National News

Camber Real Estate Partners and Invesco Real Estate acquire five-building industrial portfolio

Burlington County, NJ Camber Real Estate Partners (Camber), in partnership with Invesco Real Estate, the $85 billion global real estate investment business of Invesco Ltd. (NYSE: IVZ), has acquired a five-building industrial

Resource Realty of Northern New Jersey reports a strong 2024 finish with over $154.69 million in transactions

Parsippany, NJ Resource Realty of Northern New Jersey (RRNNJ) is reporting strong transaction results for 2024, completing 75 leases and 10 sales totaling over $154.69 million in commercial real estate transactions across New Jersey and Southern New York

Avatar provides $4.35 million for midscale hotel

Portland, TX Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $4.35-million loan on an IHG-branded property. The loan proceeds were used toward

Marcus & Millichap Capital Corporation arranges $89.6 million construction financing for two multifamily projects

Chanhassen, MN Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments

Cleeman Realty Group announces the off-market sale of a Hy-Vee Supermarket

Fort Dodge, IA Cleeman Realty Group has completed the $4.25 milion off-market sale of a net leased Hy-Vee Supermarket located at 115 S 29th St. The asset is strategically positioned within Fort Dodge’s primary retail hub, offering

Blanton of Largo Capital completes a $14.5 million permanent first mortgage refinance

Riverview, FL Ben Blanton of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a 119-room Hilton Garden Inn. The 10-year, fixed-rate, non-recourse financing includes interest only payments for the life

Carr Properties forms joint venture and closes on construction financing of 425 Montgomery Street

Alexandria, VA According to Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, the Company closed on an equity joint venture with Barings to develop 425 Montgomery Street

Thorofare Capital provides nearly $43 million in financing for Twin Cities active adult community

Minneapolis-Saint Paul, MN Thorofare Capital (“Thorofare”), an affiliate of asset management platform Callodine Group, LLC, provided a $42.895 million bridge loan to refinance Risor of St. Louis Park

Freshfields US LLP to relocate to Carr Properties’ Midtown center

Washington, DC Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, announced that global law firm Freshfields

Gateway Merchant Banking to redevelop Orange Memorial Hospital

Orange, NJ Gateway Merchant Banking (Gateway), an award-winning real estate development and investment firm, has announced plans to revitalize 188 South Essex St., the site of the Orange Memorial Hospital