Category: Outside The Region

Colligan of Largo arranges $6.71 million for acquisition of multifamily property

Colligan of Largo arranges $6.71 million for acquisition of multifamily property

February 28, 2023
Carlisle, PA Neal Colligan, principal at Largo Capital, arranged $6,71 million for the acquisition of a 120-unit multifamily property. The property, currently 98% occupied, consists of 15 buildings that contain
Gebroe-Hammer Associates names Gehler to vice president

Gebroe-Hammer Associates names Gehler to vice president

February 28, 2023
Philadelphia, PA Gebroe-Hammer Associates, the nationally ranked multifamily-focused investment sales brokerage firm, has named Joseph Gehler to the role of vice president and is the newest member of its management team, according
BEB Lending provides $5 million in acquisition financing for 87,000 s/f industrial property in Kearny, NJ

BEB Lending provides $5 million in acquisition financing for 87,000 s/f industrial property in Kearn...

February 28, 2023
Kearny, NJ BEB Lending, the finance platform of BEB Capital, announced today it has provided a $5 million, 18-month bridge loan for the acquisition financing of an 87,000 s/f industrial property on 2.44 acres at 244 Duke St. The financing
Kalikow Group sells 9.5 acres to Harris Teeter

Kalikow Group sells 9.5 acres to Harris Teeter

February 28, 2023
Apex, NC The Kalikow Group, a fourth-generation, New York development and management firm and Experience One LLC, has sold to Harris Teeter, a Matthews, NC-based grocer, 9.5 acres of land for a 64,000 s/f grocery store/gas station
ShainRealty Capital completes first company disposition of 200-unit multifamily portfolio

ShainRealty Capital completes first company disposition of 200-unit multifamily portfolio

February 28, 2023
Chicago, IL A 200-unit multifamily portfolio has sold. The SR8 Portfolio, encompassing eight properties within a 2-mile radius, sold to a local Chicago syndicate, led by Eagle Infinite Investments. The transaction marks
Axiom Capital funds industrial property in Palm Coast, FL

Axiom Capital funds industrial property in Palm Coast, FL

February 28, 2023
Palm Coast, FL Axiom Capital Corp. has structured and arranged a $3.1 million bridge loan for the refinance of a 139,801 rentable s/f multi-tenant, industrial property
Ashkenazy Acquisition Corporation acquires 200,000 s/f retail property in Chicago

Ashkenazy Acquisition Corporation acquires 200,000 s/f retail property in Chicago

February 28, 2023
Chicago, IL Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and Chairman Ben Ashkenazy, announced the acquisition of Gateway Centre, an approximately 200,000 s/f retail property
G.S. Wilcox & Co. secures $19.97 million construction loan for East Brunswick warehouse

G.S. Wilcox & Co. secures $19.97 million construction loan for East Brunswick warehouse

February 28, 2023
East Brunswick, NJ G.S. Wilcox & Co. has completed $19.97 million in construction financing for a warehouse building to be built on spec. The non-recourse financing was secured by Bridget Wilcox, partner, and Al Raymond, principal, from a regional bank on a 3-year term with extension options
Progress Capital arranges construction financing for Hunter Lofts redevelopment project

Progress Capital arranges construction financing for Hunter Lofts redevelopment project

February 28, 2023
Roselle Park, NJ Kathy Anderson and Caillin Boles of Progress Capital secured a $14.95 million construction loan for The Kontos Group (owner/developer) of Hunter Lofts, a redevelopment project lead
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
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