National News

Scarantino of Mag Mile Capital close three property deal for $8.85 million in NJ

Egg Harbor Township, NJ Bob Scarantino of Mag Mile Capital has secured a total loan of $8.85 million to cover the purchase of three investment properties in : a medical/dental office space in Hammonton

Marvel opens third office in Richmond, VA

Richmond, VA Marvel,a multi-disciplinary architecture, landscape architecture and urban planning firm with offices in New York City and San Juan, PR, have opened its third location. The Richmond office is headed

Naftali Group continues expansion in South Florida with second acquisition

Fort Lauderdale, FL New York-based developer, Naftali Group, a privately held global real estate development and investment firm, has closed on a 700,000 s/f development site at 201 North

Malagisi and Hardisty of SVN’s National Self Storage Team facilitate 50,350 s/f storage facility sale

Fairview, NJ Nick Malagisi, SIOR and national chair of the SVN National Self Storage Team and his colleague Hans Hardisty, CCIM, senior advisor and managing director, just completed the sale of a 50,350 s/f facility with 508 drive

Cronheim Mortgage secures $16 million for 272,000 s/f Mansfield Commons

Hackettstown, NJ Cronheim Mortgage has arranged $16 million in permanent financing for a 272,000± s/f retail center. The 10-year financing amortizes over 30 years. Dev Morris

Muller of Eastern Union secures $83.33 million bridge loan toward acquisition of 440-unit multifamily property

Atlanta, GA Michael Muller, a senior managing director with Eastern Union, has arranged a bridge loan of $83.33 million in support of the acquisition of The Halsten at Vinings Mountain, a 440-unit multifamily property

Exact Capital makes initial investment in development of 240 unit affordable residential community

Columbia, SC Exact Capital, a leading national commercial real estate development firm, is making its first investment in South Carolina with the ground up development

Kennedy Funding Surpasses $4 Billion in Closed Loans

Englewood, NJ Direct, private lender Kennedy Funding has surpassed $4 billion in closed loans. “$4 billion is a tremendous milestone in the private

Gebroe-Hammer Associates complete $38 million sale of Hawthorne Towers in Montclair, NJ

Montclair, NJ Gebroe-Hammer Associates has arranged the $38 million sale of 133 apartment homes known as Hawthorne Towers

Kimmerle Group completes office renovation and expansion at 650 from Rd. in Paramus, NJ

Harding Township, NJ Kimmerle Group, a New Jersey-based, multifaceted design, real estate, planning, development, and branding practice has completed a full-building renovation and expansion