News:
Owners Developers & Managers
Posted: December 2, 2008
CBRE Capital Markets complete $11.55 million in acquisition financing
Executive VP Keith Braddish and VP Jason Gaccione, both of CBRE Capital Markets, N.Y.C. along with executive VP Robert LaChapelle, executive VP Richard Jordan, and senior analyst Matt Forgione of CBRE Capital Markets, Atlanta and senior VP Steve Heffner out of CBRE Capital Markets Charlotte office have arranged $11.55 million to facilitate the acquisition of Midtown Crossing, a 228-unit garden-style apartment community. The financing was arranged on a seven-year term, 30-year amortization schedule with a Freddie Mac capped ARM product, which carried a 3.63% interest-only rate at closing. In-house financing was structured by the CBRE Capital Markets Freddie Mac seller/servicer division.
MORE FROM Owners Developers & Managers
Routine Properties acquires Bristol Business Park at 383 Middle St. - 406,665 s/f industrial campus
Bristol, CT Routine Properties, a boutique real estate development and investment firm specializing in industrial assets throughout the Northeast, has acquired the Bristol Business Park, a 406,665 s/f industrial campus located at 383 Middle St.
.png)
 (1).png)
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
 (1).png)