News: Brokerage

Fantini & Gorga arranges $23.75m for a CVS portfolio

Fantini & Gorga has placed $23.75 million in first mortgage permanent financing for a retail portfolio consisting of 10 CVS Pharmacies located throughout the country. Keith Wentzel, managing director, arranged and placed the transaction with one of Fantini & Gorga's national life company loan correspondents. The geographically diversified portfolio consists of 10 CVS Pharmacies constructed in the last few years in 10 different states. The property locations include a number of strong suburban locations in major metropolitan markets such as Atlanta, Chicago, Dallas, Detroit and Phoenix.
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DMG Brokerage completes $2.7 million sale of 55 Accord Park Dr.

Rockland, MA DMG Brokerage completed thel sale of 55 Accord Park Dr. for $2.7 million. The 26,000 s/f commercial property presented a unique marketing challenge due to its 60% vacancy and site restrictions that limited potential redevelopment options.
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Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.