National News

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

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

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

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

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

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

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, 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

Shawmut Design and Construction Celebrates Women in Construction Week

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

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

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