Newmark’s Western U.S. multifamily capital markets team has expanded its footprint to Portland with the addition of Frank Solorzano as Managing Director.
Solorzano will collaborate closely with Executive Vice Chairman Joseph Smolen and Vice Chairmen Nick Kucha, Geoff Boler and others in advancing the team’s multifamily investment sales and equity placement work across the West. The addition of Solorzano underscores Newmark’s strategic expansion in key U.S. markets, including a significant West Coast multifamily growth initiative.
Solorzano has been instrumental in closing over $4.5 billion in transactions, encompassing more than 15,000 multifamily units. He joins Newmark from JLL, where he specialized in multifamily investment sales and equity placement across Oregon and Washington.
Northwood Ravin demolished a dated Charlotte public library in order to make way for a 300-unit apartment development. The Charlotte Business Journal reports the plan is to include 21,400 square feet of retail as well. The 4.5-acre south-end property is at 101 Scaleybark Road. The retail component is part of a larger mixed-use development that...
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Terra and Fortune International Group secured a $220 million predevelopment loan from Blackstone Real Estate Debt Strategies for their planned ultra-luxury condominium development on the former Silver Sands Beach Resort property at 301 Ocean Drive in Miami’s Key Biscayne. Walker & Dunlop Capital Markets Institutional Advisory, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean...
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BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 units nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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