Category: Outside The Region
Zenith IOS closes acquisitions in Nashville and Memphis
July 29, 2025
Zenith Industrial Outdoor Storage (IOS), a leading vertically integrated IOS platform has sourced and closed two acquisitions in Tennessee. These transactions mark Zenith’s first capital deployment in Tennessee, adding Nashville and Memphis as two new markets
Arrow Real Estate Advisors arranges $28 million in refinancing for two industrial assets
July 29, 2025
Manhattan, NY Arrow Real Estate Advisors, a leading real estate finance advisory firm, has successfully arranged two separate refinancing transactions totaling $28 million for a pair of industrial properties in New Jersey and California totaling 170,801 s/f
Marcus Partners, Sterling Properties, and Danbro Properties close on site for new multifamily projec...
July 29, 2025
Watchung, NJ Marcus Partners has joined with Sterling Properties and Danbro Properties in closing on Blue Hill at Watchung, a 230-unit luxury multifamily community now under construction. The project, which was entitled by Sterling and Danbro, is set on 41.8 acres and marks a significant
Cronheim Hotel Capital secures $30.3 million to refinance the Alloy Suites King of Prussia Doubletre...
July 29, 2025
King of Prussia, PA Cronheim Hotel Capital (“CHC”) secured a $30.3 million loan for affiliates of Concord Hospitality to refinance the existing note on the 327 room DoubleTree. Beau Williams, senior managing director, and Drew Gilligan, director, arranged the loan
Delisle and Monahan of Island Associates negotiate two lease agreements
July 29, 2025
Brooksville, FL Roger Delisle and Robert Monahan of Island Associates successfully negotiated two lease agreements for Sunrise Plaza Brooksville Florida. DRMP Engineers entered a lease agreement for 3,000 s/f of space for their field office as they work
Ross of Largo Capital secures $29.315 permanent first mortgage
July 29, 2025
Québec, QC Kevin Ross, managing director at Largo Capital Limited, secured a permanent first mortgage for three parcels of the Mega Centre Lebourgneuf. This power center is occupied by national retailers and shadow anchored by major big-box stores. The property
Cronheim Mortgage secures $27.917 million for the acquisition of Woodmont Liberty apartments
July 29, 2025
Hackettstown, NJ Cronheim Mortgage (“Cronheim”) has secured $27.917 million from a national life insurance company to capitalize the acquisition of Woodmont Liberty, a 120-unit, Class-A multifamily asset. The seven-year, non-recourse financing attractively
Cronheim Hotel Capital secures $39 million for the construction of AC Hotel Knoxville Downtown
July 29, 2025
Knoxville, TN Cronheim Hotel Capital (“CHC”) has secured $39 million for the construction of the AC Hotel Knoxville Downtown. The financing provides up to 75% of the total project costs on a non-recourse basis and incorporates a creative CPACE
Prism Capital Partners secures three key redevelopment plan approvals for ON3
July 29, 2025
Clifton & Nutley, NJ Prism Capital Partners has secured three key redevelopment plan approvals from the City of Clifton and Township of Nutley for its mixed-use ON3 campus. Together, the milestones pave the way for the construction of up to 1,074 multifamily units
BH Properties acquires value-add retail asset along I-80
July 29, 2025
Fairfield, CA BH Properties, a vertically integrated, value-add real estate investment firm, has acquired a dual-building, multi-tenant retail center located at 1370–1380 Holiday Lane, directly adjacent to Interstate 80. The acquisition expands the firm
Cronheim Hotel Capital secures $19.5 million for the refinance of Hasbrouck Heights Hilton
July 29, 2025
Hasbrouck Heights, NJ Cronheim Hotel Capital (CHC) has secured $19.5 million to refinance the Hasbrouck Heights Hilton. The financing was secured from a bank and provided the sponsor cash out proceeds, a floating rate with a spread in the mid-200’s and no prepayment
Pickard Chilton announces completion of The Eight
July 29, 2025
Bellevue, WA Pickard Chilton, an award-winning architecture studio best known for its innovative and cutting-edge design of corporate headquarters and campuses, has completed The Eight, a 25-story, 799,933 s/f office tower. Pickard Chilton served as the project
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