National News

JLL Capital Markets arranged a $250 million credit facility for United Hampshite US REIT

JLL Capital Markets has arranged a $250 million credit facility for United Hampshire US REIT, a Singapore REIT with 23 properties located across the East Coast. JLL’s Corporate Banking Advisory Group (“CBA”) represented the corporate borrowers

JRM Construction begins work on Rutgers new admissions office

Newark, NJ  JRM Construction Management will collaborate with L+M Development Partners to construct a new admissions office for Rutgers, The State University of New Jersey encompassing 4,122 s/f. The new office will be located at 155 Washington St.

Fenestration and Glazing Industry Alliance plans 2023-2024 events

Schaumburg, IL The Fenestration and Glazing Industry Alliance (FGIA) has formalized its 2023 and 2024 conference schedule, beginning with the FGIA 2023 Annual Conference taking place February 13-16 in Coronado, CA. “FGIA is excited to share a new slate of host cities, which we feel is a great mix of both member favorite locales and new sites for the Association

Cantor Fitzgerald sells 865 Bellevue Apartments in Nashville

Nashville, TN Cantor Fitzgerald, L.P. (Cantor Fitzgerald1) has sold 865 Bellevue Apartments. The sale was facilitated on behalf of investors in 865 Bellevue Apartments, resulting in a total return of 156% of their aggregate original investment and an internal rate of return of 15% over the approximately three-year hold period.2

Knowlton of Capstone sells Union Boulevard Apartments for $6.4 million

Colorado Springs, CO Capstone has closed the sale of 801-849 S Union Blvd., a 29,732 s/f multifamily property for the sale price of $6.4 million.  Pat Knowlton of Capstone represented the seller and the buyer. Union Boulevard Apartments was built in 1972 and has undergone significant upgrades throughout the property, including parking lots,

Keystone acquires Walgreens Call Center in Orlando, FL

Orlando, FL Keystone National Properties (KNPRE), a real estate and private equity firm that specializes in impact and tax advantaged investment opportunities for accredited investors, has acquired a Walgreens Call Center for their

Turnbridge Equities completes sale of 738,000 s/f warehouse portfolio in Newark, NJ

Newark, NJ Turnbridge Equities (Turnbridge), a real estate investment and development firm that invests in commercial and industrial opportunities in high-growth and high barrier-to-entry markets, in partnership with Long Wharf

RockFarmer Properties expands presence in San Antonio with acquisition of 104-unit rental property

San Antonio, TX RockFarmer Properties, a privately held, fully integrated vertical development and investment firm based in New York City—and Old Three Hundred Capital, an Austin, TX-based multifamily operator— have

Urban Edge signed Ashley Furniture to long-term, 24,211 s/f lease in Union, NJ

Union, NJ Urban Edge Properties (NYSE:UE) has signed Ashley Furniture to a long-term, 24,211 s/f lease at West Branch Commons. Replacing an empty Office Depot store, Ashley Furniture will anchor the property alongside

Landau launches new real estate venture, Landau Properties, first project in Miami

Miami, FL According to veteran real estate executive Jonathan Landau, the launch of his new venture, Landau Properties, a family-owned firm that will develop, acquire and operate properties in New York, South Florida and Boston. Landau will