National News

Burgdorf of Capstone closes $1.3 million sale of 7-unit multifamily property

Denver, CO Capstone has closed the sale of 3733 Decatur St, a 7-unit multifamily property for the sale price of $1.3 million. Christian Burgdorf of Capstone brokered the transaction

Waterfront restaurant Blue Anchor Bar + Kitchen now open in Newport

Newport, NJ According to LeFrak Commercial, Newport Associates Development Company and the owners of Downtown Brooklyn’s Japanese restaurant Teppan Territory, the opening of Blue Anchor Bar + Kitchen, the newest culinary offering to debut in

TruAmerica Multifamily secures new equity in multifamily communities totaling nearly $150 million

Los Angeles, CA TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, has completed $146.7 million in asset recapitalizations in two U.S. markets. The transactions include Tesoro Ranch Apartments, a 400-unit community in the Las Vegas

Crescent College and Career Preparatory Academy expands to 66,000 s/f facility

Southfield, MI According to OPEN Impact Real Estate (OPEN), a leading woman-owned commercial real estate services company specializing in nonprofit and impact real estate, Crescent College and Career Preparatory Academy, a charter school network, has

Blanton of Largo Capital secures $3.35 million in financing for an industrial property

Clearwater, FL Ben Blanton of Largo Capital, Inc. secured $3.35 million financing for an industrial property. Working through one of Largo’s correspondent life company relationships, the 3-year, fixed rate financing features interest only payments

Shawmut Design and Construction builds on $2 million fundraising milestone in 2024 Pan-Mass Challenge

Boston, MA Shawmut Design and Construction, a leading $1.6 billion national construction management firm, participated in its 17th consecutive Pan-Mass Challenge (PMC), raising nearly $65,000 and counting to build on its lifetime fundraising

Vivian of Largo Capital secures permanent first mortgage to refinance extended stay property for $7.3 million

Warminster, PA Katie Vivian, hotel loan originator at Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on an extended stay property, Home2 by Hilton, for $7.3 million. The 106-key hotel has consistently outperformed its competitive

Cronheim Hotel Capital secured $10 million to refinance the Fairfield Inn & Suites

Pittsburgh, PA Cronheim Hotel Capital (CHC) has secured $10 million to refinance the prior debt on the Fairfield Inn & Suites. The ...

Fitzgerald of Largo Capital secured $3.1 million recapitalization loan

Bradenton, FL Ian Fitzgerald, originator at Largo Capital, Inc., secured a $3.1 million bridge loan for the recapitalization of a newly constructed small bay industrial/flex building

DH Property Holdings received a $53.8 million construction loan for the PhilaPort Logistics Center

Philadelphia, PA Dov Hertz’s New York-based DH Property Holdings, LLC (“DHPH”) has received a $53.8 million construction loan for the PhilaPort Logistics Center, a 282,250 s/f last-mile warehouse and distribution center, currently under development. Located