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

Award-winning regional construction manager celebrates 50th Anniversary Wilmington, DE — Bancroft Construction has announced a leadership transition that honors the company’s proud history and bright future. After 25 years with the company, 15 years of which as president & CEO, Greg Sawka will retire at the end of 2025, with Mike Petka appointed as his successor. This marks only the second time in Bancroft’s 50-year history that the company’s top leadership has changed hands.

Gary Polao Executive Managing Director Red Star Mortgage Headquarters: Philadelphia Years with company/firm: 20+ Years Years in field: 20+ Years Area of Interest: Non-Bank Lending - Small Balance Commercial Real Estate Loans for Owner User & Investment property Nationwide, loan sized typically under $5MM. Who is your target market? Owners and Users of debt capital for income producing commercial real estate. Sponsors that are frustrated with banks rigid guidelines and long t

Ari Azarbarzin leads transaction with support from Northmarq’s Investment Team BALTIMORE, MD — Northmarq’s Mid-Atlantic Investment Sales team has completed the $5.95 million sale of The Baltimorean, a 66-unit multifamily community located at 2905 N. Charles St., in Baltimore, MD. The property is directly across the street from Johns Hopkins University Northmarq represented the seller in the transaction, 2905 N. Charles Street LLC, and the buyer was Real Estate Dimensions. The

By Carlo L. Batts, MAI, Rittenhouse Appraisals and The Reduxx Group When most people think of real estate appraisers, they picture someone determining what a property is worth. While valuation is certainly core to what we do, the reality is that experienced appraisers bring a broader set of capabilities to the table, with skills that can help solve complex business challenges and save clients significant time and money. After years in this industry, I’ve watched our professio

Lombardi & Nadler lead sales totaling $9.99 Million Camden County, NJ — Horvath & Tremblay continues to strengthen its presence across Southern New Jersey with a series of retail investment sales led by Michael Lombardi and Matt Nadler. Centrum Shoppes in Cherry Hill Centrum Shoppes in Cherry Hill is located at 219-225 Haddonfield-Berlin Rd. Horvath & Tremblay represented the seller and sourced the buyer to complete the transaction at a sale price of $4.97 million. The proper

SOUTH CENTRAL PA — Lewisberry, PA – New View Business Park, a premier class A industrial and business park, is now pre-leasing. The development includes four buildings—10,000 s/f, 18,000 s/f, and two 100,000 s/f buildings (or combined into a single 200,000 s/f facility) —offering flexible space for light industrial, commercial, flex, or wholesale users. Features include 28’ ceilings, Modine gas heat in warehouses, and HVAC in office areas. Developed by Triple Crown Corporatio

Shown from left: Mike O’Rourke - managing director, Business Retention & Expansion, BusinessPA; John L. Augustine III - president and CEO of Penn’s Northeast; Rick Siger – secretary, PA Department of Community and Economic Development (DCED); Aaron Pitts - CCO, PA Department of Community and Economic Development. Pittston, PA — Penn’s Northeast, the leading regional economic development agency servicing nine counties, recently partnered with officials from PA’s Department of

Franklin & Newton, MA — Amalfi Capital has recently exited two investments in the Boston area with its partnerships with Bluerock Value Exchange & Rhino Investments. The sale of The Westerly at Forge Park, a 280-unit residential complex in Franklin, MA, a suburb of Boston for $101 million to DSF Group, and with the sale of Albemarle Gardens in Newton, MA, a 112-unit apartment community located in the Newtonville village of Newton, MA to the Newton Housing Authority. For the B