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CCIM will be hosting a classroom-style workshop all day on August 31st. This workshop qualifies for 7 MCE credit hours (broker/sales) in Texas and satisfies the Institute's 8-hour negotiation education requirement in earning the CCIM designation.For more information and to register for this course please <a href="http://www.ccim.com/education/course/CREN/CREN049">click here.</a>
MOUNT LAUREL, NJ—NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, has named David Grove, a long-time industry veteran, chief operating officer.
MONROE TOWNSHIP, NJ—CBRE completed a $7.7 million first mortgage refinancing secured by Monroe Town Center, a 32,205-square-foot community retail center in Monroe Township, NJ. It's the second time CBRE has helped the borrower finance the asset.
WEST LONG BRANCH, NJ—Peter Reinhart, Esq., director of the Kislak Real Estate Institute at Monmouth University, has been named the first recipient of the Arthur and Dorothy Greenbaum and Robert Ferguson/New Jersey REALTORS Endowed Chair in Real Estate Policy in the university's Leon Hess Business School.
BOSTON—A panel of commercial developers and financiers agree that a possible interest rate hike later this year will have little impact on the availability of real estate capital in Boston.
NEW YORK CITY—However, Real Capital Analytics says the lower growth in volume hasn't been matched with cap rate increases, “so it is not as if investors are pulling away from commercial real estate.”