National News

Waypoint Residential closes on sale of Luma Headwaters, garden-style community in Orlando

Orlando, FL Waypoint Residential closed on the sale of Luma Headwaters, a garden-style apartment community to Houston-based Venterra Realty. The 328 -unit community is located on the I-9 corridor. The property is adjacent to Darden Restaurants headquarters, as well as two of the city’s most prestigious

JLL Capital Markets arranged the loan for Denholtz Properties’ Edgeboro Corporate Center in East Brunswick

East Brunswick, NJ JLL Capital Markets arranged a refinancing for Edgeboro Corporate Center, a fully leased, two-building light industrial complex totaling 84,000 s/f. JLL worked on behalf of the borrower, Denholtz Properties, to place the 10-year, fixed-rate loan with a life insurance company.

Colligan of The Largo Group of Companies arranges an $18.13 million acquisition and loan for a flex portfolio in Greensboro, NC

Greensboro, NC Neal Colligan, principal at The Largo Group of Companies, has arranged and $18.13 million acquisition and value-add loan for a flex portfolio. The property location is serviced by major interstates

Axiom Capital arranges $12.5 million loan for refi of 110-room hotel in Titusville, FL

Titusville, FL Axiom Capital Corp. has structured and arranged a $12.5 million permanent loan (5-year loan, fixed rate, non-recourse) for the refinance of a 5-story, 110 room hotel

A&G Real Estate Partners marketing 11 property medical office portfolio

Various Locations, USA A&G Real Estate Partners is marketing an 11-property medical office portfolio that includes nine properties in northern New Jersey, along with individual assets in Mount Kisco, NY, and Miramar

Edgewood Capital provides $7 million bridge loan to FL investor

Kissimmee, FL Edgewood Capital has closed on a $7 million senior bridge loan to help a Florida investor convert a hotel into a multifamily complex of studio apartments. The property was operating as an

Neuman Commercial Group arranges $33.5 million sale of Newark shopping center

Newark, DE Neuman Commercial Group, LLC have completed the sale of 145,400 s/f Newark Shopping Center. The sale price was $33.5 million. Built in 1955 and renovated in 2017, the center at 230 E. Main St.

HPP Real Estate and Machine Investment Group Partner on recapitalization of North Hill Apartments in Virginia Beach, VA

Virginia Beach, VA New York-based HPP Real Estate, a division of Hill Property Partners LLC (HPP), has closed on the recapitalization of North Hill Apartments, a 148-unit multifamily rental property,

Breslin Realty complete lease with Skechers in Philadelphia, PA

Philadelphia, PA Breslin Realty have completed the signing of a long-term lease with Skechers at 330 W Oregon Ave. Skechers will be occupying approximately 10,500 s/f in the Whitman Plaza shopping

Kriss Capital provides $100 million loan for El-Ad's Alina Condos in Boca Raton

Boca Raton, FL Kriss Capital provided a $100 million construction loan to finance the second phase of El-Ad National Properties’ luxury 300+unit Alina Residences condominium project. The pair of condo buildings, already under construction, comprise the final portion of the project, which spans nine acres between Southeast Mizner Blvd.