Property Type

MMCC Arranges $14M Refinancing for Self-Storage Facility in Cape Coral, Florida

by John Nelson October 23, 2025

CAPE CORAL, FLA. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $14 million loan for the refinancing of a 1,016-unit self-storage facility located at 1111 S.W. Pine Island Road in Cape Coral, a southwest Florida city near Naples. Operated by CubeSmart, the 137,900-square-foot property features a wide range of climate-controlled units and moving supplies for tenants. Doug Brooks of MMCC arranged the loan through an unnamed local bank on behalf of the borrower, Island Estate Group, a real estate investment company that operates in Florida, New York, Georgia and South Carolina. The five-year loan was underwritten with a 25-year amortization schedule, 60 percent loan-to-value ratio and 18 months of interest-only payments.

October 23, 2025

Acquisitions Retail Southeast Virginia

Prudent Growth Partners Acquires Retail Center in Chesapeake, Virginia for $5.4M

by John Nelson October 23, 2025

CHESAPEAKE, VA. — Chapel Hill, N.C.-based Prudent Growth Partners has acquired Castle Shops, a 37,309-square-foot retail strip center located in Chesapeake, for $5.4 million. Dollar Tree anchors the two-building property, which was fully leased at the time of sale. Additional tenants include CHKD Thrift Store, Boost Mobile and Liberty Tax. Jeff Fritz and Jay O’Donnell of Colliers represented the seller in the transaction. George Fox, also with Colliers, served as the leasing agent at Castle Shops.

October 23, 2025

Loans Seniors Housing Southeast West Virginia

Cambridge Realty Capital Provides $4.3M HUD-Insured Loan for Skilled Nursing Property in Elizabeth, West Virginia

by John Nelson October 23, 2025

ELIZABETH, W.VA. — Cambridge Realty Capital has provided a $4.3 million HUD 223(f) loan for the refinancing of Elizabeth Care Center, a 36-bed skilled nursing facility located at 83 Little Kanawha Parkway in Elizabeth. The lender used HUD’s new Express Lane program, which facilitated the loan to receive its firm commitment to be accepted 18 days after submission. The borrower was not disclosed, but Coplin Health Systems announced that it sold Elizabeth Care Center to the operator, Providence Health Group, in late 2024.

October 23, 2025

Acquisitions Affordable Housing Massachusetts Multifamily Northeast

Partnership Acquires 430-Unit Affordable Housing Community in Worcester, Massachusetts

by Taylor Williams October 23, 2025

WORCESTER, MASS. — A partnership between affordable housing owner-operator Jonathan Rose Cos. and local developer Schochet Cos. has acquired Plumley Village, a 430-unit community in Worcester. Plumley Village was originally developed in 1970 and rehabilitated in 2005. About 80 percent (342) of the residences are rent-subsidized as project-based Section 8 housing, and the remainder are rent-restricted under a Low-Income Housing Tax Credit land use regulatory agreement with MassDevelopment. Amenities include a community room, business center, convenience store, food pantry, laundry facilities, basketball court, playgrounds and a community garden. The Boys & Girls Club occupies the property’s ground-floor retail space. The seller was The Community Builders.

October 23, 2025

Loans Multifamily New York Northeast

Affinius Capital Provides $36M Loan for Refinancing of Brooklyn Apartment Building

by Taylor Williams October 23, 2025

NEW YORK CITY — Affinius Capital has provided a $36 million loan for the refinancing of 1885 Atlantic Avenue, an 89-unit apartment building in Brooklyn. The property is located in the Stuyvesant Heights neighborhood and offers studio, one-, two- and three-bedroom units. According to StreetEasy, amenities include a fitness center, rooftop deck, media room, package room and onsite laundry facilities. Henry Bodek of Galaxy Capital arranged the loan on behalf of the borrower, New York-based developer The Jay Group, which will also use proceeds to fund leasing costs.

October 23, 2025

Acquisitions Massachusetts Mixed-Use Northeast

Colliers Brokers $4M Sale of Mixed-Use Property in Lexington, Massachusetts

by Taylor Williams October 23, 2025

LEXINGTON, MASS. — Colliers has brokered the sale of a 31,000-square-foot mixed-use property located at 1792 Massachusetts Ave. in Lexington, a northern suburb of Boston. The property is located within Lexington Center and features retail and office space, as well as residential units and a historic movie theater. Kendin Carr led the Colliers team that represented the seller, Viano Realty Trust, in the transaction.

October 23, 2025

Affordable Housing Development Hawaii Multifamily Seniors Housing Western

EAH Housing Completes $58M Affordable Seniors Housing Development in Hawaii

by Amy Works October 23, 2025

HILO, HAWAII — EAH Housing has opened Hale Nā Koa ‘O Hanakahi, an affordable seniors housing development in Hilo. Residences are reserved for seniors age 62 and older earning at or below 80 percent of the area median income, with preference given to veterans and surviving spouses. This marks the first affordable senior living development for veterans in Hawaii. EAH Housing developed the $58 million project in partnership with Hawaii Island Veterans Memorial Inc. The property totals 91 one-bedroom apartments across three two-story buildings, with an additional unit for an on-site property manager. Each unit comprises roughly 546 square feet. Amenities at the property include a community center with a lounge, coffee bar and fitness room. The center also features a multi-purpose room and a non-commercial kitchen for resident use. “This community is the first phase of a larger master-planned campus,” says Denise Nakanishi, chairperson of the board for Hawaii Island Veterans Memorial Inc. “Future plans include a veterans’ center and an outpatient clinic to expand healthcare access and support services for veterans and their families.” Design Partners Inc. was the architect for development, and Maryl Construction Group served as the general contractor. EAH Housing Real Estate Management will oversee operations and maintenance …

October 23, 2025

Gateway-Plaza-Gateway-Courtyard-Fairfield-CA

California Loans Retail Western

JLL Arranges $38M Refinancing for Two Retail Centers in Fairfield, California

by Amy Works October 23, 2025

FAIRFIELD, CALIF. — JLL Capital Markets has arranged $38 million in refinancing for Gateway Plaza and a portion of Gateway Courtyard, two adjacent retail properties in Fairfield. Alex Olson and Danny Ryan of JLL represented the undisclosed borrower in the transaction. Anchored by Trader Joe’s, Gateway Plaza is fully leased to a mix of tenants including Ross Dress for Less, Michaels, Big 5 Sporting Goods and Petco. Gateway Courtyard is also fully occupied by tenants such as Panera Bread, Wingstop, Panda Express, T-Mobile, The Picklr and Nick the Greek.

October 23, 2025

Vistancia-Commerce-Park-FIVE-NORTH-Peoria-AZ

Arizona Development Industrial Western

Barclay Group to Develop 239,700 SF Spec Industrial Park in Peoria, Arizona

by Amy Works October 23, 2025

PEORIA, ARIZ. — Barclay Group is developing Vistancia Commerce Park at FIVE NORTH, a speculative industrial park within the 7,100-acre Vistancia master-planned community in Peoria’s Northern Peoria Corridor. Vistancia Commerce Park at FIVE NORTH will feature 239,700 square feet of industrial space spread across four flexible building configurations. The park will include the 43,600-square-foot Building A, 54,500-square-foot Building B, 48,000-square-foot Building C and 93,600-square-foot Building D, with space divisible down to 9,400 square feet. Buildings will offer 28-foot to 32-foot clear heights, full HVAC, LED lighting and 3,000 amps of power (expandable) per building, as well as both dock- and grade-level loading capabilities. Construction is slated to begin in second-quarter 2026, with delivery expected in second-quarter 2027. Butler Design Group is serving as architect and GM Civil is serving as civil engineer. Riley Gilbert, Marc Hertzberg, Kelly Royle and Nicole Marshall of JLL are handling leasing for the project.

October 23, 2025

Acquisitions Arizona Retail Western

Cushman & Wakefield | PICOR Brokers Sale of 88,848 SF Retail Space in Tucson

by Amy Works October 23, 2025

TUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of a 88,848-square-foot retail space at 9550 E. Golf Links Road in Tucson. Bob Speedway LLC acquired the property from Leyenda En Tiempo for $5.7 million. Greg Furrier and Natalie Furrier of Cushman & Wakefield | PICOR handled the transaction.

October 23, 2025

Newer Posts

Older Posts