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Madison Realty Capital Lends $77M for Whole Foods-Anchored Texas DevelopmentA joint venture between Trademark Property Company and Harrison Street Asset Management has sealed $77 million of construction financing to build a mixed-use development in the Dallas-Fort Worth region anchored by Whole Foods, Commercial Observer has learned.
Grocery-Anchored Queens Retail Secures $32M FinancingNorthmarq’s New York Metro Debt + Equity team, led by Robert Delitsky and Charles Cotsalas, arranged $32 million in financing for Springnex Plaza, a 96,028-square-foot retail property located in the Springfield Gardens neighborhood of Queens.
Northmarq Arranges $75M Acquisition Loan for Grocery-Anchored Queens CenterNorthmarq’s New York Debt + Equity team led by Robert Delitsky and Keith Braddish arranged a $75-million loan for the acquisition and redevelopment of Whitestone Shopping Center, a 119,584-square-foot grocery-anchored shopping center located at 153-17 Cross Island Pkwy.
Northmarq Arranges $50.8M Loan for Grocery-Anchored Retail Center in Metro D.C.POTOMAC, MD. — Northmarq has arranged a $50.8 million permanent, fixed-rate loan for the refinancing of Potomac Place Shopping Center, an 80,040-square-foot retail center located in Potomac, roughly 15 miles northwest of downtown Washington, D.C.
Northmarq Arranges Refi for Grocery-Anchored Queens RetailNorthmarq’s New York Metro Debt + Equity team led by Robert Delitsky and Keith Braddish arranged the $15-million refinance of Atlantic Plaza Shopping Center.
Affinius Capital Provides $35M Refi for Grocery-Office Asset Near HoustonHoward Hughes Communities has secured a $35 million loan to refinance Village Green at Bridgeland Central, a nearly 200,000-square-foot mixed-use development that includes retail and office space in Cypress, Texas, Commercial Observer can first report.
Transit-Oriented Fair Lawn Multifamily Scores $67M Construction LoanPCCP has provided a $66.85-million senior loan to Sterling Properties and Danbro Properties for the construction of Plaza Greene, a 145-unit, Class A, 55+ multifamily community with a ground-floor grocer in Fair Lawn, NJ.
Northmarq Arranges Life Company Loan on Grocery-Anchored Long Island RetailNorthmarq’s New York Metro Debt + Equity team, led by Robert Delitsky and Dylan Hamer, arranged a $13.5-million financing for Strathmore Commons Shopping Mall, a 146,381-square-foot grocery-anchored retail center located in Middle Island, NY, within Long Island’s Suffolk County.
Grocery-Anchored Bayside Center Secures $150M FinancingJLL Capital Markets has arranged $150 million in financing for Bay Terrace Shopping Center, a premier grocery-anchored shopping center located in the Bayside neighborhood of Queens.
Associated Bank Completes $23M Retail Redevelopment Loan in Buffalo GroveAssociated Bank announced the completion of a $22.6 million loan to Shorewood Development Group for the acquisition and renovation of a vacant 66,083-square-foot former grocery store at 1160 W. Lake Cook Road in Buffalo Grove, Illinois.
G4 Capital Takes Over Site of Williamsburg Trader Joe’s for $65MThe site of a Trader Joe’s in Williamsburg, Brooklyn, has been handed over to its lender for $65 million following a planned foreclosure auction, according to city records made public Thursday.
PCCP Provides $130M Construction Loan for Mott Haven Mixed-Use ProjectA joint venture between Shorewood Real Estate Group and Bogopa Enterprises has secured $130 million in construction financing to build The 360, a 13-story, grocery-anchored residential property that will deliver 304 apartment units to the Bronx, Commercial Observer can first…
JLL Arranges $74.5M Refinancing for Trader Joe’s-Anchored Shopping Center in CharlottesvilleCHARLOTTESVILLE, VA. — JLL Capital Markets has arranged a $74.5 million loan for the refinancing of the Shops at Stonefield, a 267,294-square-foot shopping center located in the Central Virginia city of Charlottesville, just two miles north of the University of Virginia.