The Most Comprehensive Source for Commercial Real Estate News in the Region 

CHICAGO, IL — Byline Bank’s Commercial Real Estate Group (BCREG) closed out December 2025 with five financing transactions totaling $43 million, all completed with returning BCREG borrowers. The transactions spanned industrial outdoor storage, multi-tenant industrial, self-storage and flex industrial assets across Illinois, Ohio, Wisconsin and New Jersey. The deals were primarily structured as refinancings, bridge loans and permanent financings, reflecting a broader market sh

$45.5M loan recapitalizes Island Waterpark at Showboat in Atlantic City Minneapolis, MN/ Atlantic City, NJ — Island Waterpark at Showboat, a 120,000 s/f water park and entertainment center in Atlantic City, NJ, secured a $45.5 million C-PACE loan, the first C-PACE loan to close in New Jersey’s new C-PACE program on Dec. 31, 2025. The loan will recapitalize the construction loan used to build the park, which includes 10 waterslides, a multi-level children’s play structure, a l

HARRISBURG, PA — St. John Properties, Inc. has named Bryan Cyphers as regional partner for its new PA regional office, coinciding with the vertical construction on Phase I of Swatara Exchange, in Harrisburg. Nearly two years ago, St. John Properties revealed plans to demolish portions of Harrisburg Mall and reposition it with a project featuring a mix of multi-use flex/R&D product, single-story commercial office space, and complementary inline and retail pad sites. Swatara Ex

Philadelphia, Pennsylvania – O’Donnell & Naccarato (O&N), a leading structural engineering firm specializing in innovative and client-focused design solutions, proudly announces the promotion of Liam McNamara, PE, to Principal. Based in the firm’s New York office, McNamara brings more than 15 years of experience delivering complex structural engineering solutions across a diverse range of project types. McNamara began his career at O’Donnell & Naccarato’s Philadelphia office

420 Washington St. HOBOKEN, NJ – Marcus & Millichap announced today the sale of two mixed-use properties located along Washington Street, Hoboken’s primary retail corridor.  The first transaction involved the sale of 420 Washington St., a three-unit mixed-use property. Alan Cafiero, Devin Perez and Dean Matuszewicz, investment specialists in Marcus & Millichap’s New Jersey office, represented the seller and procured the buyer in the $2,850,000 transaction.  1004 Washington St

Team Resources Inc. Promotion Announcement Team Resources Inc. is pleased to announce the promotion of Alex Rosenberg to Senior Vice President. Over the past five years, Alex has participated in more than 5,000,000 square feet of lease and sale transactions, totaling over $200 million in real estate activity. Over the eight-plus years he has been with us, he has consistently demonstrated an exceptional work ethic, unwavering dedication, and a steadfast commitment to serving h

Baltimore, MD – W. Thomas Fahs, Vice President – Predevelopment and Master Planning for COPT Defense Properties, has been elected to the Board of Directors of NAIOP Maryland. The local trade association, which has more than 400 members and represents the interests of the commercial real estate industry throughout the state, is part of NAIOP, a network of approximately 55 chapters in North America. NAIOP Maryland is comprised of commercial real estate development companies and

Sayreville, NJ — JLL Capital Markets has secured a $47.5 million refinancing for Camelot West at Townelake, a newly delivered 176-unit luxury multifamily community in Sayreville. JLL worked on behalf of the borrower, Kaplan Companies, in arranging the five-year, fixed-rate loan through a regional bank. Camelot West at Townelake, located at 5105 Brown Rd. in Sayreville’s Middlesex County, offers residents convenient access to public transportation and highway infrastructure wi