Wilmington, DE Neal Colligan, principal at The Largo Group of Companies, arranged $10 million for the refinance of a multifamily property. The property, currently 99% occupied, consists of 49 buildings that contain

Urban Edge Properties signs two long term tenants at East Hanover industrial warehouses

East Hanover, NJ According to Urban Edge Properties (NYSE:UE), that Best Way Trucking (186,855 s/f) and Decker Tape Products, Inc. (99,527 s/f) have signed long-term leases

Axiom Capital funds office building in South Carolina

Daniel Island, SC Axiom Capital Corp. has structured and arranged a $9 million (1 year + 12 month option, floating rate, non-recourse) bridge loan for the refinance of an office building

Ross of Largo Capital arranged $56 million refinance of grocery-anchored retail centers portfolio

Kevin Ross, managing director of Largo Capital Limited, arranged $56 million to refinance the existing debt secured by a portfolio of grocery-anchored retail centers. The portfolio is comprised of five properties totaling 473,000

KNPRE 1031 acquires FedEx ground distribution facility

Lansing, MI Keystone National Properties (KNPRE), a real estate sponsor that specializes in impact and tax advantaged investment opportunities for accredited investors, has acquired a FedEx Ground distribution facility

Axiom Capital funds single tenant retail in Teaneck, NJ

Teaneck, NJ Axiom Capital Corp. has structured and arranged a $2.1 million permanent loan (4-year loan, fixed rate, non-recourse) for the refinance of a single tenant freestanding retail

$19.8 million sale of Leonia, NJ garden-apartment complex arranged by Gebroe-Hammer Associates

Leonia, NJ Gebroe-Hammer Associates has arranged the $19.8 million sale of Grand Lee Apartments, an 80-unit garden-style property. Vice president Joseph Gehler, along with sales representative David Betesh, exclusively represented

Ross of Largo arranges $8.25 million for acquisition of an industrial building in Quebec

Kevin Ross, managing director at Largo Capital Limited, arranged $8.25 million for the acquisition of an industrial building located in St-Eustache, Quebec. The subject property was renovated in 2019 and has a layout

Colligan of Largo arranges $6.71 million for acquisition of multifamily property

Carlisle, PA Neal Colligan, principal at Largo Capital, arranged $6,71 million for the acquisition of a 120-unit multifamily property. The property, currently 98% occupied, consists of 15 buildings that contain

Gebroe-Hammer Associates names Gehler to vice president

Philadelphia, PA Gebroe-Hammer Associates, the nationally ranked multifamily-focused investment sales brokerage firm, has named Joseph Gehler to the role of vice president and is the newest member of its management team, according