Wednesday, July 8, 2026
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2800 at Sweetwater Lawrenceville
GeorgiaMultifamilySoutheast

RADCO Acquires Apartment Community in Metro Atlanta for $31.7M

by John Nelson

LAWRENCEVILLE, GA. — The RADCO Cos. has purchased The Pointe at Sugarloaf Apartments, a 324-unit multifamily community in Lawrenceville, a northeast suburb of Atlanta in Gwinnett County. RADCO acquired the property for $31.7 million with plans to invest $3.7 million in capital improvements. The Atlanta-based company is using private equity and debt from BBVA Compass to fund the acquisition and renovation of the property, which will be rebranded 2800 at Sweetwater. Built in 1997 on 35.5 acres, the property features one- and two-bedroom apartments and three- and four-bedroom townhomes. The property’s average unit size is 1,002 square feet. Community amenities include a swimming pool with a sundeck, Wi-Fi café, coffee bar, large dog park, playground and a 24-hour fitness center. Berkadia brokered the off-market transaction. RADCO Residential will manage the property.

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Hidden Creek Village Apartments Fayetteville
LoansMultifamilyNorth CarolinaSoutheast

Capstone Capital Secures $15.2M Refinancing of Apartment Community in North Carolina

by John Nelson

FAYETTEVILLE, N.C. — Capstone Capital has arranged the $15 million refinancing of Hidden Creek Village Apartments, a 352-unit community in Fayetteville. Jackson Howard of Capstone Capital arranged the loan through a CMBS lender, which the borrower, a multifamily developer and owner, is using to retire existing debt totaling roughly $15.1 million. The 10-year loan features two years of interest-only payments followed by a 30-year amortization schedule.

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Benton House of West Ashley Charleston
LoansMultifamilySeniors HousingSouth CarolinaSoutheast

Grandbridge Arranges $9.5M Construction Loan for Seniors Housing Property in Charleston

by John Nelson

CHARLESTON, S.C. — Grandbridge Real Estate Capital has arranged a $9.5 million construction loan for Benton House of West Ashley, a 59-unit seniors housing facility set to break ground in Charleston. Benton House will offer both assisted living and memory care services upon completion in the summer of 2017. Richard Thomas of Grandbridge’s seniors housing and healthcare finance team in Atlanta arranged the loan through BB&T on behalf of the borrower, Principal Senior Living Group, which will manage the property upon completion. Principal Senior Living currently operates more than 20 properties in Georgia, Florida, South Carolina, Missouri and Kansas.

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Riverview-Norwalk-CT
ConnecticutMultifamilyNortheast

The Silverman Group Acquires 92-Unit Apartment Community in Connecticut for $19.5M

by Amy Works

NORWALK, CONN. — The Silverman Group has acquired Riverview, an apartment community located on Richards Avenue in Norwalk, for $19.5 million as part of a 1031 exchange. Built in 1991, the 92-unit community features underground garage parking and value-add opportunities to renovate units. Jeffrey Dunne, Gene Pride and Travis Langer of CBRE represented the seller, an institutional owner, in the transaction.

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LoansNew YorkNortheastRetail

Paradigm Commercial Closes Five Loans Totaling $30M in New York

by Amy Works

NEW YORK CITY AND WESTCHESTER COUNTY, N.Y. — Paradigm Commercial Real Estate has closed five loans totaling $30 million secured by 20 retail centers in the Bronx and Westchester County. A Connecticut-based private family owns the properties, many of which are occupied by small single-tenant users, including an on-site dry cleaner facility. The loans, which were provided by a regional bank, are fully non-recourse and feature a 30-year amortization schedule.

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Salina-Meadows-Syracuse-NY
New YorkNortheastOffice

Second City Real Estate Sells Four-Building Office Asset in Syracuse for $15.8M

by Amy Works

SYRACUSE, N.Y. — Second City Real Estate has completed the sale of Salina Meadows, a four-building office property located at 200, 220 and 231 Salina Meadows Parkway and 301 Plainfield Road in Syracuse. A local investor acquired the 239,320-square-foot Class A office park for $15.8 million. At the time of sale, the office park was 85.2 percent leased to a variety of tenants, including Traveler’s Indemnity Co., Mutual of Omaha Insurance Co., Walgreen Co. and Acadia Insurance Co. Rob Rizzi, Jose Cruz, Kevin O’Hearn, David Fowler and Michael Oliver of HFF represented the seller in the transaction.

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IndustrialMassachusettsNortheast

CBRE/NE Arranges $10.35M Sale of Industrial Facility in Massachusetts

by Amy Works

DEVENS, MASS. — CBRE/New England has arranged the sale of an industrial facility located at 36 Saratoga Blvd. in Devens. Cabot Properties acquired the 162,000-square-foot facility from J.G. Petrucci Co. for $10.35 million. Developed in 1999, the property was fully occupied at the time of acquisition. Bob Gibson, Dave Pergola and Brian Doherty of CBRE/NE represented the seller and procured the buyer.

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418-Meadow-St-Fairfield-CT
ConnecticutNortheastOffice

Angel Commercial Brokers $2.9M Sale of Office Building in Connecticut

by Amy Works

FAIRFIELD, CONN. — Angel Commercial has arranged the sale of a commercial office building located at 418 Meadow St. in Fairfield. Milford, Conn.-based Julian Enterprises acquired the 24,866-square-foot building from BAO Partners for $2.9 million. Situated on 1.05 acres, the building features 24,866 square feet of office space. Brett Sherman of Angel Commercial represented the seller, while Lester Fradkoff of Angel Commercial represented the buyer.

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the-atlantic-building-washington-DC
District of ColumbiaLoansMixed-UseOfficeRetailSoutheastTop Stories

KeyBank, Walton Street Originate $196M Refinancing for The Atlantic Building in D.C.

by Haisten Willis

WASHINGTON, D.C. — A partnership between KeyBank Real Estate Capital and an affiliate of Walton Street Capital LLC have originated a $196 million first mortgage loan for Douglas Development Corp. The loan is secured by The Atlantic Building, a 280,000-square-foot trophy office building with ground-floor retail located in the east end of Washington D.C. The 10-year, fixed-rate loan includes a 65 percent loan-to-value ratio and refinances the existing debt on the property. KeyBank and Walton Street will provide servicing and advisory services for the life of the loan. The Atlantic Building is located at 950 F St. N.W. The property integrates seven historic buildings and facades with a 10-story office building next to Ford’s Theatre, the site where President Abraham Lincoln was assassinated in 1865. Built in 1887, the building was the city’s first privately constructed high-rise with elevator service. The historic exteriors have since been preserved and incorporated into the modern version of the property, which was redeveloped between 2004 and 2006. The Atlantic Building includes 283,512 rentable square feet, of which 29,172 square feet is retail and 35,340 square feet is office. In addition, there are 322 below-grade parking spaces and Metro access from the red, blue and …

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