National News

JEMB acquires Wyndham Grand Clearwater Beach for $170 million

Tamba Bay, FL JEMB Realty Corporation, the family-run real estate development, investment and management firm, based in New York City, has acquired the Wyndham Grand Clearwater Beach

JLL arranges $600 million sale of healthcare property portfolio across 10 states

Various Locations, USA JLL’s Healthcare Capital Markets group has closed the $600 million sale of a 27-property, best-in-class, core-quality healthcare real estate portfolio totaling 1.2 million

Progress Capital arranges $14 million commercial loan for Jersey City multifamily property

Jersey City, NJ Kathy Anderson, founding partner at Progress Capital secured $14 million in refinancing for the property located at 253 Academy St., owned by Pointe Developers, LLC

Forbes Global Properties welcomes Long & Foster Real Estate to its property network

strong>Washington, DC Forbes Global Properties, a curated consumer marketplace of luxury homes and an invitation-only membership network of top real estate firms, is proud to welcome Long & Foster Real Estate to its ranks. Long

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

Newark Local Beer and Method Climbing + Fitness sign leases at Walker House

Newark, NJ According to LMXD, Prudential Financial Inc. and Goldman Sachs Urban Investment Group (UIG), Newark Local Beer, a 6,300 s/f brewery and taproom, and Method Climbing + Fitness, a 22,000 s/f indoor rock

Balletto of Northeast Private Client Group arranges $22.8 million sale of multifamily apartment

Madison, TN The Metro North Investment Sales Team at Northeast Private Client Group has arranged the sale of Falcon View Apartments, a 163-unit multifamily community. The sale price was $22.82 million

Kates and Sklaver join Marcus & Millichap as senior vice presidents

Calabasas, CA Adam Sklaver and Phil Kates have joined Marcus & Millichap (NYSE: MMI), a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services

Largo arranges $5.6 million in financing for self-storage facility

Hurricane, UT Ned Perlman, vice president of Originations at the Largo Group of Companies, arranged a $5.6 million permanent first mortgage to refinance the existing debt for a self-storage facility. The facility has a total

Electra Capital Provides $19 millon loan for refinancing of two Class A apartment buildings

Jersey City, NJ Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, originated $19 million of mezzanine debt behind an $86 million senior loan for the refinancing