With the closing of this latest loan, Amboy Bank's Gregory Scharpf says, the bank has supplied financing of approximately $85 million to Blackstone 360.
Williams has more than 15 years of expertise in project management, commercial real estate development, construction management, and contract negotiation.
"Since the cannabis industry is emerging as a growth market, investors need to appreciate there is an art and a science to converting raw materials of cannabis and finished products,” says CFC principal Ira Singer.
Panelists at ALM's GlobeSt.com Philadelphia conference last week say technologies like the "Internet of Things" are making building management and operation considerably more efficient.
“Both parties were able to recognize the potential for a win/win scenario in the transaction,” says CBRE's Michael Curran, “one that expands Linlo's growing office ownership portfolio, while at the same time providing flexibility to Members 1st in planning for their continued growth.”
“The presence of a high-volume grocer, exceptional demographics and a visible location—in the retail heart of a busy Northeast Philadelphia neighborhood—makes Morrell Plaza an attractive place to conduct business,” says Levin Management's Sidney Singer.