National News

SCALE Lending issues $243 million in loans on two new residential developments

Jersey City, NJ SCALE Lending has finalized two cross-collateralized loans totaling $243 million with Namdar Group for two multifamily buildings in Journal Sq. SCALE issued a $160 million construction loan for Namdar Group

Thorofare Capital refinances class A multifamily property in San Diego

San Diego, Ca Thorofare Capital, Inc., an affiliate of asset management platform Callodine Group, provided a $26 million loan to Chapman Place LLC for the refinancing and lease-up of Chapman Place Apartments Point Loma submarket. The

Gebroe-Hammer Associates and Berkadia orchestrate sale of The Metropolitan Lofts

Morristown, NJ Gebroe-Hammer Associates and Berkadia have announced the sale of 59 class A multifamily units at The Metropolitan Lofts in downtown for an undisclosed price.

Colliers Structured Finance Group closes $27.8m Fannie Mae loan for Edgeway apartment community

Bellflower, CA The Colliers Structured Finance Group (SFG) has closed a $27.765 milliion Fannie Mae loan for the refinancing of Edgeway, a 91-unit multifamily property. The loan is priced at 5.5% for five years and was arranged for Serrano Development Group by Colliers

Zeman joins Acentech to lead California office

Los Angeles, CA According to Acentech, John Zeman, LEED AP, BD+C has joined the firm to lead its local office. Zeman brings a 20-year career in architectural acoustics, environmental

Downing of Largo Capital secures mortgage to refinance mixed-use property

Apopka, FL Max Downing of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a mixed-use property. The project was recently renovated and is fully leased to a blend of retail and office

Wingate Multifamily closes on Boulevard North in Atlanta

Atlanta, GA Wingate Multifamily, a newly formed affiliate of Wingate Companies of Newton, MA, closed on Boulevard North, the fourth phase of Wingate’s multi-phase redevelopment in the Old Fourth

Thor Equities welcomes newest life science tenant to 95 Greene St.

Jersey City, NJ JLL arranged a long-term lease for RegenLab USA at 95 Greene St., the new lab-ready life sciences property developed by Thor Equities Group.

G.S. Wilcox & Co. secures $49 million in financing for portfolio

Carlstadt, NJ G.S. Wilcox & Co. has completed $49 million in financing for a four property industrial portfolio. The financing was secured by Gretchen Wilcox, president, and David Fryer, principal, with a 5-year

Regal Ventures acquires 37,900 s/f 8500 Sunset Blvd.

West Hollywood, CA Regal Ventures, a real estate investment firm headquartered in New York City, has acquired 8500 Sunset Boulevard, a 37,900 s/f retail condo and 178-space parking garage