National News

GFI Realty Services arranges $12.5 million sale of 192,000 s/f marina in Miami, FL

Miami, FL GFI Realty Services, LLC has closed on the $12.5-million sale of a 191,664 s/f luxury boutique marina. Sasha Berg, an associate at GFI Realty Services, represented the buyer, Izzy Bard, and

Ross of Largo arranges $16 million for refi of medical office

Laval, QUE Kevin Ross, managing director at Largo Capital Limited, arranges $16 million for the refinance of a medical office

JRM developing multifamily building focused on health and wellness

Jersey City, NJ JRM Construction Management, LLC, (JRM) has begun work on 49 Fisk St., a multi-family ground up building with approximately 322,750 gross s/f, consisting of 337 units. The project team includes architect

Pierson Commercial completes $9 million sale of 301 Washington St. in Hoboken

Hoboken, NJ Pierson Commercial, a leading retail-focused commercial real estate brokerage and advisory services firm with offices in New Jersey and New York City, has arranged the $9 million sale of a retail property along

Cronheim Mortgage secures 75% LTC, 5-year fixed-rate construction financing for Class A self-storage in El Paso, TX

El Paso, TX Cronheim Mortgage has secured a 75% LTC, five-year fixed-rate construction loan for the development of a 151,000+ net rentable s/f, Class A self storage facility. The $12.95 million financing was closed with a local bank and features

Merkin of Eastern Union arranges $39.723 million refinancing in Arlington, VA

Arlington, VA Eastern Union, one of the country’s largest commercial real estate finance companies, has arranged the $39.723 million refinancing of Washington & Lee Apartments, a 369-unit multifamily

Standard Communities leads public-private partnership for affordable community in Chicago

Chicago, IL Standard Communities, a national affordable housing developer and investor, has led a public-private partnership that acquired a 371-unit 100% affordable housing community. 

Cronheim finances Lexington, KY grocery-anchored shopping center

Lexington, KY Cronheim Mortgage arranged permanent financing totaling $8 million for Man O' War Place, a 174,638 s/f Kroger anchored power center. Dev Morris and Andrew Stewart secured the financing on behalf of an

Marcus & Millichap arrange $11.39 million in financing in Port Washington, WI

Port Washington, WI Marcus & Millichap Capital Corporation (MMCC), a provider of commercial real estate capital markets financing solutions, arranged $11.39 million in acquisition and renovation financing

Capstone completes $11.25 million sale in Colorado Springs, CO

Colorado Springs, CO Capstone has closed the sale of Peak View Apartment Homes, a 77-unit multifamily property for the sale price of $11.25 million. Adam Riddle and Jason Koch of Capstone represented the seller, JOHN