Category: Outside The Region
Cronheim Mortgage secures $44.5 million for cash-out residential refinances
August 27, 2024
Bethlehem, PA Cronheim Mortgage has secured $44.5 million to refinance two garden-style residential complexes. The cash-out transaction offered an opportunity for the sponsor, Larken Associates, to harvest equity for other development projects
BH Properties acquires premier 405,250 s/f mixed-use hazard center
August 27, 2024
San Diego, CA BH Properties (“BH”), a vertically integrated, value-add real estate investment company, continues its streak of acquisitions with the purchase of Hazard Center, a 405,250 s/f mixed-use campus. Terms of the transaction
Unilever leases 111,000 s/f for its U.S. headquarters at SJP’s waterfront corporate center I
August 27, 2024
Hoboken, NJ In one of the largest Northern New Jersey office leases of the year, Unilever (NYSE: UL), the world’s sixth largest consumer goods company, has selected SJP Properties’ Waterfront Corporate Center I for its U.S. Headquarters
Partner ESI moves to new east coast headquarters
August 27, 2024
Asbury Park, NJ Partner Engineering and Science, Inc. (Partner) announced the August opening of its new office building. The office, which is set to open on August 26 pending final inspection, will serve as Partner’s east coast headquarters
Global Bakery acquires 30,000 s/f light industrial/flex property in transaction arranged by NAI DiLe...
August 27, 2024
West Caldwell, NJ A global brand of hand-crafted gourmet pastries, coffee and tea has acquired a 30,000 s/f industrial property in a sale arranged by NAI DiLeo-Bram & Co. (NAIDB) for an undisclosed price. The property, which is located at 8 York Ave.
BKM Capital Partners executes $110 million recapitalization with global investment manager
August 27, 2024
Newport Beach, CA BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has executed a $110 million recapitalization of a five-property light industrial portfolio. The transaction also marks an expansion of BKM’s partnership
Burgdorf of Capstone closes $1.3 million sale of 7-unit multifamily property
August 27, 2024
Denver, CO Capstone has closed the sale of 3733 Decatur St, a 7-unit multifamily property for the sale price of $1.3 million. Christian Burgdorf of Capstone brokered the transaction
Waterfront restaurant Blue Anchor Bar + Kitchen now open in Newport
August 27, 2024
Newport, NJ According to LeFrak Commercial, Newport Associates Development Company and the owners of Downtown Brooklyn’s Japanese restaurant Teppan Territory, the opening of Blue Anchor Bar + Kitchen, the newest culinary offering to debut in
TruAmerica Multifamily secures new equity in multifamily communities totaling nearly $150 million
August 27, 2024
Los Angeles, CA TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, has completed $146.7 million in asset recapitalizations in two U.S. markets. The transactions include Tesoro Ranch Apartments, a 400-unit community in the Las Vegas
Crescent College and Career Preparatory Academy expands to 66,000 s/f facility
August 27, 2024
Southfield, MI According to OPEN Impact Real Estate (OPEN), a leading woman-owned commercial real estate services company specializing in nonprofit and impact real estate, Crescent College and Career Preparatory Academy, a charter school network, has
Blanton of Largo Capital secures $3.35 million in financing for an industrial property
August 13, 2024
Clearwater, FL Ben Blanton of Largo Capital, Inc. secured $3.35 million financing for an industrial property. Working through one of Largo’s correspondent life company relationships, the 3-year, fixed rate financing features interest only payments
Shawmut Design and Construction builds on $2 million fundraising milestone in 2024 Pan-Mass Challeng...
July 30, 2024
Boston, MA Shawmut Design and Construction, a leading $1.6 billion national construction management firm, participated in its 17th consecutive Pan-Mass Challenge (PMC), raising nearly $65,000 and counting to build on its lifetime fundraising
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