Category: Outside The Region

LeFrak completes largest high-rise multifamily solar panel installation in NJ

LeFrak completes largest high-rise multifamily solar panel installation in NJ

January 28, 2025
Newport, NJ New York-based real estate developer LeFrak completed the largest solar panel installation on a high-rise multifamily residential building in New Jersey. The Beach, a 336-unit rental tower, is now home to a 180kW, 450-panel rooftop
Cronheim Hotel Capital secures $10.5 million to refinance the Residence Inn Atlanta Cumberland

Cronheim Hotel Capital secures $10.5 million to refinance the Residence Inn Atlanta Cumberland

January 28, 2025
Atlanta, GA Beau Williams and Drew Gilligan of Cronheim Hotel Capital (“CHC”) have secured a $10.5 million permanent loan on behalf of PEG Companies to refinance the existing debt on the 130-room Residence Inn Atlanta
Camber Real Estate Partners and Invesco Real Estate acquire five-building industrial portfolio

Camber Real Estate Partners and Invesco Real Estate acquire five-building industrial portfolio

January 28, 2025
Burlington County, NJ Camber Real Estate Partners (Camber), in partnership with Invesco Real Estate, the $85 billion global real estate investment business of Invesco Ltd. (NYSE: IVZ), has acquired a five-building industrial
Resource Realty of Northern New Jersey reports a strong 2024 finish with over $154.69 million in transactions

Resource Realty of Northern New Jersey reports a strong 2024 finish with over $154.69 million in tra...

January 28, 2025
Parsippany, NJ Resource Realty of Northern New Jersey (RRNNJ) is reporting strong transaction results for 2024, completing 75 leases and 10 sales totaling over $154.69 million in commercial real estate transactions across New Jersey and Southern New York
Avatar provides $4.35 million for midscale hotel

Avatar provides $4.35 million for midscale hotel

January 28, 2025
Portland, TX Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $4.35-million loan on an IHG-branded property. The loan proceeds were used toward
Marcus & Millichap Capital Corporation arranges $89.6 million construction financing for two multifamily projects

Marcus & Millichap Capital Corporation arranges $89.6 million construction financing for two multifa...

January 28, 2025
Chanhassen, MN Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments
Cleeman Realty Group announces the off-market sale of a Hy-Vee Supermarket

Cleeman Realty Group announces the off-market sale of a Hy-Vee Supermarket

January 28, 2025
Fort Dodge, IA Cleeman Realty Group has completed the $4.25 milion off-market sale of a net leased Hy-Vee Supermarket located at 115 S 29th St. The asset is strategically positioned within Fort Dodge’s primary retail hub, offering
Blanton of Largo Capital completes a $14.5 million permanent first mortgage refinance

Blanton of Largo Capital completes a $14.5 million permanent first mortgage refinance

January 28, 2025
Riverview, FL Ben Blanton of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a 119-room Hilton Garden Inn. The 10-year, fixed-rate, non-recourse financing includes interest only payments for the life
Carr Properties forms joint venture and closes on construction financing of 425 Montgomery Street

Carr Properties forms joint venture and closes on construction financing of 425 Montgomery Street

January 28, 2025
Alexandria, VA According to Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, the Company closed on an equity joint venture with Barings to develop 425 Montgomery Street
Thorofare Capital provides nearly $43 million in financing for Twin Cities active adult community

Thorofare Capital provides nearly $43 million in financing for Twin Cities active adult community

January 28, 2025
Minneapolis-Saint Paul, MN Thorofare Capital (“Thorofare”), an affiliate of asset management platform Callodine Group, LLC, provided a $42.895 million bridge loan to refinance Risor of St. Louis Park
Freshfields US LLP to relocate to Carr Properties’ Midtown center

Freshfields US LLP to relocate to Carr Properties’ Midtown center

January 28, 2025
Washington, DC Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, announced that global law firm Freshfields
Gateway Merchant Banking to redevelop Orange Memorial Hospital

Gateway Merchant Banking to redevelop Orange Memorial Hospital

January 28, 2025
Orange, NJ Gateway Merchant Banking (Gateway), an award-winning real estate development and investment firm, has announced plans to revitalize 188 South Essex St., the site of the Orange Memorial Hospital
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