Category: National News

Worth Avenue Capital provides $500,000 loan to Florida investor/developer for condominium construction project

Worth Avenue Capital provides $500,000 loan to Florida investor/developer for condominium constructi...

October 13, 2023
West Palm Beach, FL Worth Avenue Capital, LLC (WAC) closed a $500,000 “follow on” debt offering to a Palm Beach, Florida based real estate developer/investor. The loan proceeds are being used as additional working capital towards the completion of the
Franklin Street arranges 26,940 s/f lease of single-tenant building in Sunshine Industrial Park

Franklin Street arranges 26,940 s/f lease of single-tenant building in Sunshine Industrial Park

October 6, 2023
Clearwater, FL Franklin Street negotiated the lease of a 26,940 s/f single tenant building with one acre of industrial outdoor storage. The property is located in Sunshine Industrial Park, an 83-acre industrial park spanning 219,000 s/f.

Kelly and Dutton of Franklin Street broker 20,000 s/f lease to White Cap, LP at Sunshine Industrial Park

Kelly and Dutton of Franklin Street broker 20,000 s/f lease to White Cap, LP at Sunshine Industrial ...

October 6, 2023
Clearwater, FL Franklin Street negotiated the lease of a 20,000 s/f indoor building space coupled with 1.5 acres of industrial outdoor storage at Sunshine Industrial Park. Franklin Street’s office and industrial services team
JLL Capital Markets arranges $16.65 million refinancing for West Palm Beach office

JLL Capital Markets arranges $16.65 million refinancing for West Palm Beach office

April 21, 2023
West Palm Beach, FL JLL Capital Markets has arranged a $16.65 million refinancing for Courthouse Commons, a fully leased office building totaling 85,660 s/f
The NRP Group breaks ground on 401-unit apartment community in Jersey City

The NRP Group breaks ground on 401-unit apartment community in Jersey City

April 21, 2023
Jersey City, NJ In partnership with Rockwood Capital, Citizens Bank and Fifth Third Bank, National Association and G&S Investors, The NRP Group, a vertically integrated, developer, builder and manager of multifamily housing, has broken ground on a 401-unit multifamily apartment development
Atlantic Property Management awarded multi-state portfolio

Atlantic Property Management awarded multi-state portfolio

March 24, 2023
Boston, MA Atlantic Property Management continues to expand its property management platform nationally after being awarded 11 new management contracts across 7 states, totaling nearly 1.5 million s/f. The properties are located in Maine, New Hampshire, Massachusetts, New Jersey, Ohio, Pennsylvania, and Kentucky.
Silverstein Properties celebrates completion of $60 million capital improvement program

Silverstein Properties celebrates completion of $60 million capital improvement program

March 24, 2023
Los Angeles, CA Silverstein Properties, a leading real estate development and management firm, has completed a $60 million capital improvement program at U.S. Bank Tower. The two-year renovation was designed to meet the evolving needs of traditional and creative office tenants

Shawmut Design and Construction Celebrates Women in Construction Week

Shawmut Design and Construction Celebrates Women in Construction Week

March 17, 2023
Shawmut Design and Construction, a leading $1.3 billion national construction management firm, participated in Women in Construction (WIC) Week, joining the annual celebration that promotes the role of women in the construction industry and highlights the critical need
West Shore acquires eighth luxury apartment community in SC

West Shore acquires eighth luxury apartment community in SC

March 14, 2023
Summerville, SC West Shore, a multifamily real estate investment firm, announces its acquisition of Solis Nexton, a new luxury apartment community located in the award-winning Nexton master-planned community. This marks the Boston-based company’s eighth acquisition in the state
Regal Commercial Real Estate opens office in West Palm Beach

Regal Commercial Real Estate opens office in West Palm Beach

March 10, 2023
West Palm Beach, FL Regal Commercial Real Estate has opened a new office 777 South Flagler Dr., Suite 800, West Tower to better serve it’s existing clients real estate portfolio expansion in Florida. The population has been growing in Florida consistently over the last few years, Regal Commercial has
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

March 3, 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
Marcus & Millichap brokers sale of a 25,000 s/f office building in Ocean Township, NJ

Marcus & Millichap brokers sale of a 25,000 s/f office building in Ocean Township, NJ

January 20, 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
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