National News

Newmark facilitates $457.5 million sale and $365 million financing of off-market multifamily portfolio

Oklahoma City, OK  Newmark Multifamily has facilitated a $457.5 million sale and $365 million financing of a 20-property multifamily portfolio spanning from the Carolinas to Oklahoma. The 2,899-unit portfolio was sold for New York-based Cedar Grove Capital

Axiom Capital funds 129,988 s/f industrial property in Palm Bay, FL

Palm Bay, FL Axiom Capital Corp has structured and arranged a $6.1 million permanent loan (10-year, fixed rate, non-recourse) for the acquisition of a 129,988 s/f, multi-building industrial property

Welco Realty represents Osborne Capital in 13,662 s/f lease to Old Navy at Kearny Plaza

Kearny, NJ Welco Realty Inc., exclusive agent for Kearny Plaza, represented the landlord, Osborne Capital, LLC on leasing a former Modell’s Sporting Goods store 13,662 s/f

Lancewood Capital provides a $20 million credit facility to a Miami, FL based lender

Greenwich, CT Lancewood Capital, a Greenwich, CT-based family office focused on real estate credit opportunities, provided a $20 million senior credit facility to a Miami, FL based commercial real estate lender. The first two advances are secured by investment condo properties

Kaufman Dolowich & Voluck expand into Dallas and New Orleans

Kaufman Dolowich & Voluck LLP (KDV), a leading national law firm, has expanded into the Southern United States, adding six lawyers and The Myers Law Group (TMLG) Dallas and New Orleans offices to its roster

TK Elevator launches MAX Link digital emergency communications in North America

Atlanta, GA TK Elevator has launched MAX Link Voice and Multimedia digital emergency communication services, providing two-way voice, video and text messaging between passengers and emergency personnel. Available in the U.S. and Canada, MAX Link routes passenger

Ariel Property Advisors arrange $13.1 million in financing across four properties

Ariel Property Advisors has arranged $13.1 million in financing across four properties in three states—New York, South Carolina and Mississippi. The recent financings include

Brennan Investment Group hold groundbreaking ceremony

Winston-Salem, NC Brennan Investment Group held a groundbreaking ceremony 4043 Reynolds Ct. Brennan Investment Group is developing a new 110,000 s/f Class-A industrial building on

Capstone Apartment Partners complete $30 million sale of apartment portfolio in Denver, CO

Denver, CO Capstone Apartment Partners completed the $30 million sale of a 184-unit LIHTC apartment portfolio in the Denver MSA. The portfolio is comprised of three Section 8 senior housing assets—Aurora Village, Kings Point, and University Plaza

Standard Communities certified as “great place to work”

Los Angeles, CA Standard Communities, a national affordable housing investor and developer, has been recognized as a 2022 “Great Place to Work” based entirely on feedback from its employees. 95% percent of Standard’s employees said the company