Matthews Logo

Navigation Menu

In the News

Brick buildings at 6110-6114 Park Ave, part of a West New York multifamily portfolio sold in New Jersey

Three-Building Multifamily Portfolio Trades for $3.89M in New Jersey

WEST NEW YORK, NJ—Matthews™, a commercial real estate investment services and technology firm, represented the seller in the disposition of a fractured multifamily portfolio located at 6110-6114 Park Ave in West New York, New Jersey. Senior Vice President & Director David Ferber facilitated the $3,890,000 transaction. The seller initially explored selling the properties individually as part of a strategy to reposition their holdings and pursue larger investment opportunities. Leveraging Artemis, the firm’s proprietary AI-powered CRM, Ferber expanded the properties’ exposure to qualified multifamily investors. The firm directly sourced a buyer, a longtime client, who expressed interest in acquiring the entire 21-unit portfolio rather than the individual buildings. The buyer secured the properties at an attractive 6.70% cap rate and approximately $185,000 per unit. Located in the North Hudson County submarket, the 21-unit multifamily portfolio consists of three brick condominium buildings totaling approximately 15,750 square feet. All units feature two-bedroom layouts, with 18 operating as free-market units. The properties offer approximately 32% potential rental upside and benefit from convenient access to public transportation, neighborhood amenities, and Manhattan, located approximately five miles away. “This closing reflects the value of staying engaged, adapting our strategy, and maintaining clear communication throughout the process. After exploring the sale of the buildings separately, we secured a buyer for the full 21-unit portfolio, delivering a streamlined outcome for our seller and an attractive investment for our buyer,” Ferber said. “Our relationships on both sides, combined with Matthews’ collaborative platform and consistent execution, were instrumental in closing this transaction.” For more information, please contact David Ferber or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Image of David Ferber, CPA Author

David Ferber, CPA

Senior Vice President & Director

2026 Globest_Influencers in Healthcare_Mike & Rahul Blog Image

Matthews™ Healthcare Division Named GlobeSt.’s 2026 Influencers in Healthcare Real Estate

LOS ANGELES, CA— Matthews™ Healthcare Division, led by Executive Vice Presidents & Senior Directors Michael Moreno and Rahul Chhajed, has been recognized by GlobeSt. as one of its 2026 Influencers in Healthcare Real Estate, highlighting the division’s contributions to the healthcare investment sales industry.   Founded in 2016 by Moreno and Chhajed, Matthews™ Healthcare Division has grown from a two-person practice into a national platform specializing in medical office, ambulatory surgery, dental, veterinary, dialysis, behavioral health, and urgent care properties. Together, Moreno and Chhajed have advised on more than $2.6 billion in career transaction volume across over 1,300 transactions, including nearly $1.2 billion across approximately 500 transactions since 2023.   Recent accomplishments include the $36.75 million off-market sale of a North Carolina medical office portfolio anchored by Metrolina Nephrology and Fresenius, the sale of the four-property Spokane Eye Clinic Portfolio, and the record-setting sale-leaseback of the Legacy Brain & Spine portfolio in Georgia. During the first half of 2026, Moreno and Chhajed also spearheaded a 135% year-over-year increase in the division’s investment sales volume.   The recognition underscores Matthews™ Healthcare Division’s continued growth and Moreno and Chhajed’s leadership in expanding the firm’s national healthcare investment sales platform. Through their specialized expertise and extensive transaction experience, the division continues to strengthen its presence across the healthcare real estate sector.   Click here to learn more about this award and its recipients.

Aerial view of Enterprise Business Center, a Temecula industrial business park with five buildings

Matthews™ Secures Temecula Industrial Business Park for 1031 Exchange Buyer

RIVERSIDE, CA—Matthews™, a commercial real estate investment services and technology firm, brokered the acquisition of Enterprise Business Center, located at 41735-65 Rider Way and 27462 Enterprise Circle Way in Temecula, California. Senior Vice President and Senior Director Chris Nelson and Senior Associate Jack DeLine represented the buyer in the transaction. The seller, a private investor, sold the property to a buyer completing a 1031 exchange who sought an industrial asset in Southern California aligned with her long-term investment objectives. Through targeted prospecting efforts and their knowledge of the local market, Nelson and DeLine directly sourced the opportunity and secured the property for the buyer, facilitating a timely transaction that accommodated the buyer’s exchange requirements. Enterprise Business Center consists of five individually parceled industrial buildings, each ranging from approximately 4,000 to 8,000 square feet. The property operates as a unified business park while offering the flexibility to finance or sell individual buildings separately. This unique configuration provides the buyer with multiple options for future asset management and disposition. “This site was unique because while it operates as a park, it is actually five individually parceled buildings. This gives the buyer solid long-term flexibility should they decide to exit to users down the road or finance certain pieces separately,” Nelson said. “We are seeing sites in South Riverside County selling at higher in-place yields than the rest of Southern California for much higher quality product. We believe this area, which has traditionally been looked at as a secondary market, is starting to perform much more like some of the more dense infill markets.” For more information, please contact Chris Nelson and Jack DeLine or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Image of Chris Nelson Author

Chris Nelson

Senior Vice President & Senior Director

Trulieve cannabis dispensary at 601 South High Street in Columbus Ohio sold in cannabis dispensary sale

Trulieve Dispensary Disposition Sets Eight-Year Retail Pricing Record in Columbus

COLUMBUS, OH—Matthews™, a commercial real estate investment services and technology firm, represented the buyer and seller in the sale of a cannabis dispensary located at 601 South High Street in Columbus, Ohio. Vice President Alexander Machado brokered the $4,150,000 transaction, marking the highest sale price for a retail property sold in the Downtown submarket within the last eight years.* The seller, Zoned Properties, a longtime Matthews™ client, secured a new 10-year lease with Trulieve, one of the nation’s largest cannabis operators, before bringing the property to market to capitalize on its increased value. Through targeted outreach, Machado connected with a New York-based private investor seeking to reinvest proceeds from a property sale through a 1031 exchange. Recognizing an opportunity to guide the buyer through her first cannabis dispensary acquisition, Machado leveraged his specialized industry knowledge to provide insights on Trulieve, market developments, and the property’s long-term investment potential. Through consistent communication over several months, Machado helped the buyer navigate the investment process, ultimately securing the sale at an 8.19% cap rate. Located in Columbus’ Brewery District, the approximately 9,900-square-foot property was renovated in 2025 and benefits from proximity to Downtown Columbus, German Village, and surrounding residential neighborhoods, restaurants, and entertainment destinations. The asset is corporately guaranteed by Trulieve under an absolute NNN lease structure that extends through June 2035, with 3% annual rent increases and two five-year renewal options. “This transaction highlights the critical importance of specialized market knowledge and proactive buyer engagement, especially in emerging sectors like cannabis real estate,” Machado said. “We were able to educate the buyer on industry specifics and tenant strength, ensuring they met their 1031 exchange objectives with a high-quality, passive income asset.” *Data Compiled from Downtown Submarket Retail Sales Sold Within the Last Eight Years | CoStar Group, Inc. For more information, please contact Alexander Machado or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Image of Alexander Machado Author

Alexander Machado

Vice President

Aerial view of Magnolia Marketplace sale in New Orleans, a shopping center anchored by Ross Dress for Less, T.J. Maxx, Five Below, Ulta Beauty, PetSmart and Michaels

Magnolia Marketplace Trades for the First Time Since Development in 2015

NEW ORLEANS, LA—Matthews™, a commercial real estate investment services and technology firm, arranged the sale of Magnolia Marketplace, located at 2900 S Claiborne Ave in New Orleans, Louisiana. Senior Vice Presidents Pierce Mayson and Kyle Stonis, and Associate Vice President Boris Shilkrot brokered the transaction. The deal marked the highest sale price for a retail property sold within the Mid-City/Central City submarket within the last 10 years.* The seller, Stirling, originally developed Magnolia Marketplace in 2015, and pursued the sale following nearly a decade of ownership. Leveraging its deep retail sector expertise, Matthews™ positioned the asset around its strong national credit tenant lineup and established presence in the New Orleans retail market. The firm directly sourced the buyer, Agree Realty (NYSE: ADC), a real estate investment trust (REIT), which was attracted to the property’s high-quality tenant mix and alignment with its investment strategy. The transaction closed successfully for both parties, allowing Agree Realty to add a high-quality retail asset to its portfolio while Stirling retained ownership of the Raising Cane’s outparcel. Located along South Claiborne Avenue in New Orleans, Magnolia Marketplace is a 100% leased shopping center benefiting from prominent street frontage and exposure to approximately 54,435 vehicles per day. The property features a strong lineup of national retailers, including Ross Dress for Less, T.J. Maxx, Michaels, Five Below, PetSmart, and Ulta Beauty. “We’re excited to get another strong retail asset sold in the heart of New Orleans,” Mayson said. “Magnolia Marketplace is an extremely high-quality development, which the sellers brought to fruition in 2015, and since then it has proven itself as a shopping mainstay within the community, characterized by a best-in-class national credit anchor line-up.” *Data Compiled from Mid-City/Central City Submarket Retail Sales Sold Within the Last 10 Years | CoStar Group, Inc. For more information, please contact Pierce Mayson, Kyle Stonis, and Boris Shilkrot or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Image of Pierce Mayson Author

Pierce Mayson

Senior Vice President

Michael Inforzato in a gray suit and navy tie smiling in front of the Philadelphia skyline, joining the Matthews seniors housing division

Matthews™ Adds Experienced Healthcare Operator to Growing Seniors Housing Division

PHILADELPHIA, PA—Matthews™, a commercial real estate investment services and technology firm, welcomed Michael Inforzato as First Vice President of the Seniors Housing division in Philadelphia, Pennsylvania. Inforzato specializes in the acquisition and disposition of skilled nursing, assisted living, independent living, memory care, and continuing care retirement communities across the Northeast and Mid-Atlantic. Prior to entering commercial real estate brokerage, Inforzato spent more than a decade in healthcare operations, including 12 years as a regional director of rehabilitation. In that role, he oversaw multi-facility portfolios, improved Case Mix Index performance, and supported the development and implementation of memory care programs. His firsthand operating experience provides a deeper understanding of the reimbursement structures, facility performance, and day-to-day operational considerations that influence seniors housing investments. Since transitioning into brokerage, Inforzato has advised owners and operators on seniors housing transactions throughout the Northeast, including assisted living communities, skilled nursing facilities, and senior living campuses across New England and New York. His experience includes bringing a New England skilled nursing portfolio valued at more than $250 million through the transaction process. Inforzato was particularly drawn to the firm’s emphasis on technology and its ability to support more sophisticated underwriting. Having developed his own analytical tools throughout his career, he sees the firm’s investment in data and technology as an opportunity to bring greater precision to seniors housing transactions, where factors such as reimbursement structures, payer mix, and occupancy trends can significantly influence asset values. “Owners in this sector need an advisor who knows how these buildings actually run, not just how they trade,” Inforzato said. “At Matthews I can pair twelve years of operating experience with a platform built on data and national reach, and that’s the practice I’m building here.” Cory Rosenthal, Executive Managing Director and National Director of Multifamily, says Inforzato’s operational background brings a valuable perspective to the firm’s growing Seniors Housing division. “Seniors housing is a highly specialized asset class that requires an understanding of both real estate fundamentals and healthcare operations,” Rosenthal said. “Michael understands what drives value at the property level, and that perspective will be instrumental as we expand our reach in the seniors housing market.” For more information, contact a Matthews™ specialized agent or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Image of Michael Inforzato Author

Michael Inforzato

First Vice President

Keene Plaza Blog Hero

Matthews™ Brokers Sale of Keene Plaza Following $12M Redevelopment

TAMPA, FL—Matthews™, a commercial real estate investment services and technology firm, represented the seller in the disposition of Keene Plaza, located at 2150 East Bay Drive in Largo, Florida. Senior Vice Presidents Pierce Mayson and Kyle Stonis, and Associate Vice President Boris Shilkrot brokered the transaction. The seller, Paradise Ventures, a repeat Matthews™ client, brought the property to market as part of a capital recycling strategy to fund future development projects. Following the center’s extensive $12 million redevelopment, including the addition of a new Sprouts Farmers Market, Matthews™ positioned the asset around its long-term grocery anchor, national tenant mix, included outparcels, and remaining value-add potential. Targeting established shopping center investors, Matthews™ directly sourced the buyer, MCB Real Estate, which was attracted to the asset’s combination of stable, long-term income and opportunities for additional value creation through lease-up. Situated within the established Mid-Pinellas retail corridor, Keene Plaza benefits from strong visibility, convenient access, and proximity to surrounding residential neighborhoods, with approximately 93,500 vehicles passing through the nearby intersection daily. Anchored by Sprouts Farmers Market, the 81,272-square-foot shopping center features a mix of national tenants. The property also includes outparcels occupied by McDonald’s, Little Caesars, and Twistee Treat. “We’re thrilled to get another Sprouts-anchored center sold in Southwest Florida,” Stonis said. “Keene Plaza is a truly rare combination of a long-term, tier one grocery anchor with included outparcels and valuable remaining upside – a great fit for our buyer’s portfolio and testament to the continued strong demand for retail we see in Southwest Florida.” For more information, please contact Pierce Mayson, Kyle Stonis, and Boris Shilkrot or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Image of Pierce Mayson Author

Pierce Mayson

Senior Vice President

Michael Tran in a suit in front of the Dallas skyline, joining Matthews as an industrial investment sales Dallas specialist

Matthews™ Strengthens Industrial Platform with Dallas SVP Hire

DALLAS, TX—Matthews™, a commercial real estate investment services and technology firm, welcomed Michael Tran as Senior Vice President in Dallas, Texas. Tran specializes in industrial investment sales nationwide, advising private investors, developers, and institutional clients on the development, acquisition, and disposition of small bay and shallow bay flex industrial properties. His expertise also includes site selection, site planning, and market analysis to help developers identify opportunities and maximize investment returns. Prior to joining Matthews™, Tran spent more than six years at Colliers, most recently serving as Associate Vice President in Capital Markets. During his tenure, he advised clients across investment sales, corporate real estate, and complex transaction advisory, developing a comprehensive understanding of property-level fundamentals and broader investment strategies. Tran was drawn to Matthews™ for its investment in technology and data-driven tools that help agents better serve their clients. “Matthews has more than doubled in size over the past four years, and it’s exciting to see firsthand what’s driving that growth,” Tran said. “The technology and resources behind the platform give us the ability to deliver more than traditional market analysis. I’m looking forward to using these tools to help flex industrial developers make smarter decisions, uncover new opportunities, and maximize investment returns.” Senior Managing Director Andrew Gross says Tran’s addition will help further expand the firm’s industrial capabilities and reach nationwide. “Michael has built strong relationships throughout the industry and understands how to approach opportunities from both the property and capital sides of a transaction,” Gross said. “Pairing that experience with our capital markets resources creates a real opportunity to build deeper relationships with industrial owners and expand what we can offer them nationally.” For more information, contact a Matthews™ specialized agent, or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.      

Image of Andrew Gross Author

Andrew Gross

Senior Managing Director

Man in a navy suit in front of the New York City skyline representing Matthews New York expansion

Matthews™ Deepens New York Presence as Key Service Lines Scale

NEW YORK, NY—Matthews™ has continued to scale its New York presence, growing agent headcount by 26% over the past year while strengthening its specialized practices. Across the broader New York platform, Matthews™ generated nearly $1 billion in transaction volume across investment sales, leasing, and financing in the first half of 2026. The expansion is particularly evident in retail leasing and capital markets, two divisions that have gained significant scale alongside the firm’s established investment sales business and are contributing to a more diversified New York platform. Capital Markets Extends the Platform First Vice President Andrew Marcus, a local debt and equity specialist, established the New York office’s capital markets division in 2024 to create a dedicated financing presence in the market. Two years later, the division has grown by 400%. That growth has translated into scale beyond the five boroughs, with more than $100 million in financing arranged across over 40 deals in more than 20 states in the first half of 2026. By year-end, the division is expected to close more than 70 deals, with financing volume projected to surpass $300 million. A key transaction was the $26.72 million financing for Stony Creek Marketplace, a fully leased, 196,810-square-foot Class A shopping center in Noblesville, Indiana. Anchored by leading national retailers and drawing more than 4.8 million annual visits, the property represents the caliber of assets the New York-based division is financing as its reach continues to grow nationally. Retail Leasing Builds Momentum Vice President Matt Fogel joined the New York office in Q3 2025 as its first retail leasing hire, expanding the office’s capabilities across landlord and tenant representation across the city’s highly nuanced retail market. A year later, the firm’s New York division has seen a 400% increase in retail leasing experts. The expansion is translating directly into production. In the first half of 2026, the retail leasing and advisory division has successfully arranged dozens of leases on behalf of both Landlords and Tenants in Manhattan, Brooklyn, and Queens. One Platform, More Ways to Advise As Matthews™ continues to expand its New York footprint, Executive Managing Director and National Director Cory Rosenthal views the growth of these specialized practices as both a reflection of the platform’s evolution and a foundation for what comes next. “What we’ve built in New York over the last few years is only the beginning,” said Rosenthal. “This is one of the most complex, competitive real estate markets in the world, and clients need a platform that can move across investment sales, leasing, and financing without missing a beat. That’s exactly what we’re building here.” That momentum is also reflected in Matthews™’ current pipeline, which includes several high-profile opportunities across New York. Among the firm’s current listings are 137 W 19th Street, 923-937 Second Avenue, 1169 Hoe Avenue, and 43 West 8th Street. For more information, please contact a specialized Matthews™ agent or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Andrew Marcus Author

Andrew Marcus

First Vice President & Associate Director

Cape Cod multifamily sale: three-story gray apartment building with balconies at The Residence at 850 in Hyannis, MA

Rare Cape Cod Multifamily Asset Sets New Pricing Benchmark in $19.3M Sale

BOSTON, MA—Matthews™, a commercial real estate investment services and technology firm, represented the seller in the disposition of The Residence at 850, a multifamily property located at 850 Falmouth Road in Hyannis, Massachusetts. Vice President Nick Jasinski facilitated the $19,300,000 transaction, marking the highest sale price for a multifamily property sold within the Cape Cod submarket in the last year.* After developing the property in 2023, the seller, Standard Holdings LLC, brought the asset to market to capitalize on their investment. Despite economic volatility, rent control concerns, and changes in property management, Jasinski implemented a strategic marketing campaign highlighting the property’s stabilized performance and position within Cape Cod’s supply-constrained multifamily market. Targeting qualified multifamily investors, Jasinski directly sourced the buyer, Ezzi Property Group, led by Marc Abou-Ezzi, a local investor seeking to expand its multifamily portfolio on Cape Cod. The buyer was attracted to the property’s newly constructed design, stabilized performance, and long-term investment potential. The Residence at 850 is a three-story, Class A multifamily property comprising 53 apartments, including nine one-bedroom and 44 two-bedroom units. The property features modern interiors with stainless steel appliances and in-unit laundry, along with amenities such as a fitness center, resident lounge, and outdoor gathering areas. Situated along Route 28, the property offers convenient access to shopping, dining, Cape Cod Hospital, and ferry service to Martha’s Vineyard and Nantucket. “We’re very excited to get this one over the finish line after years of persistence and hard work,” Jasinski said. “This deal is special because we helped our sellers achieve their goal of selling a remarkable asset they built while identifying the right buyer to take it forward. The buyer plans to self-manage the property and continue providing much-needed housing on Cape Cod, where assets like this are rare. This sale further demonstrates Matthews unmatched presence in Boston’s middle-market multifamily sector.” *Data Compiled from Boston MSA Sales Sold Within the Last Year | CoStar Group, Inc. For more information, please contact Nick Jasinski or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Nick Jasinski Author

Nick Jasinski

Vice President

Aerial view of Monroe Self Storage, a newly built Georgia self-storage disposition with climate-controlled units and an on-site office

Matthews™ Executes Third Self-Storage Disposition for Repeat Georgia Client

ATLANTA, GA—Matthews™, a commercial real estate investment services and technology firm, represented the seller in the sale of Monroe Self Storage, located at 1110 North Broad Street in Monroe, Georgia. Executive Vice President & Director Austin McLeod facilitated the transaction. The seller, a repeat Matthews™ client and private developer, pursued the disposition as part of a strategy to exit the market and recycle capital. McLeod leveraged his deep relationships within the sector to directly source an all-cash buyer, a REIT actively acquiring Class A self-storage assets at attractive bases. During due diligence, McLeod effectively navigated the property subdivision and easement negotiations, ultimately bringing the transaction to a successful close. The disposition marks the third asset McLeod has successfully closed for the seller this year. Built in 2023, Monroe Self Storage features 89,875 net rentable square feet across 646 climate-controlled units. Located in the Walton County submarket, the facility is ideally positioned to support a growing residential base, with population and household growth projected to exceed 11% within a one-mile radius through 2030.* “This high-quality facility was a great addition to the buyer’s existing portfolio in Monroe, and allowed our seller to take their capital and deploy it into other opportunities in other asset classes,” McLeod said. “It was a win-win for both sides.” *Data Complied from CoStar Group, Inc For more information, please contact Austin McLeod or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.    

Image of Austin McLeod Author

Austin McLeod

Executive Vice President & Director

Isaac Shabot, a New York City brokerage veteran, in a dark suit and red tie in front of the New York skyline at night

20-Year New York City Brokerage Veteran Joins Matthews™

NEW YORK, NY—Matthews™, a commercial real estate investment services and technology firm, announced the addition of Isaac Shabot as First Vice President in New York, New York. Bringing more than 20 years of commercial real estate experience, Shabot has built a career spanning investment sales, acquisitions, landlord and tenant representation, and property-level financial analysis. At Matthews™, he specializes in retail and mixed-use investment sales across Brooklyn. Prior to joining Matthews™, Shabot served as Director of Investment Sales at Kassin Sabbagh Realty, where he spent more than a decade advising clients on commercial real estate transactions throughout the New York market. Earlier in his career, he spent seven years at RIPCO Real Estate representing national and local retailers, landlords, and property owners throughout New York City and worked in investment sales at HFF. Shabot began his career as an Acquisitions Associate with United Equity Investments/Glory Capital, gaining principal-side experience evaluating investment opportunities and navigating the acquisition process. For Shabot, joining Matthews™ provides an opportunity to pair his deep New York market experience with the firm’s national platform, expanding the resources and reach available to retail and mixed-use owners and investors throughout the region. “I’m excited to join Matthews and look forward to expanding the firm’s retail presence across NYC. Matthews investment in technology, strong support infrastructure, and national platform, combined with its collaborative culture, will help us remain a leading force in NY’s fast-paced real estate market,” Shabot said. “I’m committed to delivering clear, measurable results for our clients every day.” Cory Rosenthal, Executive Managing Director & National Director, Multifamily, says Shabot’s addition will further strengthen the firm’s investment sales division and build on its established presence in the New York market. “Brooklyn is an important market with significant opportunities for investors, and Isaac brings the local knowledge and relationships that are essential to navigating its competitive real estate landscape,” Rosenthal said. “His addition builds on the strong foundation we have established in New York and supports our continued growth across the market.” For more information, contact a Matthews™ specialized agent or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Isaac Shabot Author

Isaac Shabot

First Vice President

Aerial view of a newly constructed self-storage facility Belmont NC managed by CubeSmart

Newly Constructed CubeSmart-Managed Self-Storage Facility Trades in Charlotte MSA

CHARLOTTE, NC—Matthews™, a commercial real estate investment services and technology firm, facilitated the sale of a newly constructed self-storage facility, located at 2324 S Point Road in Belmont, North Carolina. Senior Vice President & Director Austin McLeod represented the seller in the transaction. After developing the property in 2024, the North Carolina-based self-storage developer elected to divest the asset during its initial lease-up period to recycle capital. Through a strategic marketing process, McLeod targeted self-storage investors and operators throughout the region, ultimately sourcing a North Carolina-based investment group with numerous locations throughout the state. The buyer, seeking to expand its portfolio in the state, acquired the newly constructed facility at an attractive price per square foot for recently built product, and the property included additional land for expansion as well. Located in Belmont, the property sits approximately 10 miles from downtown Charlotte and five miles from Charlotte Douglas International Airport. Managed by CubeSmart, the facility spans 64,332 rentable square feet across 513 units, including 154 climate-controlled and 345 non-climate-controlled units. Additionally, the property offers future expansion potential with a rough-graded pad approved for an additional 17,600-square-foot, all-climate-controlled building. “The Charlotte MSA continues to attract significant investment, and this deal was located in a high-income sub-market of the metro and was a very high-quality single-story facility with a lot of upside still remaining,” McLeod. “We’re excited to see what the Buyer can do with the property moving forward.” For more information, please contact Austin McLeod or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Austin McLeod Author

Austin McLeod

Executive Vice President & Director

Aerial views of the Davis Square multifamily portfolio sale, the Kingsley Orchard Realty Portfolio in Somerville, Massachusetts

$39M Multifamily Portfolio Sale Sets 15-Year Pricing Benchmark in Davis Square

BOSTON, MA—Matthews™, a commercial real estate investment services and technology firm, represented the seller in the disposition of the Kingsley Orchard Realty Portfolio, located at 18 Day Street, 49 Dover Street, and 123 Orchard Street in Somerville, Massachusetts. Vice President Nick Jasinski facilitated the $39,000,000 transaction, marking the largest multifamily portfolio sale in the Davis Square submarket within the last 15 years. After developing and holding the three properties for more than a century, Kingsley Orchard Realty Limited Partnership brought the portfolio to market for the first time. Jasinski conducted a comprehensive marketing process without a formal asking price, generating numerous tours and offers from qualified multifamily buyers. Following more than three rounds of competitive bidding, Jasinski closed the transaction 4% above the optimistic broker opinion of value. The 120-unit portfolio comprises three brick apartment buildings located within one block of each other in Somerville’s Davis Square neighborhood. Featuring a unit mix of 33 studios, 66 one-bedroom units, and 21 two-bedroom units, the portfolio is 100% market-rate, with approximately 20% of the units partially renovated. Positioned near the MBTA Red Line and the Cambridge border, the portfolio provides access to major employment and education centers throughout Cambridge and Boston. “Opportunities of this scale with more than a century of continuous family ownership are increasingly rare in Greater Boston,” Jasinski said. “Our priority was to maximize exposure, create competition, and deliver the strongest possible outcome for the family while keeping the transaction on schedule. Combining our Greater Boston market experience with Matthews™ technology and national reach allowed us to execute on that objective.” For more information, please contact Nick Jasinski or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Nick Jasinski Author

Nick Jasinski

Vice President

Jimi Li CPTO

Matthews™ Appoints Jimi Li as Chief Product and Technology Officer

NEW YORK, NY—Matthews™ announced today the appointment of Jimi Li as Chief Product & Technology Officer (CPTO). As CPTO, Li will lead Matthews™’ technology development strategy and oversee its centralized IT, product, and engineering divisions, uniting product development, software engineering, data scientists, analytics, and AI under a centralized technology organization. The appointment comes as Matthews™ continues to invest in and advance proprietary technology, data infrastructure, and artificial intelligence (AI) capabilities.   Li brings more than 20 years of experience leading technology and digital transformation across finance, retail, media, and professional services at organizations including GE Capital, L’Oreal, Coach, News Corp, and most recently served as Chief Technology Officer (CTO) at ALM. During his tenure at ALM, Li led the company’s AI transformation, helping drive 40% profit growth while scaling its platform to support more than 10 million users globally.   “We are on the precipice of something special. We have begun to deliver real value to our agents, and through them our property owner clients, with augmentation of our technology stack that we have been rolling out over the past 12 months,” said Founder and CEO, Kyle Matthews. “Jimi will further accelerate and augment this value delivery, ensuring that not only Matthews™ maintains its place as the technology leader in the brokerage space, but that we widen the gap.”   “What attracted me to Matthews™ is the combination of an ambitious growth strategy, proprietary data, and a clear commitment to building technology around how brokers actually work,” said Li. “The opportunity is to bring those elements together: data, workflow and AI to make our professionals more productive, help them make better decisions, and ultimately deliver greater value to clients. Artemis has the potential to become an intelligent platform they increasingly rely on to do their best work. I’m incredibly excited to join the team and help build that future.”   In the last 12 months Matthews™ has delivered two proprietary technologies to its brokers, Artemis and Apollo, and Li will drive their continued development, while leading the firm toward a more connected, AI-native technology environment.   Artemis is Matthews™’ AI-driven CRM, combining real-time ownership, tenant, and comparable data with pipeline tracking, performance dashboards, and predictive recommendations to deliver actionable market intelligence throughout the deal process.   Apollo is Matthews™’ proprietary AI-powered brokerage platform, transforming property and transaction data into valuations, offering memorandums and marketing content while automating financial modeling, sales comparables, market narratives, and deal execution through real-time analytics.   Matthews™’ tech suite is built around a shared company-wide database, connecting data, intelligence, and transaction execution across the commercial real estate brokerage lifecycle. Together, these capabilities are designed to give Matthews™’ brokers greater market visibility and efficiency, enabling them to deliver faster, more informed advice and execution for clients.   “The pace of innovation coming out of the Valley is hard for anyone to keep up with, let alone real estate professionals, which is exactly why we went to the source,” said Matthews. “Jimi brings something rare to this moment — two decades leading technology at scale. He doesn’t just understand where AI is headed; he’s built it. That’s exactly the kind of leadership we need to take Matthews™ into an agentic, AI-native future.”   Li’s appointment reflects Matthews™’ continued investment in technology as a core component of its long-term growth strategy.  His leadership will focus on further developing these platforms, scaling the firm’s technology infrastructure, accelerating product innovation, and deepening AI integration across products, workflows, and internal systems. “This cements us within the commercial real estate brokerage space as both the work smarter and work harder company. We are combining unique value-creating technology to help our professionals work smarter, and combining that with our historical industry-best work ethic,” Matthews concludes.     About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.    

Image of Jimi Li Author

Jimi Li

Chief Product & Technology Officer

Blog Image for Matthews Agents AZ Big Media Award 2027

Matthews™ Agents Named CRE People to Know in 2027 by AZ Big Media

PHOENIX, AZ— Four Matthews™ agents have been recognized in AZ Big Media’s 2027 People & Projects to Know in Commercial Real Estate (PTK) publication, for their contributions to Arizona’s commercial real estate industry.   Published annually by AZ Big Media, PTK magazine recognizes influential professionals and notable projects shaping Arizona’s commercial real estate landscape. Drawing from a competitive pool of nominations and the editorial board’s industry expertise, the publication highlights 50 notable projects across various asset classes and leading professionals in 22 categories.   The agents recognized include: Associate Vice President Andrew Senatore – Up & Comers First Vice President John Stroud – Industrial Brokers Associate Vice President Kyle Inman – Multifamily Brokers First Vice President Volt Migrino – Capital Markets   Click here to learn more about this award and its recipients.

Image of John Stroud Author

John Stroud

First Vice President

Courtyard with staircases and picnic tables at The Kalthom, a Class A multifamily property in Ventura

Ventura’s Only Class A Multifamily Opportunity Hits the Market for $19.28M

LOS ANGELES, CA—Matthews™, a commercial real estate investment services and technology firm, recently listed The Kalthom, a 45-unit multifamily asset, located at 214 S Kalorama Street in Ventura, California. The asset, listed by Executive Vice President & Senior Director Daniel Withers, is currently the only Class A building on the market in Ventura. The property is co-listed with Marcus and Millichap’s Executive Managing Director of Investments Jeff Louks. Listed at $19,285,000, The Kalthom features 45 residences ranging from studios to two-bedroom units. The property offers modern interiors, rooftop amenities, fitness facilities, and dedicated co-working space, positioning it within the city’s limited supply of Class A multifamily housing. That scarcity is reinforced by high barriers to new development in Ventura, where voter-approved growth boundaries, coastal zone permitting, and annually escalating development fees constrain the pipeline of competing supply.* Its coastal location and proximity to Downtown Ventura further strengthen its investment appeal, with 97.8% occupancy and 3.2% potential rental upside offering investors a combination of stabilized income and future growth potential. “The Kalthom represents a rare opportunity to acquire Class A multifamily housing in a coastal market where opportunities of this caliber are increasingly limited,” said Withers. “With its premier Downtown Ventura location, high-quality construction, and strong appeal to renters seeking a luxury coastal lifestyle, the property offers investors a compelling combination of long-term stability and growth potential.” The Kalthom’s prime location in the heart of Downtown Ventura, coupled with its impressive 92 Walk Score, offers residents exceptional access to the beach, dining, shopping, and entertainment. This walkable, coastal lifestyle is a key driver of Ventura’s continued appeal as a desirable multifamily investment market.” *Source: Ventura County; City of Ventura public records For more information, please contact Daniel Withers or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Daniel Withers Author

Daniel Withers

Executive Vice President & Senior Director

Blog Image for Matthews Seniors Housing GlobeSt Article

Matthews™ Seniors Housing Division Discusses Tight Market Supply with GlobeSt

In a recent article with GlobeSt titled, “Tight Senior Housing Supply Squeezes the Middle Market,” Matthews™ Seniors Housing Division, comprised of Senior Vice President Matthew Wallace, First Vice President and Director Jonah Yulish, and Senior Associate Noah Lindon, discusses the effects of the market’s severe lack of supply on the middle market, despite attractive fundamentals.   The sector’s growing supply-demand imbalance is creating significant challenges for middle-income seniors. While occupancy rates have climbed above 90% across major markets and annual rent growth remains between 4% and 5%, limited new development has made it increasingly difficult for operators to meet demand at affordable price points.   “Rent increases have slowed a little bit from 2023, when rents were rising at 7% or 8% annually, but a 4% or 5% annual increase still isn’t something that middle markets can handle,” says Lindon.   As affordability pressures persist, alternative housing models such as active adult communities are becoming increasingly popular. Although these communities offer lower rental rates, they often lack the higher levels of care many seniors require. “That’s where we are running into an issue,” adds Lindon.   Wallace sees an opportunity for operators to bridge this gap by combining senior housing services with more affordable active adult living models. However, balancing the cost of care with labor challenges and operational efficiency remains a significant obstacle.   “If you can create an efficient level of care that can satisfy that middle market, that’s a huge opportunity over the next 10-plus years,” says Wallace.   Beyond affordability concerns, the sector’s attractive fundamentals are drawing increased institutional investment. Capital providers are increasingly partnering with experienced local operators and developers to expand their platforms while navigating the specialized requirements of senior housing.   “Smart money is pairing with best-in-class operators, right? It is definitely a more niche asset class that requires a higher level of expertise,” says Lindon. “Institutions are making sure that their operators have skin in the game and are operating at the highest level, but operators are also looking to expand their platform by partnering with institutional capital.”   As institutional interest grows, the importance of operational expertise and strategic partnerships continues to increase. Wallace emphasizes the significance of making informed investment decisions in a sector where both capital commitments and operational complexities are substantial.   “These are big bets. You can’t make the wrong move,” says Wallace.   Click here to gain more insights on the supply constraints, affordability challenges, and investment opportunities shaping the Seniors Housing sector.  

Image of Matthew Wallace Author

Matthew Wallace

Senior Vice President

Three-story gray-sided Bayonne multifamily property at 301 Broadway with a covered front porch

Bayonne Multifamily Property Trades at 97% of List Price

BAYONNE, NEW JERSEY—Matthews™, a commercial real estate investment services and technology firm, represented the buyer and seller in the sale of a multifamily property located at 301 Broadway in Bayonne, New Jersey. Senior Vice President & Director David Ferber facilitated the $1,165,000 transaction. The seller, a repeat Matthews™ client, brought the property to market to capitalize on strong investor demand. Leveraging the firm’s proprietary AI platform, Artemis, Ferber targeted multifamily investors throughout Bayonne, Hudson County, and North Jersey, generating a competitive buyer pool. Ferber directly sourced the buyer, whose combination of pricing and certainty of execution maximized value for the seller and allowed the transaction to close efficiently at 97 percent of the list price. Located in Bayonne, the six-unit property is 100 percent free market and offers approximately 21 percent rental upside. The asset features renovated units, in-unit laundry, separately metered utilities, and recently replaced roof and boilers. Situated approximately an eight-minute walk from the 8th Street Light Rail Station, the property provides convenient access to Manhattan via the PATH train. “Buyers responded to the combination of strong in-place income, free-market rents and meaningful remaining upside,” Ferber said. “The seller had a well-maintained asset with a number of major improvements already completed, which allowed us to create strong interest and ultimately close at 97% of the asking price. It’s another example of the continued demand we’re seeing for well-positioned Bayonne multifamily properties.” Matthews™ is also marketing four additional Bayonne properties for sale. View properties here. For more information, please contact David Ferber or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of David Ferber, CPA Author

David Ferber, CPA

Senior Vice President & Director

Exterior and aerial views of Mid-Pinellas Medical Center, a medical office sale in St. Petersburg, Florida

$10.4M Medical Office Redevelopment Sets Eight-Year Pricing Benchmark in South Pinellas

ST. PETERSBURG, FL—Matthews™, a commercial real estate investment services and technology firm, facilitated the transaction off-market by connecting the buyer and seller in the sale of Mid-Pinellas Medical Center, located at 2805 54th Avenue North in St. Petersburg, Florida. Associate Vice President Jake Allen brokered the $10,400,000 deal, marking the highest sale price for a medical office sold in the South Pinellas submarket within the last eight years. The seller, Rubin Real Estate Advisors, elected to divest the asset as part of a strategy to capitalize on the successful redevelopment and redeploy capital into future growth opportunities. Given Allen’s experience throughout Florida and the broader national healthcare market, he connected the seller with Sphere Investments, a Miami-based private investment group seeking a stabilized medical asset as part of a 1031 exchange. The buyer was drawn to the property’s established tenant roster, high-quality medical buildouts, above-market contractual rent increases, and long-term growth potential. Originally a Harley-Davidson dealership and showroom, the 23,477-square-foot property was acquired by Rubin Real Estate Advisors for approximately $3.3 million in 2019 and redeveloped into a stabilized medical outpatient facility. Today, the property is 100 percent occupied by Orthopedic Medical Group of Tampa Bay, ChenMed, and Tampa Bay Breathe Free. During the transaction, Allen secured a new 10-year lease extension with Orthopedic Medical Group. The asset traded for approximately $435 per square foot at a 6.4% cap rate. “The firm’s national healthcare platform allowed us to bring meaningful value to both sides of the transaction,” Allen said. “We provided the buyer with detailed market insight around rents, comparable sales, and healthcare investor demand, while leveraging our relationships in the market to help the seller identify a qualified buyer and successfully execute the sale.” For more information, please contact Jake Allen or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Jake Allen Author

Jake Allen

Vice President

Aerial view of Brickyard Industrial Park, a San Diego industrial business park with multi-tenant brick and white-roofed buildings

Rare Multi-Tenant Industrial Asset Trades in San Diego County

SAN DIEGO, CA—Matthews™, a commercial real estate investment services and technology firm, successfully brokered the acquisition of Brickyard Industrial Park, located at 1310-1344 Industrial Avenue in Escondido, California. First Vice President & Senior Director Chris Nelson and First Vice President Jacob Castro represented the buyer in the transaction. Following a successful hold period, the seller, Focus Real Estate, elected to sell the property to capitalize on their investment. The buyer, a family partnership completing a 1031 exchange, sought a stabilized multi-tenant industrial asset that aligned with their long-term investment criteria. Leveraging their deep knowledge of the local market and longstanding relationships within the industrial sector, Nelson and Castro secured the property for the buyer, completing the acquisition just 11 days after the closing of the buyer’s downleg. Brickyard Industrial Park is a 37,472-square-foot multi-tenant industrial property located within North County, one of San Diego’s core industrial submarkets. The fully stabilized asset offered the buyer an established investment with no significant capital improvements or repositioning required, supporting its strategy for a long-term hold. “Investor appetite for well-positioned industrial assets remains strong throughout San Diego County,” Nelson said. “The combination of a stabilized tenant base, limited capital requirements, and a strong infill location makes assets like Brickyard particularly attractive to long-term investors.” For more information, please contact Chris Nelson and Jacob Castro or visit www.matthews.com. About Matthews™ Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.  

Image of Chris Nelson Author

Chris Nelson

Senior Vice President & Senior Director