National News

Reuten Associates present traffic engineering plans for new senior living community in Closter, NJ

Closter, NJ Traffic engineering plans for the Residences at Reuten Park, a proposed 195-unit luxury senior living development, were presented to the borough’s Zoning Board of Adjustments

JRM Construction Management completes renovation of proponent Federal Credit Union in NJ

Nutley, NJ JRM Construction Management has completed the full renovation of Proponent Federal Credit Union and transformed the existing one-story commercial building into a 5,000 s/f premier

Rosewood Realty completes $75 million multifamily sale in Lexington, KY

Lexington, KY Rosewood Realty Group have completed the $75 million sale of a 384-unit 12-building multifamily apartment complex. Rosewood’s founder & CEO Aaron Jungreis and Rosewood

Delisle of Island Associates completes purchase and sale of Starbucks/Chipotle in Mount Dora, FL

Mount Dora, FL Roger Delisle of Island Associates Real Estate Inc. has successfully negotiated and closed the purchase and sale of a free-standing Starbucks/Chipotle for $3.682 million

Delisle of Island Associates completes purchase of Marion Oaks Plaza in Marion Oaks, FL

Marion Oaks, FL Roger Delisle of Island Associates Real Estate Inc. has successfully negotiated and closed the purchase and sale of the shopping center located at 184 Marion Oaks Blvd., for $4.6 million.

Kay Properties & Investments brought custom DST offerings full cycle on behalf of multiple 1031 exchange and cash investors

Chicago, IL Kay Properties & Investments, a nationally recognized Delaware Statutory Trust 1031 Exchange investment firm, successfully brought one of its custom Kay Properties

Treeline acquires 80 acre industrial asset in NC

Wilmington, NC Treeline, a New York-based value-add real estate developer, owner and investor in office and industrial properties, has acquired an 80-acre industrial site in Wilmington, NC and

Katz & Associates names new hires in New York and Florida

Boca Raton, FL According to Brian Katz, CEO of Katz & Associates, they have completed three new hires: Michael Peguero and Sean Philipps are joining Katz’s New York office, and Robert “Sonny” Nuchereno joins Katz’s Boca office. All will work on tenant and landlord representation.

Capstone closes on sale of 17,000 s/f motel for $4 million

Denver, CO Capstone has closed the sale of Travelers Uptown Motel, 17,614 s/f hospitality property for the sale price of $4 million. Sean Holamon of Capstone represented the buyer on

Largo arranges 95% LTC acquisition financing for office building in Winter Park, FL

Winter Park, FL Kevin Coscia, managing director at the Largo Group of Companies, secured $2.35 million in acquisition financing for a 5,000 s/f suburban office buildin. The building will be 100% owner occupied by one of the largest privately-owned, registered investment advisory firms in Central Florida