Hampshire-backed REIT adds grocery-anchored retail centers in Philadelphia, Richmond

A real estate investment trust with ties to The Hampshire Cos. has purchased retail centers in Pennsylvania and Virginia, marking its first deals after an initial public offering.

Saxum lands $47 million loan for Philadelphia rental project, JLL says

Saxum Real Estate has secured nearly $47 million in financing for a 297-unit multifamily project in Philadelphia, according to a Morristown-based debt placement team with JLL.

LMC touts 165,000 sq. ft. in leases, renewals during COVID emergency

Burlington Stores has leased 47,000 square feet at a Secaucus shopping center, in the largest of several newly announced transactions by Levin Management Corp.

CBRE promotes Philadelphia, New Jersey investment sales broker to vice chairman

A veteran investment sales broker in CBRE’s New Jersey and Philadelphia markets has earned a promotion to vice chairman, the highest title for producers within the company.

Camden rental building among $445 million portfolio sale by Dranoff

Dranoff Properties is selling a well-known luxury apartment building in Camden as part of a six-building, $445 million portfolio sale announced Tuesday.

Procida: $58 million funding deal spurs Philadelphia opera house rehab

A developer is set to restore the historic Metropolitan Opera House in Philadelphia with the help of $58 million in financing arranged by Procida Funding, an Englewood Cliffs-based firm.