Category: Outside The Region
Shawmut hosts thousands of workers for construction safety week programming
April 30, 2024
Boston/New York/Los Angeles Shawmut Design and Construction, a $1.6 billion national construction management firm, commemorated its 15th annual Construction Safety Week by welcoming thousands
Colligan of Largo Capital secures mortgage for acquisition of multi-tenant flex/industrial property ...
April 30, 2024
Charlotte, NC Neal Colligan, of Largo Capital, Inc. secured a non-recourse, permanent first mortgage for the acquisition of an 81,120 s/f, multi-tenanted flex/industrial property. The loan was funded through one of Largo’s correspondent life insurance companies with the interest
Ross of Largo Capital secures refinancing for $7.92 million
April 16, 2024
Pickerington, OH Kevin Ross, managing director at Largo Capital, Inc. secured a non-recourse, fixed rate, permanent first mortgage to refinance the existing debt on a community retail property located for $7.92 million. The multi-tenanted property is 90,040 s/f and is 100%
Marty Hennessy celebrates 25 years at Katz & Associates
April 16, 2024
Englewood, NJ Marty Hennessy, president, Katz & Associates is celebrating 25 years at Katz this month. Hennessy has many notable credits to his name, including: successfully negotiating thousands of real estate transactions over the past 30+ years, opening the Katz Florida
Vivian of Largo Capital secures $10 million in financing for two hotels
April 16, 2024
Oklahoma City, OK Katie Vivian, hotel loan originator at Largo Capital, Inc., secured $10 million in financing for two existing limited-service hotels in OKC, Oklahoma and Brownwood, TX. The loan proceeds were used to acquire the 72-key Hampton Inn (OK) and refinance the debt on the 71-key La Quinta Inn
Besen National Team complete the sale of a 129-unit apartment complex
March 26, 2024
Houston, TX Besen Partners has completed the sale of Trafalgar Apartments, a 142,395± s/f apartment complex located on Briarhurst Dr. between Westheimer Rd. and Fairdale Ln. The Besen National team secured an above-market offer on behalf of a pre-existing
Team Betesh arranges $110 million in financing to refinance an office property in Stamford
March 26, 2024
Stamford, CT Meridian Capital Group arranged $110 million in financing to refinance an office property. The financing was provided by a balance sheet lender and was negotiated by Meridian senior managing director, Morris Betesh,
Tishman Speyer acquires land beneath its 50 and 55 Hudson residential developments
March 20, 2024
Jersey City, NJ Tishman Speyer today has acquired the land tied to its ongoing mixed-use development in Jersey City. The two-tower development at 50 and 55 Hudson St. will incorporate nearly 2,000 new apartments, over 70,000 s/f of retail and an approximately
Cronheim secures $6 million permanent financing for 74-unit mid-rise apartment building
March 12, 2024
Hackensack, NJ Cronheim Mortgage has arranged $6 million of long-term financing for the Grand Imperial Apartments, a 74-unit mid-rise apartment building. Andrew Stewart, Dev Morris, and Allison Villamagna placed the loan with Farm Bureau Life Insurance Company
Silber Investment Properties opens
new office in La Jolla
March 12, 2024
La Jolla, CA Silber Investment Properties (SIP), a Long Island-based commercial real estate brokerage firm, has expanded with the opening of their newest office. The brokerage firm’s new West Coast base of operations, located at 875 Prospect St.
JLL has arranged the sale of three seniors housing communities
March 12, 2024
Wildwood, MO JLL Capital Markets has arranged the sale of three seniors housing communities across the St. Louis and Kansas City MSA’s. The communities are located in Wildwood, MO, Town & Country, MO and the Burlington Creek area of Kansas City, MO, and were acquired as a three-property portfolio by a venture
BDP Holdings LLC and JLL to build 130,000 s/f office development
March 12, 2024
Montclair, NJ BDP Holdings LLC, a New Jersey based real estate investment company specializing in the acquisition, development and repositioning of real estate, and JLL have launched The Iris, a new, ground-up 130,000 s/f office
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