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Joe Dykstra, executive vice president of Los Angeles-based Westwood Financial Corp., has about $60 million worth of financing before conduits at the moment. For the most part, these properties are not, as he puts it, "life insurance quality." Yet he is fairly certain he will get most, if not all, of the funding.
When it is all said and done, 2012 will likely be recorded in industry annals as the year deals finally closed—unlike in 2010 and '11, when buyers and sellers would find one reason or another to hit the brakes on transactions. "We are in a unique period right now when both parties are inspired to get deals done," says Kevin White, director of business development for Virtus Real Estate Capital. And financing? That is a nobrainer, he says, and indeed the Austin, TX-based real estate private equity sponsor is moving forward with its own transactions with an eye to locking in as much debt as possible. "That way, if we hit the wrong end of the cycle, we have enough term left on the loan to ride it through," he says.
WASHINGTON, DC-The good news is that pricing has held up fairly well, Jones Lang LaSalle says.
WASHINGTON, DC-Even if it is, the commercial real estate industry is rushing to close deals in 2012, Larry Selevan, CEO of Chesterfield Faring Ltd. tells GlobeSt.com.
ARLINGTON, VA-The office building is completely vacant and offers beautiful views. In this market that translates into multifamily.
VIENNA, VA-TechCore, a real estate fund managed by GI Partners on behalf of CalPERS, is the buyer.
RESTON, VA-The property has the potential to be zoned for up to 50 units per acre, ARA's Drew White tells GlobeSt.com's Erika Morphy.
WASHINGTON, DC-Federal Capital Partners continues to build on its initial push into the manufactured housing asset class.
WASHINGTON, DC-The Architecture Billings Index continues to inch up. Meanwhile the National Association of Home Builders is projecting a 25% improvement in housing production for all of 2012.
WASHINGTON, DC-Even if it is, the commercial real estate industry is rushing to close deals in 2012, Larry Selevan, CEO of Chesterfield Faring Ltd. tells GlobeSt.com.…

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Download Resource
From Placer.ai
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Download Resource
From Placer.ai
The 2026 World Cup brought high expectations for a summer boom. This report from Placer.ai and Colliers uses foot traffic data to reveal a more nuanced picture of where economic value was actually created for retailers, restaurants, and property owners.
Download Resource
From Assurant
As smart home devices become standard, renters increasingly expect tech support. This guide reveals key data on renter expectations and shows how offering tech support can reduce maintenance burdens and give your property a competitive edge.
Download Resource
From Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download Resource
From Assurant
With new units flooding the multifamily market, competition is fierce. Traditional concessions are not enough. This guide outlines modern strategies to reduce move-in friction and prioritize high-value amenities that drive long-term retention.
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From Placer.ai
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Download Resource