National News

BEB Lending provides $5 million in acquisition financing for 87,000 s/f industrial property in Kearny, NJ

Kearny, NJ BEB Lending, the finance platform of BEB Capital, announced today it has provided a $5 million, 18-month bridge loan for the acquisition financing of an 87,000 s/f industrial property on 2.44 acres at 244 Duke St. The financing

Kalikow Group sells 9.5 acres to Harris Teeter

Apex, NC The Kalikow Group, a fourth-generation, New York development and management firm and Experience One LLC, has sold to Harris Teeter, a Matthews, NC-based grocer, 9.5 acres of land for a 64,000 s/f grocery store/gas station

ShainRealty Capital completes first company disposition of 200-unit multifamily portfolio

Chicago, IL A 200-unit multifamily portfolio has sold. The SR8 Portfolio, encompassing eight properties within a 2-mile radius, sold to a local Chicago syndicate, led by Eagle Infinite Investments. The transaction marks

Axiom Capital funds industrial property in Palm Coast, FL

Palm Coast, FL Axiom Capital Corp. has structured and arranged a $3.1 million bridge loan for the refinance of a 139,801 rentable s/f multi-tenant, industrial property

Ashkenazy Acquisition Corporation acquires 200,000 s/f retail property in Chicago

Chicago, IL Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and Chairman Ben Ashkenazy, announced the acquisition of Gateway Centre, an approximately 200,000 s/f retail property

G.S. Wilcox & Co. secures $19.97 million construction loan for East Brunswick warehouse

East Brunswick, NJ G.S. Wilcox & Co. has completed $19.97 million in construction financing for a warehouse building to be built on spec. The non-recourse financing was secured by Bridget Wilcox, partner, and Al Raymond, principal, from a regional bank on a 3-year term with extension options

Progress Capital arranges construction financing for Hunter Lofts redevelopment project

Roselle Park, NJ Kathy Anderson and Caillin Boles of Progress Capital secured a $14.95 million construction loan for The Kontos Group (owner/developer) of Hunter Lofts, a redevelopment project lead

Neuman Commercial Group named 2022 Top Sales Firm Power Broker

strong>Bethesda, MD Neuman Commercial Group LLC, a Mid-Atlantic retail center and commercial investment sales firm, has been named a Top Sales Firm 2022 Power Broker winner by CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate information and analytics

JRM Construction Management completes construction in Woodland Park, NJ

Woodland Park, NJ JRM Construction Management has successfully completed a major construction project for a confidential client’s Headquarters office building. The project totaled approximately 24,000 s/f and was

Progress Capital arranges $60 million acquisition loan for business park

Herndon, VA Progress Capital’s partner, Brad Domenico secures $60.5 million in acquisition financing for Fred Arena, CEO of Vision Properties to purchase South Lake at Dulles Corner Business Park