Category: National News
The Broadway Company sells 'Le Charles' in Montreal for $8.65 million
June 3, 2022
Montreal, Canada Boston-based real estate investment firm The Broadway Company has sold 3639-3641 Sainte-Famille, a 51-unit apartment building in the heart of the McGill Student District in Montreal, Quebec, Canada. The sale price was $8.65 million CAD
Scheer and Cleeman of Cleeman Realty Group sell 56,504 s/f Winn Dixie Supermarket in Pinson, AL
June 3, 2022
Pinson, AL Cleeman Realty Group negotiated the off-market sale of a freestanding Winn Dixie Supermarket. The 56,504 s/f building is located
Newmark facilitates $457.5 million sale and $365 million financing of off-market multifamily portfol...
June 3, 2022
Oklahoma City, OK Newmark Multifamily has facilitated a $457.5 million sale and $365 million financing of a 20-property multifamily portfolio spanning from the Carolinas to Oklahoma. The 2,899-unit portfolio was sold for New York-based Cedar Grove Capital to Austin-based GVA Real Estate
DPS Group expands office in Philadelphia
June 3, 2022
Conshohocken, PA DPS Group, a privately-owned, global engineering, procurement, construction management, validation (EPCMV), and technical services firm serving the life science industries, has expanded
Community Housing Network announces $14 million housing investment in Sault Ste. Marie
May 27, 2022
Sault Ste. Marie, MI Community Housing Network, southeast Michigan’s largest housing resource nonprofit organization, will break ground this spring with support
Cleeman Realty Group arranges the $9 million portfolio sale of two net lease Winn Dixie supermarkets...
May 13, 2022
Willison, VT Cleeman Realty Group arranged the $9 million portfolio sale of two net lease Winn Dixie supermarkets located in Williston and Crawfordville. Both properties recently underwent multi million dollar store renovations
Cronheim Mortgage secures $21 million for grocery anchored retail property in New Providence
May 13, 2022
New Providence, N.J. Cronheim Mortgage has arranged $21 million in permanent financing for a 108,000 s/f grocery-anchored shopping center. The 10-year financing amortizes over 30 years and was placed with American United Life Insurance Company, whom Cronheim represents as correspondent and servicer. The borrower
Cronheim Mortgage finances two shopping centers in Arizona and Florida
May 13, 2022
Palm City, FL Cronheim Mortgage has arranged $15.1 million in permanent financing for two retail properties. The 10-year financing amortizes over 30 years. Allison Villamagna, Dev Morris, David Poncia, and Andrew Stewart represented the borrower. The two properties total 109,188 square feet.
Scheer and Kaufman of Cleeman Realty Group sell 198,085 s/f Wilmington Plaza
May 13, 2022
Wilmington, OH Cleeman Realty Group brokered the off-market sale of Wilmington Plaza. The 198,085 s/f shopping center is anchored by a s Kroger grocery store and was 83% occupied at the time of closing. The property is on a 24.06-acre site off Rombach Ave.
JLL Capital Markets closes sale of 164,701 s/f distribution/warehouse facility in Shakopee
May 6, 2022
Shakopee, MN JLL Capital Markets closed the sale of a 164,701 s/f, single-tenant distribution and warehouse facility fully leased to Logistics Insight Corp. in the Minneapolis suburb.
Sagamore Ventures and Goldman Sachs Asset Management expand The Port of Covington development team
May 6, 2022
Baltimore, MD Sagamore Ventures and the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) said that an addition to the development and investment team for Port Covington that brings together two of the leading woman-owned
Meshel rejoins CBL Properties as senior vice president-redevelopment
May 6, 2022
Chattanooga, TN Jon Meshel has rejoined CBL Properties (CBL) as senior vice president – redevelopment after spending the last three years overseeing mixed-used redevelopments at Centennial. Prior to joining Centennial in 2019, he spent 20 years at CBL working on all aspects of regional
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