Category: Outside The Region
IIBEC’s 40th anniversary at the 2023 IIBEC International Convention and Trade Show
January 17, 2023
Raleigh, NC Celebrating its 40th anniversary, IIBEC will return to Houston, TX, for the 2023 IIBEC International Convention and Trade Show, March 3–6. Building enclosure professionals from across North America and more than 110 exhibitors
Marcus & Millichap brokers sale of a 25,000 s/f office building in Ocean Township, NJ
January 17, 2023
Ocean Township, NJ Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of Ansell Grimm Office Building, a 25,000 s/f property
G.S. Wilcox & Co. arranges $10 million in financing for affordable development
January 17, 2023
Union, NJ G.S. Wilcox & Co. has completed $10 million in permanent financing for a 2 building, 88-unit affordable housing apartment community. The financing, arranged by Gretchen Wilcox, president, and David Fryer, principal, was secured
Gebroe-Hammer Associates arrange $11.9 million sale of two multifamily properties
January 17, 2023
East Orange, NJ Gebroe-Hammer Associates’ executive managing director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit St. and 60 North Arlington Ave. Apartments, two historic residential
JLL Capital Markets arranged a $250 million credit facility for United Hampshite US REIT
January 17, 2023
JLL Capital Markets has arranged a $250 million credit facility for United Hampshire US REIT, a Singapore REIT with 23 properties located across the East Coast. JLL’s Corporate Banking Advisory Group (“CBA”) represented the corporate borrowers
JRM Construction begins work on Rutgers new admissions office
December 27, 2022
Newark, NJ JRM Construction Management will collaborate with L+M Development Partners to construct a new admissions office for Rutgers, The State University of New Jersey encompassing 4,122 s/f. The new office will be located at 155 Washington St.
Fenestration and Glazing Industry Alliance plans 2023-2024 events
December 27, 2022
Schaumburg, IL The Fenestration and Glazing Industry Alliance (FGIA) has formalized its 2023 and 2024 conference schedule, beginning with the FGIA 2023 Annual Conference taking place February 13-16 in Coronado, CA. “FGIA is excited to share a new slate of host cities, which we feel is a great mix of both member favorite locales and new sites for the Association
Cantor Fitzgerald sells 865 Bellevue Apartments in Nashville
December 27, 2022
Nashville, TN Cantor Fitzgerald, L.P. (Cantor Fitzgerald1) has sold 865 Bellevue Apartments. The sale was facilitated on behalf of investors in 865 Bellevue Apartments, resulting in a total return of 156% of their aggregate original investment and an internal rate of return of 15% over the approximately three-year hold period.2
Knowlton of Capstone sells Union Boulevard Apartments for $6.4 million
December 27, 2022
Colorado Springs, CO Capstone has closed the sale of 801-849 S Union Blvd., a 29,732 s/f multifamily property for the sale price of $6.4 million. Pat Knowlton of Capstone represented the seller and the buyer. Union Boulevard Apartments was built in 1972 and has undergone significant upgrades throughout the property, including parking lots,
Keystone acquires Walgreens Call Center in Orlando, FL
December 27, 2022
Orlando, FL Keystone National Properties (KNPRE), a real estate and private equity firm that specializes in impact and tax advantaged investment opportunities for accredited investors, has acquired a Walgreens Call Center for their
Turnbridge Equities completes sale of 738,000 s/f warehouse portfolio in Newark, NJ
December 27, 2022
Newark, NJ Turnbridge Equities (Turnbridge), a real estate investment and development firm that invests in commercial and industrial opportunities in high-growth and high barrier-to-entry markets, in partnership with Long Wharf
RockFarmer Properties expands presence in San Antonio with acquisition of 104-unit rental property
December 27, 2022
San Antonio, TX RockFarmer Properties, a privately held, fully integrated vertical development and investment firm based in New York City—and Old Three Hundred Capital, an Austin, TX-based multifamily operator— have
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