Category: Outside The Region

Neuman Commercial Group named 2022 Top Sales Firm Power Broker

Neuman Commercial Group named 2022 Top Sales Firm Power Broker

February 28, 2023
strong>Bethesda, MD Neuman Commercial Group LLC, a Mid-Atlantic retail center and commercial investment sales firm, has been named a Top Sales Firm 2022 Power Broker winner by CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate information and analytics
JRM Construction Management completes construction in Woodland Park, NJ

JRM Construction Management completes construction in Woodland Park, NJ

February 28, 2023
Woodland Park, NJ JRM Construction Management has successfully completed a major construction project for a confidential client’s Headquarters office building. The project totaled approximately 24,000 s/f and was
Progress Capital arranges $60 million acquisition loan for business park

Progress Capital arranges $60 million acquisition loan for business park

February 28, 2023
Herndon, VA Progress Capital’s partner, Brad Domenico secures $60.5 million in acquisition financing for Fred Arena, CEO of Vision Properties to purchase South Lake at Dulles Corner Business Park
The Altman Companies closes construction loan and commences construction on Altís Grand Lake Willis Phase II

The Altman Companies closes construction loan and commences construction on Altís Grand Lake Willis...

February 28, 2023
Orlando, FL The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, has closed on a $41.217 million construction loan with Comerica Bank on Altís Grand Lake Willis
FM Capital secures $50 million construction loan for 50 Sussex Ave. in Newark, NJ

FM Capital secures $50 million construction loan for 50 Sussex Ave. in Newark, NJ

February 28, 2023
Newark, NJ FM Capital, a New York City-based commercial real estate firm specializing in loan originations and direct lending, has secured a $49,908,489 construction loan in support of 50 Sussex Ave.
Vestian establishes Sun Belt Hub with new Tampa Bay office

Vestian establishes Sun Belt Hub with new Tampa Bay office

February 14, 2023
Tampa Bay, FL Vestian, a global commercial real estate solutions firm, has established a Sun Belt hub with the opening of its new office. Headquartered in Chicago, Vestian serves major domestic and international companies with offices throughout the U.S., Europe, India and China. The establishment
Axiom Capital funds manufacturing & warehouse property in Carol Stream, IL

Axiom Capital funds manufacturing & warehouse property in Carol Stream, IL

February 14, 2023
Carol Stream, IL Axiom Capital Corp. has structured and arranged a $6.75 million permanent loan for the refinance of a single tenant light manufacturing and warehouse property
Square Mile Capital, Bank OZK originate $160 million of construction financing for industrial development

Square Mile Capital, Bank OZK originate $160 million of construction financing for industrial develo...

January 31, 2023
Goodyear, AZ Square Mile Capital Management LLC (“Square Mile Capital”) has originated a $160 million loan to finance the ground-up development of Goodyear AirPark Phase One, an approximately 1,625,586 s/f industrial complex under construction. The loan, which was co-originated with Bank OZK, was made to a joint venture between LPC Desert West, the Southwest division of Lincoln
Pierson Commercial announces two executive promotions

Pierson Commercial announces two executive promotions

January 31, 2023
Marlboro, NJ Pierson Commercial, a leading retail-focused commercial real estate brokerage and advisory services firm with offices in New Jersey and New York City, has named long-time team members Gregg Medvin to executive vice president and
Rosewood Realty Group sells Atlantic City multi-family building

Rosewood Realty Group sells Atlantic City multi-family building

January 31, 2023
Atlantic City, NJ Rosewood Realty Group has completed the sale of two contiguous buildings consisting of 24 apartments for $1.725 million. Rosewood Realty Group's Greg Corbin and Felix Ades represented
Perlman of Largo Group secures two refinances totaling $43 million

Perlman of Largo Group secures two refinances totaling $43 million

January 31, 2023
Ned Perlman, vice president of Originations at The Largo Group of Companies, has secured and arranged two refinances totaling $43 million. Perlman arranged $30 million to refinance an 11-property multifamily
Gebroe-Hammer Associates arranges sale of mixed-use building in Elizabeth, NJ

Gebroe-Hammer Associates arranges sale of mixed-use building in Elizabeth, NJ

January 31, 2023
Elizabeth, NJ Gebroe-Hammer Associates’ executive vice president Stephen Tragash has arranged the sale of 1139 East Jersey St., a six-story, 45,000 s/f mixed-use building, for an undisclosed price. The firm’s Union County market
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