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In LIC and Greenpoint, New York City-based real estate investor Caerus Group has secured a $30.5 million fixed-rate loan from national real estate lender Argentic on a 65,000-square-foot office portfolio.
Fiumara's promotion marks just the third time that a CBRE sales professional in the greater Philadelphia region and New Jersey region has achieved the vice chairman status.
The NJ TRANSIT office of real estate, economic development and transit-oriented development will assess and develop recommendations for transit-oriented development opportunities for parcels of property in which NJ TRANSIT holds an interest in, with the goal of increasing NJ TRANSIT's non-farebox revenue.
Investments in Orange, Seminole, Lake, Osceola and Volusia counties will be given first priority; though other investments across Florida could also be considered.
SIOR is promoting parity, diversity and inclusion by encouraging and empowering members to extend relationships to CRE professionals, especially women who have considered SIOR membership or would be ideal candidates.
Working on behalf of the borrowers, Lionstone Investments and Midway, JLL arranged $140 million refinancing for GreenStreet, an urban mixed-use office and retail asset totaling 617,000 square feet.
Companies want to create a destination to increase office headcounts because face-to-face interaction remains essential for collaboration, says Camille Tighe, a workplace strategist at architecture firm Vocon.