National News

SCALE Lending closes $195 million loan for acquisition and construction of Namdar Towers, Miami

Miami, FL Slate Property Group affiliate, SCALE Lending, closed on a $195 million loan for the acquisition and construction of Namdar Towers. The financing is SCALE Lending’s first deal in South Florida — one of the fastest-growing rental markets in the United States. It is one of several markets SCALE Lending is expanding its lending business into.  

American Elevator Group releases "RISE - The Untapped Potential of Women in the Elevator Industry"

Louisville, KY American Elevator Group (AEG), the largest group of select and experienced elevator service providers in the United States, released  RISE - The Untapped Potential of Women in the Elevator Industry, a comprehensive overview

E4H Environments for Health Architecture adds senior associate Carroll

Philadelphia, PA E4H Environments for Health Architecture, one of the largest architecture firm solely dedicated to healthcare and health science + technology facility design, has added senior associate Richard

Villamagna and Stewart of Cronheim arranges $9 million permanent financing for Quakertown Plaza

Quakertown, PA Cronheim Mortgage has arranged $9 million in permanent financing for Quakertown Plaza, a 210,000 s/f grocery-anchored community shopping center, located in Bucks County. The loan was structured on a 20-year self-liquidating basis and was placed with one of Cronheim’s life

Silverstein Properties and Arden Group sign five leases at 1735 Market St. in Philadelphia

Philadelphia, PA According to Silverstein Properties and Arden Group, five new lease signings at 1735 Market St. totaling more than 75,000 s/f. The five leases bring the building to 90% occupancy. They include:

West Shore acquires The Carlyle at Godley Station and The Preserve at Godley Station in Pooler, GA

Pooler, GA West Shore, a multifamily real estate investment firm, has acquired two properties. The Carlyle at Godley Station and The Preserve at Godley Station are upscale apartment communities located less than two miles apart.  West Shore now owns and operates five multifamily

Cleeman and Seelenfreund of Cleeman Realty sell 39,692 s/f Brookshire grocery store in Sweetwater, TX

Sweetwater, TX Cleeman Realty Group brokered the sale of a Brookshire’s grocery store. The 39,692 s/f grocery store is located at 501 E. Broadway Ave. on a 2.07 acre lot. The Brookshire’s is undergoing a $5 million store renovation and continues to be the top supermarket choice

The Bravitas Group hires Brian Silver as managing director

Montclair, NJ Brian Silver has joined The Bravitas Group, Inc. as managing director, acquisitions and strategic initiatives. Brian will work closely with his father Robert, co-founder and CEO of the firm, which specializes in the adaptive reuse of architecturally interesting buildings.

ARC and Hussey Gay Bell complete STEM Building for Savannah Country Day School

Savannah, GA Educators, students, alumni, and community leaders gathered at Savannah Country Day School to celebrate the ribbon-cutting and open house for Mingledorff Hall, the school’s new Science, Technology, Engineering, and Mathematics (STEM) building. Boston-based ARC/ Architectural Resources Cambridge

Cleeman Realty Group arranges the $6.95 million off-market sale of a net lease Food City Supermarket in Maynardville, Tennessee

Maynardville, TN Cleeman Realty Group negotiated the $6.95 million off-market sale of a freestanding Food City Supermarket. The 44,083 s/f store is located at 4344 Maynardville Hwy. on 4.75 acres. Food City has been at this location since early 2008.