Category: Brokerage
2019 NYC Real Estate Expo set for October 24th
June 4, 2019
Manhattan, NY Organizers of the 2019 NYC Real Estate Expo set for October 24th are advising businesses to act fast to reserve exhibit space at the NY Hilton Midtown.
Outside the Region: Cronheim Mortgage secures $12.125 million bridge loan
June 4, 2019
Detroit, MI Cronheim Mortgage secured a bridge loan for a self-storage facility, which is to be fully renovated. The subject is a shopping center with a vacant Kroger grocery store and a
Outside the Region: Gorjian Acquisitions buys 41,318 s/f Eastside Shopping Center in N.C.
June 4, 2019
Fayetteville, NC Joel Gorjian, a national real estate investor and president and CEO of Gorjian Acquisitions, has purchased the 41,318 s/f Eastside Shopping Center at 1322 Clinton Rd.
Outside the Region: Sonnenblick-Eichner Co. arranges first mortgage leasehold financing $27 million ...
June 4, 2019
Maui, HI Sonnenblick-Eichner Co. has arranged $27 million of first mortgage leasehold financing for the Lahaina Gateway, a 136,566 s/f community shopping center. Proceeds of the non-recourse financing allowed the borrower…
Outside the Region: Hunt Real Estate Capital refinances Houston multifamily: $28.3 million
June 4, 2019
Houston, TX Hunt Real Estate Capital provided a $28.3 million Freddie Mac loan to refinance a multifamily property. The loan is a seven-year, variable rate loan with three-years of
Outside the Region: NEI General Contracting starts four Fla. projects for The Millennia Cos.
June 4, 2019
Jacksonville, FL NEI General Contracting has started renovations to 768 apartments at four properties on behalf of The Millennia Cos. Renovations could include upgrades to the interiors, exteriors, community buildings and common areas.
Outside the Region: Gilbane Development Co. appoints Resetco as new senior development director
June 4, 2019
Arlington, VA Gilbane Development Co. has appointed Jeff Resetco as senior development director. Resetco will enhance Gilbane’s capacity to develop student housing from a national platform in targeted markets, both
Outside the Region: Wilshire Quinn provides $3.625 million rehab loan
June 4, 2019
San Diego, CA According to Wilshire Quinn Capital, Inc., its private lending fund, the Wilshire Quinn Income Fund, has provided a $3.625 million rehab loan.
Executive of the Month: With 20 years of experience, Barbara Kavovit, CEO of Evergreen is a construc...
June 4, 2019
New York, NY The New York Real Estate Journal recently sat down with Barbara Kavovit, CEO of Evergreen Construction for a question and answer session.
Outside the Region: Marcus & Millichap brokers sale of 29,600 s/f Princeton Plaza for $2.9 million
June 4, 2019
Lawrenceville, NJ Marcus & Millichap completed the sale of Princeton Plaza, a highway retail shopping center located on Brunswick Pike. The asset sold for $2.9 million. A team of retail specialists led by Shannon Bona, acquired the exclusive listing to
Outside the Region: Regenbogen of Arbor originates $3.2 million Fannie Mae Small Loan
June 4, 2019
Myrtle Beach, SC Arbor Realty Trust, Inc. funded a $3.2 loan through the Fannie Mae Small Loan program for The Avenue North – Myrtle Beach Portfolio. Eric Regenbogen of Arbor’s Uniondale, N.Y. office originated the loan.
Outside the Region: Tower 16 Capital Partners purchases The District at Grand Terrace for $63 millio...
June 4, 2019
Colton, CA Tower 16 Capital Partners has acquired The District at Grand Terrace, a 352-unit multifamily project at 1315 S Meadow Ln. for $63 million. The project was acquired on an off-market basis from FPA Multifamily. Tower 16 will be overseeing $4 million in renovations and upgrades.
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