Category: Outside The Region

Capstone closes on sale of 17,000 s/f motel for $4 million

Capstone closes on sale of 17,000 s/f motel for $4 million

June 14, 2022
Denver, CO Capstone has closed the sale of Travelers Uptown Motel, 17,614 s/f hospitality property for the sale price of $4 million. Sean Holamon of Capstone represented the buyer on
Largo arranges 95% LTC acquisition financing for office building in Winter Park, FL

Largo arranges 95% LTC acquisition financing for office building in Winter Park, FL

June 14, 2022
Winter Park, FL Kevin Coscia, managing director at the Largo Group of Companies, secured $2.35 million in acquisition financing for a 5,000 s/f suburban office buildin. The building will be 100% owner occupied by one of the largest privately-owned, registered investment advisory firms in Central Florida
Five Below is opening in Nassimi Realty-owned Botany Plaza

Five Below is opening in Nassimi Realty-owned Botany Plaza

June 14, 2022
Clifton, NJ Five Below, the American chain of specialty discount goods, is opening a location as a new tenant at Botany Plaza. The space is approximately 10,000 s/f and construction will begin this month, with
The Betesh Group signs lease for 18,000 s/f in Ironside Newark

The Betesh Group signs lease for 18,000 s/f in Ironside Newark

June 14, 2022
Newark, NJ Edison Properties, a privately-owned real estate holding and development company, has signed a 15-year lease with The Betesh Group, a privately held, multi-million dollar consumer products company, for 18,000 s/f of office space in Ironside
Katz & Associates represents Seymour St. redevelopment for downtown Montclair revitalization project

Katz & Associates represents Seymour St. redevelopment for downtown Montclair revitalization project...

May 24, 2022
Montclair, NJ Katz & Associates is bringing retail and entertainment experiences to the Seymour St. redevelopment project. Katz’s Brian Katz and Amy Staats are exclusive retail leasing agents
Gebroe-Hammer Associates’ $63.5 million sale of Northwoods Estates is first stage of classic multifamily 1031 exchange

Gebroe-Hammer Associates’ $63.5 million sale of Northwoods Estates is first stage of classic multi...

May 24, 2022
North Brunswick, NJ As part of the first stage of a classic multifamily 1031 Exchange, Gebroe-Hammer Associates has arranged the off-market $63.5 million sale of Northwood Estates Apartments, a 253-unit garden
Lionheart and Bank OZK provide $150 million in funding for residential development in Miami

Lionheart and Bank OZK provide $150 million in funding for residential development in Miami

May 24, 2022
Miami, FL Lionheart Strategic Management LLC (Lionheart), an SEC-registered investment advisor that was formed in 2017 as the asset management affiliate of Fisher Brothers, will be providing a $45 million
Kay Properties & Investments has brought a DST offering full cycle

Kay Properties & Investments has brought a DST offering full cycle

May 24, 2022
Winston-Salem, NC Kay Properties & Investments has successfully brought one of its custom Kay Properties DST offerings full cycle on behalf of multiple 1031 exchange and cash investors
G.S. Wilcox & Co. arranges $19.4 million in financing for two office buildings

G.S. Wilcox & Co. arranges $19.4 million in financing for two office buildings

May 24, 2022
New Jersey & Pennsylvania G.S. Wilcox & Co. has arranged $19.4 million in financing for two office buildings. Both financings were secured by the team of partners, Wesley
Sagamore Ventures and Goldman Sachs welcome MAG Partners and MacFarlane Partners to Port Covington development team

Sagamore Ventures and Goldman Sachs welcome MAG Partners and MacFarlane Partners to Port Covington d...

May 24, 2022
Baltimore, MD Sagamore Ventures and the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) have added to the development and investment team for Port Covington that brings together
Flanagan joins PS&S

Flanagan joins PS&S

May 24, 2022
Warren, NJ Andrew Flanagan, Professional Land Surveyor (PLS) has joined PS&S, a full-service architecture, engineering, design, surveying and environmental firm with a 60-year
JLL Capital Markets secures $215 million refinancing for mixed-use portfolio in Pennsylvania and Maryland

JLL Capital Markets secures $215 million refinancing for mixed-use portfolio in Pennsylvania and Mar...

May 24, 2022
MD & PA JLL Capital Markets has arranged $215 million for the refinancing of a 30-property portfolio totaling 1.67 million s/f of retail and medical and traditional office space
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