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CONCORD, CA—Redwood Mortgage closes a $14 million refinance for an East Bay retail property and is on track to lend $100 million in the coming year, a trend which is expected to continue with increasing CMBS maturations.
NEW YORK CITY—While the fundamentals of the city and its CRE market are strong, warning signs of a shift are ahead, several professionals with the firm revealed Tuesday.
MINNEAPOLIS—The Chicago firm has now bought several downtown properties here, and aims to renovate the buildings and take advantage of the healthy office market.
PHOENIX—Stan Sanchez joins Colliers International in Greater Phoenix as senior vice president in the area of retail and investment services, and was formerly a president and partner of a retail brokerage company.
CHICAGO—Institutional investors have a growing interest in this sector, which experts expect to grow tremendously as users put increased emphasis on cloud computing.
LOS ANGELES—The owners of the 250,000-square-foot office building secure a $48 million loan with a rate lock program to avoid a prepayment penalty on its maturing CMBS and secure new funding before rates go up, GlobeSt.com reports <b>EXCLUSIVELY</b>.
BLUE SPRINGS, MO—In this exclusive interview with Brent Hansen, director of listing & tenant research at Xceligent, he explains how the company finds the "who" and "when" for its local information database.
BELLEVUE, WA—Sonnenblick-Eichner Company arranges $65.2 Million of first mortgage financing for the Hyatt House Seattle/Redmond and The Hyatt House Seattle/Bellevue.
LOS ANGELES—West Hollywood Development Corp. beats market-rate developers to a prime development parcel in Koreatown, where it will build a 186-unit affordable housing complex, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.