National News

Ross of Largo Capital completes $21 million refinance

Whitby, ON Kevin Ross, managing director of Largo Capital Limited, has successfully refinanced a well-tenanted mixed-use property. Anchored by leading national retailers, the center serves as a vital retail and office hub

Cottonwood Group supports BillionToOne growth with $105 million construction loan

Austin, TX Cottonwood Group (Cottonwood), a private equity real estate investment firm, has closed on a $105 million senior construction loan for a 223,500 s/f life sciences project within EastVillage, a 425-acre mixed-use

Luxury retail highlights in Montreal - by Joseph Aquino

A storied, grand dame of Montreal retail: a 250,000 s/f luxury department store located on Saint-Catherine Street West. Featuring a wide array of upscale brands, bespoke services, in-house tailoring, and a historic architectural presence

Arrow Real Estate Advisors arranges $52 million financing for acquisition of Lakeside & Flagler Center Business Park

Jacksonville, FL Arrow Real Estate Advisors, a leading real estate finance advisory firm, has arranged $52 million in acquisition financing on behalf of Savlan Capital for the purchase of the Lakeside & Flagler Center Business

Brookfield completes $1.93 billion refinancing of Atlantis Paradise Island

Brookfield has successfully completed a $1.93 billion refinancing of Atlantis Paradise Island, the landmark oceanside resort in The Bahamas. The new financing underscores Brookfield’s long-standing and continued commitment to the resort, its team members

Biotech start-up Ochre Bio relocates to Alexandria Center for Life Science – New York City

Manhattan, NY JLL has completed a sublease for growing U.K.-based biotech company Ochre Bio at 430 East 29th St. within the Alexandria Center® for Life Science – New York City

Jeremy Lyman joins Subtext as partner & executive vice president of capital markets, private wealth

St. Louis, MO According to Subtext, a national real estate company focused on elevating the resident experience, Jeremy Lyman as partner and executive vice president of capital markets, private wealth. In his new role, Lyman will lead the

Poplar Plaza Shopping Center: $25.1 million refinancing secured for Memphis retail center

Memphis, TN JLL Capital Markets has secured a $25.139 million financing for Poplar Plaza, a 350,000 s/f grocery-anchored retail center. JLL worked on behalf of the borrower, Finard Properties, in arranging the seven-year

Cronheim Hotel Capital secures $11 million to refinance Hampton Inn

Danville, VA Cronheim Hotel Capital (CHC) has secured $11 million to refinance the Hampton Inn. The financing provided the Sponsor with more than $3 million of cash out proceeds and a fixed rate below 6.0%. 

Levin Management closes nearly 570,000 s/f in YTD retail leasing

North Plainfield, NJ Brick-and-mortar retail continues to demonstrate its strength, with open-air shopping centers leading the way, according to Levin Management Corporation (LMC). The North Plainfield-based commercial real