Category: Outside The Region
Blanton of Largo Capital secured financing for a grocery anchored retail center
January 30, 2024
Atlanta, GA Ben Blanton from Largo Capital, Inc. successfully secured acquisition financing for a grocery anchored retail center for $5.75 million. The financing was sourced through one
Blanton of Largo Capital secures mortgage to refinance 91-room hotel
January 30, 2024
Orlando, FL Ben Blanton of Largo Capital, Inc. secured a 10-year permanent first mortgage to refinance the existing debt plus cash-out for a 91-room Avid (IHG) Hotel
LERA Opens new office in Jaipur, India
January 30, 2024
Jaipur, India LERA Consulting Structural Engineers (LERA), a structural engineering consulting firm based in New York, has opened a new office in India. The office is under the leadership of Nayan Trivedi P.E., partner at LERA
Cronheim Mortgage secures $11 million life-co financing for Walmart anchored Marketplace at Cinnamin...
January 16, 2024
Cinnaminson, NJ Cronheim Mortgage has secured $11 million for the refinancing of the Marketplace at Cinnaminson, a 328,000 s/f Walmart-anchored shopping center. Andrew Stewart, Dev Morris, and Allison Villamagna collaborated to
Red Oak Capital Holdings provides $5.8 million bridge loan for affordable housing
January 16, 2024
Washington, DC Red Oak Capital Holdings, LLC has provided a $5.8 million bridge loan for the Hawaii Ave. Apartments, a pair of multifamily buildings. The funds will be used to acquire and rehabilitate the properties into 22 multifamily units to be rented
SCALE Lending issues $243 million in loans on two new residential developments
January 16, 2024
Jersey City, NJ SCALE Lending has finalized two cross-collateralized loans totaling $243 million with Namdar Group for two multifamily buildings in Journal Sq. SCALE issued a $160 million construction loan for Namdar Group
Thorofare Capital refinances class A multifamily property in San Diego
January 16, 2024
San Diego, Ca Thorofare Capital, Inc., an affiliate of asset management platform Callodine Group, provided a $26 million loan to Chapman Place LLC for the refinancing and lease-up of Chapman Place Apartments Point Loma submarket. The
Gebroe-Hammer Associates and Berkadia orchestrate sale of The Metropolitan Lofts
January 16, 2024
Morristown, NJ Gebroe-Hammer Associates and Berkadia have announced the sale of 59 class A multifamily units at The Metropolitan Lofts in downtown for an undisclosed price.
Colliers Structured Finance Group closes $27.8m Fannie Mae loan for Edgeway apartment community
January 16, 2024
Bellflower, CA The Colliers Structured Finance Group (SFG) has closed a $27.765 milliion Fannie Mae loan for the refinancing of Edgeway, a 91-unit multifamily property. The loan is priced at 5.5% for five years and was arranged for Serrano Development Group by Colliers
Zeman joins Acentech to lead California office
January 16, 2024
Los Angeles, CA According to Acentech, John Zeman, LEED AP, BD+C has joined the firm to lead its local office. Zeman brings a 20-year career in architectural acoustics, environmental
Downing of Largo Capital secures mortgage to refinance mixed-use property
January 16, 2024
Apopka, FL Max Downing of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a mixed-use property. The project was recently renovated and is fully leased to a blend of retail and office
Wingate Multifamily closes on Boulevard North in Atlanta
January 16, 2024
Atlanta, GA Wingate Multifamily, a newly formed affiliate of Wingate Companies of Newton, MA, closed on Boulevard North, the fourth phase of Wingate’s multi-phase redevelopment in the Old Fourth
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