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PHILADELPHIA–Meridian Capital Group, LLC, a New York City-based national commercial real estate finance and advisory firm, reports it has negotiated a $17.85-million mortgage for the refinancing of the Walnut Place luxury multifamily property here on behalf of PMC Property Group.
LITTLE FALLS, NJ–The ownership of Overlook at Great Notch, a 425,000-square-foot Class A trophy office building at 150 Clove Road here has successfully completed a major recapitalization of the property.
NEW YORK CITY-The first tower building at the World Trade Center, 4 World Trade Center, will open tomorrow as a sign of lower Manhattan's renewal from the devastation of 9-11.
BALTIMORE-A $160-million critical care building opened on Friday at the University of Maryland's R Adams Cowley Shock Trauma Center in downtown Baltimore.
UPPER MARLBORO, MD- NVR Inc. of Reston, VA has signed on as the first residential homebuilder to be part of the 479-acre Westphalia mixed-use development to be developed near Andrew's Air Force Base here.
FORT LAUDERDALE-The Corporate Center office tower here is the subject of a foreclosure proceeding by US Bank, which is representing a commercial mortgage-backed securities trust in the action.
FORT LAUDERDALE-The much-heralded but never opened Trump International hotel here that has been saddled with lawsuits and bankruptcy proceedings, is in contract with a partnership that intends to spend $100 million on the 24-story property.
CHESTER, NJ-The ownership of the Chester Springs Shopping Mall here, Heitman and Ramco-Gershenson Properties Trust, has secured $22 million in financing for the grocery-anchored property.