National News

Churchwick Partners and Rockledge purchase nine extended stay hotels

Various Locations, USA Churchwick Partners, David Kaye and Joe Listhaus of Rockledge have purchased nine extended stay hotels across six states. The total transactions consisted of 1,085 keys and were sold by 3 different sellers

Progress Capital arranges $160 million refinance for apartment complex

Jersey, City, NJ Kathy Anderson, founding partner of Progress Capital began exploring options for a permanent loan with Art Johnson in November 2021 to replace construction financing for 629 MF units at

Silverstein Properties acquires Florida development site from 1754 Properties and Triangle Capital Group

Tampa, Fl Silverstein Properties, a global full-service real estate development, investment, and management firm has completed the acquisition of a 34,000 s/f site. The property was acquired

Newmark facilitates $457.5 million sale and $365 million financing of off-market multifamily portfolio

Oklahoma City, OK  Newmark Multifamily has facilitated a $457.5 million sale and $365 million financing of a 20-property multifamily portfolio spanning from the Carolinas to Oklahoma. The 2,899-unit portfolio was sold for New York-based Cedar Grove Capital

Axiom Capital funds 129,988 s/f industrial property in Palm Bay, FL

Palm Bay, FL Axiom Capital Corp has structured and arranged a $6.1 million permanent loan (10-year, fixed rate, non-recourse) for the acquisition of a 129,988 s/f, multi-building industrial property

Welco Realty represents Osborne Capital in 13,662 s/f lease to Old Navy at Kearny Plaza

Kearny, NJ Welco Realty Inc., exclusive agent for Kearny Plaza, represented the landlord, Osborne Capital, LLC on leasing a former Modell’s Sporting Goods store 13,662 s/f

Lancewood Capital provides a $20 million credit facility to a Miami, FL based lender

Greenwich, CT Lancewood Capital, a Greenwich, CT-based family office focused on real estate credit opportunities, provided a $20 million senior credit facility to a Miami, FL based commercial real estate lender. The first two advances are secured by investment condo properties

Kaufman Dolowich & Voluck expand into Dallas and New Orleans

Kaufman Dolowich & Voluck LLP (KDV), a leading national law firm, has expanded into the Southern United States, adding six lawyers and The Myers Law Group (TMLG) Dallas and New Orleans offices to its roster

TK Elevator launches MAX Link digital emergency communications in North America

Atlanta, GA TK Elevator has launched MAX Link Voice and Multimedia digital emergency communication services, providing two-way voice, video and text messaging between passengers and emergency personnel. Available in the U.S. and Canada, MAX Link routes passenger

Ariel Property Advisors arrange $13.1 million in financing across four properties

Ariel Property Advisors has arranged $13.1 million in financing across four properties in three states—New York, South Carolina and Mississippi. The recent financings include