Category: Outside The Region

Institutional Property Advisors closes $61 million multifamily asset sale

Institutional Property Advisors closes $61 million multifamily asset sale

August 15, 2023
Goodyear, AZ Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Cabana Encanto, a 286-unit attainable housing asset. The $61 million sale price represents $213,287 per unit and $354 per s/f.
The Paradox Museum, built by JRM Construction Management, has opened to the public

The Paradox Museum, built by JRM Construction Management, has opened to the public

August 15, 2023
East Rutherford, NJ The Paradox Museum has finally been completed and is ready for visitors. Built out by JRM Construction, the museum features over 70 interactive exhibits for guests to immerse themselves in and enjoy. Located at The American Dream Mall
Verada launches retail leasing at 10726 SW 7th St.

Verada launches retail leasing at 10726 SW 7th St.

July 25, 2023
Sweetwater, FL Verada, a Brooklyn-based boutique real estate firm specializing in commercial retail space, announced the launch of retail leasing at 10726 SW 7th St. Located at the base of Terrazul, a new 22-story student housing development situated near Florida International University
Hach of Refined arranges $6.25 million in bridge financing

Hach of Refined arranges $6.25 million in bridge financing

July 25, 2023
Monroe Township, NJ Refined announced a recent transaction facilitated by Joe Hach, partner at Refined. Hach arranged $6.25 million in bridge financing for a 102-lot land
LAWA celebrates the groundbreaking of LAX’s Midfield Satellite Concourse South

LAWA celebrates the groundbreaking of LAX’s Midfield Satellite Concourse South

July 25, 2023
Los Angeles, CA At a ceremony attended by members of the Los Angeles Board of Airport Commissioners, Los Angeles World Airports (LAWA) executives and staff and members of the design and construction team, the newest addition to Los Angeles International Airport (LAX)’s multi-billion-dollar Capital Improvement Program broke ground today. The project, Midfield Satellite Concourse (MSC) South, is an extension
Slate Property Group and McCourt Partners provide $59 million loan to enable completion of multifamily development

Slate Property Group and McCourt Partners provide $59 million loan to enable completion of multifami...

July 25, 2023
Jersey City, NJ Slate Property Group, in partnership with McCourt Partners, announced that it has provided Sequoia Development Group and Bushburg Properties with a $59 million bridge loan to enable the final stages of construction at 711 Montgomery St
Hach of Refined closes 5-year permanent mortgage for multifamily property

Hach of Refined closes 5-year permanent mortgage for multifamily property

July 25, 2023
Dawsonville, GA Refined, a leading commercial real estate financing firm, announced the recent closing of a 5-year permanent mortgage for a multifamily property. The mortgage transaction was expertly arranged by Joe Hach, a partner at Refined, with a consistent track record of closing deals in the Southeast, particularly
Andover Properties acquire self-storage facility in Naples, FL

Andover Properties acquire self-storage facility in Naples, FL

July 25, 2023
Naples, FL Andover Properties announced the acquisition of a 105,000 s/f self-storage facility. The facility, previously operated as Jim’s Stowaway, will be rebranded under Andover’s Storage King USA brand
Calnan of J. Calnan & Associates honored as EY Entrepreneur Of The Year 2023

Calnan of J. Calnan & Associates honored as EY Entrepreneur Of The Year 2023

July 25, 2023
Quincy, MA Jay Calnan, CEO of J. Calnan & Associates (JC&A), has been named the EY Entrepreneur of the Year for 2023. The independent panel of judges recognized Calnan's exceptional entrepreneurial spirit, long-term value creation, purpose-driven approach, remarkable growth, and significant impact in his field
Tenerity Inc. relocating to Clarion Partners’ Merritt 7

Tenerity Inc. relocating to Clarion Partners’ Merritt 7

July 25, 2023
Norwalk, CT Clarion Partners LLC and Marcus Partners announced the signing of three new tenants at Merritt 7 Park, including customer engagement and marketing firm Terenity Inc. relocating
GFI Realty Services advises on the $115 million sale of 440-unit garden apartment complex

GFI Realty Services advises on the $115 million sale of 440-unit garden apartment complex

July 25, 2023
strong>Plainsboro, NJ GFI Realty Services, LLC announced the $115-million sale of Addison at Princeton Meadows, a 440-unit garden apartment complex, located at 2821 Pheasant Hollow Dr. The GFI team of Allan Szlafrok, Eli Maryl, Ohad Babo, and Michael Weiser advised the buyer, Colony Hills Capital, in this transaction. The seller is KRE, a Jersey City based real estate investment, development, and property management
Shawmut Design and Construction reaches two million dollars raised for Pan-Mass Challenge

Shawmut Design and Construction reaches two million dollars raised for Pan-Mass Challenge

July 25, 2023
Boston, MA Shawmut Design and Construction, a leading $1.3 billion national construction management firm, participated in the 2023 Pan-Mass Challenge (PMC), marking the sixteenth consecutive year the firm has partaken in the two-day bike-a-thon in Massachusetts. This year, Team Shawmut has raised almost $100,000 and counting—accumulating over two million dollars in total fundraising to support Dana-Farber Cancer
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