Lee & Associates has negotiated a 3,163-square-foot restaurant lease at Riverwalk Plaza, 175 W Jackson Avenue, Suite 223, Naperville, Illinois. The landlord, Naper Limited Partnership, was represented by Michael Petrik, Associate, and Rick Scardino, Principal at Lee & Associates. The…
MonticelloAM, a specialized multifamily and seniors housing bridge lending platform, closed $18 million in bridge financing for a seniors housing community in Wisconsin. The financing originated with Karina Davydov, managing director at MonticelloAM. Proceeds from the $18 million bridge loan…
Lee & Associates arranged the sale of 831 E. Huntington Dr., also known as Huntington Professional Center, a professional office and medical center, in Monrovia. The buyer and seller were not disclosed. The property sold for $7.65 million and is…
RIPCO Real Estate closed the sale of 88-56 162nd St. for $18.8 million, marking the largest new construction multifamily building sale in the Special Downtown Jamaica District since its 2007 neighborhood-wide rezoning. Measuring 49,264 square feet, the seven-story building features 51…
An Amazon delivery station will locate in Tyler. The Tyler Economic Development Council completed the sale of 30 acres to Amazon for the construction of a new delivery station. The new 140,000-square-foot facility will be located at the Tyler Interstate…
Kroll Bond Rating Agency (KBRA) predicted “a record year” for CMBS in 2025, with issuance and special servicing volume expected to reach “peak levels not seen since the global financial crisis” of 15 years ago. At the same time, though,…
Houston-based Radom Capital, a real estate investment and development firm focused on mixed-use properties, has purchased out of foreclosure the retail portion of developer StoryBuilt’s Willa mixed-use condo development on South First Street in Austin, reported the Austin Business Journal….
Flacks Group acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel. It’s located on the banks of the Savannah River, a short distance from the iconic Augusta National Golf Club, home of The Masters Tournament. Built in 2019, the…
Red Oak Capital Holdings, LLC has provided $14.5 million in financing for Gateway Center, a 272,300-square-foot regional shopping center in West Bloomfield, Michigan. The proceeds will be used to refinance a portion of the multi-tenant property. The interest-only loan carries…
Pasadena-based ExchangeRight acquired 13 net-leased properties for an undisclosed sum as part of a sale-leaseback transaction with Tractor Supply. The properties collectively span more than 425,000 square feet across Arizona, Florida, Georgia, Indiana, Maryland, Ohio, Pennsylvania, South Carolina and Texas. ExchangeRight has now expanded its portfolio of assets net leased to…
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