Capital Markets

The general sentiment at PCBC was cautiously optimistic given the length of this cycle, but concerns are offset by strong demand for housing, rising wages and low employment, suggesting there is room to go.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

The sale transaction for the 93.3%-leased shopping center was announced by brokerage firm HFF, which marketed the property on behalf of the seller, Retail Value Inc, which earlier this month spun off of Beechwood, OH-based DDR Corp.

“Capital Markets continues to be an active and vital piece of our business as we expand our footprint into new regions globally.”

The latest deals, trends and projects in the Midwest.

The firm has been approved as a seller-servicer for Freddie Mac's targeted affordable housing express offering to provide a capital solution for sub $10 million affordable housing deals.

Regulators on both sides of the Atlantic are eager to see banks wean themselves off of Libor.

Pembrook Capital Management provided Churchill Real Estate Holdings financing for a retail and office project at 257-263 W. 34th St.