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ATLANTA—Officials with locally-based Stonehill Strategic Capital, LLC say that the firm has established a target of $500 million in hotel financing deals this year.
CARY, NC—The Regency Creek I office building has been sold by Princeton, NJ-based Chambers Street Properties to Intercontinental Real Estate Corp. of Boston.
NEW YORK CITY—The firm has promoted Gus Nuzzolese, Esq. to president and Darren Leiderman to COO of the firm's Long Island operations, effective immediately.
HERNDON, VA—Government information technology software reseller DLT Solutions will be relocating its corporate headquarters this August to 2411 Dulles Corner Park here.
EDGEWATER, NJ—Two residents of the Avalon at Edgewater luxury apartment complex have filed a federal class action lawsuit in connection with the devastating five alarm fire last month that destroyed more than half of the units there.
PARAMUS, NJ—Bergen County Executive James Tedesco remains committed to not selling the county-owned Bergen Regional Medical Center here and plans to establish a committee to make recommendations on the hospital's future.
ATLANTA—Varden Capital Properties of New York City has secured $19.5 million in acquisition financing from mortgage lender Greystone for its purchase of the Hartford Place Apartments here.
GREENSBORO, NC—Ecolab Inc., headquartered in St. Paul, MN, will expand its Kay Chemical Co. operations here by building a new 37,000-square-foot office building here.