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

Baltimore, MD — Greenberg Gibbons has appointed Chris Edgar as VP of Capital Strategy. In this newly created position, he will play a key role in spurring the firm’s continued growth, overseeing investor relations and strategic fundraising initiatives across the organization. “Adding Chris to our leadership team will help build on the success of our first private equity fund and strengthen our existing investor relationships, while expanding our capital foundation for the n

Sunbury, PA – Weis Markets celebrated the grand opening of its Middletown store with a preview event and ribbon cutting. The new 64,000 square-foot store, which is part of the Bayberry Town Center development and located at 935 McKim Street, is the 4th Weis Markets store to open in Delaware and the first new construction for the company in the state. The store will open to the public on November 13. "We are proud to bring Weis Markets to the Middletown community and welcome l

Philadelphia, PA – Dave Eckrote, P.E., has been named Philadelphia Office Director for LeMessurier, establishing the firm’s new Mid-Atlantic office. A seasoned structural engineer with over 25 years of experience, Dave is known for his client-focused approach to delivering innovative structural solutions for institutional and developer-led projects.

Construction on 188,200 s/f cold storage building in Lynden can move forward Steve Rogovich ENGLEWOOD, N.J. - Kennedy Funding is known internationally for its ability to close loans, even when — and especially when — the pathway forward isn’t clear. With the recent $3 million closing of a cash-out refinance loan to a foreign national borrower, the New Jersey-based direct private lender proved once again that they have the experience to close amid incredibly challenging ci

G.S. Wilcox & Co. announced it has arranged $110,500,000 in permanent financing for a five building industrial portfolio located in Northern New Jersey. The loan was arranged by President & Founder Gretchen Wilcox and Principal Al Raymond through a correspondent life insurance company of the firm’s and featured an attractive seven-year fixed rate, interest only structure. The five building industrial portfolio was 97% leased at the time of closing and totaled over 800,000 squ

NJ lender closed loan after previous lender backed out Edwin Urrego ENGLEWOOD, NJ — Some much-needed new housing is coming to one of America’s fastest-growing metropolitan areas. New Jersey-based direct private lender Kennedy Funding closed a $2,050,000 loan to The Beach Dallas LLC, to acquire 62.696 acres of raw land at 2700 Simpson Stuart Rd. in Dallas, TX. The borrower is under contract to acquire the property for $3 million, and Kennedy has agreed to permit the seller to

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