Category: Outside The Region
HLC Equity’s 156-unit Southgate Apartments in Dallas secures long-term financing
March 28, 2023
Princeton, TX HLC Equity, a leading private equity firm specializing in real estate investment and management, has successfully refinanced Southgate Apartments, a 156-unit multifamily property into long-term debt. Originally a
Standard Communities completes largest acquisition, 3,200 affordable units in FL and GA
March 14, 2023
Standard Communities, a major national affordable housing developer and investor, has acquired controlling interest in an affordable housing portfolio of nearly 3,200 units in Florida and Georgia. The transaction is Standard’s largest acquisition
Bigge and Liebherr add the LRT 1130 to Perfect Fleet
March 14, 2023
Las Vegas, NV Bigge Crane and Rigging Co. has announced the addition of Liebherr’s newest LRT 1130-2.1 rough terrain crane to its Perfect Feet® at ConExpo 2023. This German-engineered crane features 140 US-ton lifting capacity and the longest telescopic boom of any 2-axle rough
Marcus Partners acquires fully leased industrial property in Piscataway, NJ
March 14, 2023
Piscataway, NJ Marcus Partners is expanding its New Jersey industrial portfolio with the acquisition of 151 Old New Brunswick Rd. This 89,070 s/f existing industrial property is 500 feet from the exit ramp of I-287 and less than 30 minutes south of the Port. This newly
Besen Partners complete the $65.5 million sale of 764,364 ± s/f multi-tenant warehouse complex
March 14, 2023
Paterson, NJ Besen Partners has completed the sale of 217-297 Getty Ave a 3-story 764,364± s/f multi-tenant warehouse/industrial building complex built on a 16.6 acre lot located in Passaic County between Madison Ave. and Thomas St
Shawmut Design and Construction Celebrates Women in Construction Week
March 14, 2023
Shawmut Design and Construction, a leading $1.3 billion national construction management firm, participated in Women in Construction (WIC) Week, joining the annual celebration that promotes the role of women in the construction industry and highlights the critical need
Meridian Capital Group arranges $30.7 million in acquisition financing for The American
March 14, 2023
Morris Plains, NJ Meridian Capital Grouphas arranged $30.7 million in acquisition financing for The American, a multifamily mid-rise property on behalf of Shamah Properties
Colligan of Largo Group arranges $10 million for refinance of multifamily property
March 14, 2023
Wilmington, DE Neal Colligan, principal at The Largo Group of Companies, arranged $10 million for the refinance of a multifamily property. The property, currently 99% occupied, consists of 49 buildings that contain
Urban Edge Properties signs two long term tenants at East Hanover industrial warehouses
March 14, 2023
East Hanover, NJ According to Urban Edge Properties (NYSE:UE), that Best Way Trucking (186,855 s/f) and Decker Tape Products, Inc. (99,527 s/f) have signed long-term leases
Axiom Capital funds office building in South Carolina
February 28, 2023
Daniel Island, SC Axiom Capital Corp. has structured and arranged a $9 million (1 year + 12 month option, floating rate, non-recourse) bridge loan for the refinance of an office building
Ross of Largo Capital arranged $56 million refinance of grocery-anchored retail centers portfolio
February 28, 2023
Kevin Ross, managing director of Largo Capital Limited, arranged $56 million to refinance the existing debt secured by a portfolio of grocery-anchored retail centers. The portfolio is comprised of five properties totaling 473,000
KNPRE 1031 acquires FedEx ground distribution facility
February 28, 2023
Lansing, MI Keystone National Properties (KNPRE), a real estate sponsor that specializes in impact and tax advantaged investment opportunities for accredited investors, has acquired a FedEx Ground distribution facility
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