National News

Cronheim Mortgage secures 75% LTC, 5-year fixed-rate construction financing for Class A self-storage in El Paso, TX

El Paso, TX Cronheim Mortgage has secured a 75% LTC, five-year fixed-rate construction loan for the development of a 151,000+ net rentable s/f, Class A self storage facility. The $12.95 million financing was closed with a local bank and features

Merkin of Eastern Union arranges $39.723 million refinancing in Arlington, VA

Arlington, VA Eastern Union, one of the country’s largest commercial real estate finance companies, has arranged the $39.723 million refinancing of Washington & Lee Apartments, a 369-unit multifamily

Standard Communities leads public-private partnership for affordable community in Chicago

Chicago, IL Standard Communities, a national affordable housing developer and investor, has led a public-private partnership that acquired a 371-unit 100% affordable housing community. 

Cronheim finances Lexington, KY grocery-anchored shopping center

Lexington, KY Cronheim Mortgage arranged permanent financing totaling $8 million for Man O' War Place, a 174,638 s/f Kroger anchored power center. Dev Morris and Andrew Stewart secured the financing on behalf of an

Marcus & Millichap arrange $11.39 million in financing in Port Washington, WI

Port Washington, WI Marcus & Millichap Capital Corporation (MMCC), a provider of commercial real estate capital markets financing solutions, arranged $11.39 million in acquisition and renovation financing

Capstone completes $11.25 million sale in Colorado Springs, CO

Colorado Springs, CO Capstone has closed the sale of Peak View Apartment Homes, a 77-unit multifamily property for the sale price of $11.25 million. Adam Riddle and Jason Koch of Capstone represented the seller, JOHN

Hudson Capital Properties completes $53.2 mllion sale in Myrtle Beach, SC

Myrtle Beach, SC Hudson Capital Properties (HCP), a multi-family real estate investment and development firm active in select Southeastern U.S. growth markets, has completed the $53.2 million sale of Inspire Coastal Grand

Demolition underway at 800 Sylvan Ave. in Englewood Cliffs, NJ

Englewood Cliffs, NJ Demolition has commenced at 800 Sylvan Ave., where Garden Communities will introduce a multifamily community at New Jersey’s Hudson River Palisades. The project marks the first new multifamily

Blue Onyx hires Driscoll as SVP of Development and Acquisitions

Paterson, NJ According to Blue Onyx Companies (‘Blue Onyx’), a privately held full service commercial real estate firm, real estate veteran James Driscoll has joined the firm as senior vice president of Development

Crystal uPVC Windows approved for Florida Hurricane zones

Queens, NY National manufacturer Crystal Window & Door Systems has added two products to its roster of windows approved by the Florida Building Commission. The MAGNUS uPVC commercial vinyl Series 4500 Tilt-and-Turn and