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• Commercial Real Estate Financing Briefs
3/18/13
MARCUS & MILLICHAP CAPITAL CORPORATION -- Marcus & Millichap Capital Corporation has arranged a $15.5 mil first trust deed to facilitate the purchase of an apartment community in Anaheim. The 10-year loan amortizes over 30 ye...
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• Seattle Mixed-Use Property Financed with $21 Mil in Fannie Mae Money
3/13/13
Amos Smith and Ryan Chapman of Johnson Capital’s Irvine office have arranged a $21.3 mil loan secured by a mixed-use project in Seattle consisting of 98 apartment units and 5k sf of ground floor commercial space.
The owner ...
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• Tacoma Medical Office Property Trades Hands
3/08/13
In a recent Washington state office buy, Berschauer Group NW LLC purchased Allenmore Medical Center's Building B, an 86.9k sf mid-rise medical office property on Multicare Health System’s Allenmore hospital campus in Central ...
Price: $4.99
Executive Subscriber Price: Free
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• New 3,500-Room, Asian-Themed Resort Planned for Las Vegas
3/07/13
To learn more about this multi-million dollar project, located at the corner of Vegas Blvd and Desert Inn Rd, read the complete article in the Los Angeles Times by Jay Jones. Just click HERE.
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• Mountain Real Estate Capital and Oakwood Homes Form Strategic Partnership
3/06/13
Charlotte, N.C.-based Mountain Real Estate Capital (MREC) has entered into a strategic partnership with Oakwood Homes, Colorado’s largest privately held homebuilders. The $100 mil+ transaction provides MREC, one of the larges...
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• CA Pending Home Sales Near Four-Year High
3/01/13
California pending home sales posted the strongest gain in nearly four years during January, rising from both the previous month and year, according to new data from the California Association of Realtors ®.
C.A.R.’s Pendi...
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• Trion Properties Enjoying Increased Deal Activity
2/28/13
Los Angeles-based Trion Properties recently received a payoff of four loans from the owner of the four apartment properties encumbered by the debt. In other recent activity, Trion also acquired a 21-unit multifamily property ...
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Executive Subscriber Price: Free
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• Alina Mardesich Named Business Development Manager at Sabal Financial Group
2/27/13
Alina Mardesich has been named business development manager for Sabal Financial Group’s recently launched Commercial Real Estate (CRE) Bridge Lending program. In her new role, Mardesich will oversee all CRE bridge lending re...
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Executive Subscriber Price: Free
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• CA Home Affordability Drops Dues to Higher Home Prices
2/26/13
Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012, according to the latest data provided by the California Association of Realtors®.
The percentage...
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Executive Subscriber Price: Free
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• Beech Street Ranks Third on Fannie Mae’s Top Multifamily Originators for 2012
2/22/13
For the second year running, Beech Street Capital, LLC, placed third on Fannie Mae’s annual list of top multifamily loan originators. Beech Street’s volume with the agency grew 45% in 2012. This growth outpaced the jump in ...
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Executive Subscriber Price: Free
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• Premier Business Centers Debuts New Look
2/15/13
Irvine-based Premier Business Centers (PBC) has introduced its new corporate brand identity and redesigned website, which more accurately represent what the company has become: the nation’s largest privately-owned office spac...
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• Draftsmen & Craftsmen
2/12/13
Benchmark Contractors recently began construction of Clarett West's Blvd6200 North, an exciting new mixed-use development adjacent to the historic Pantages Theater in Hollywood. Designed by architect VTBS (Van Tilburg, Banva...
Price: $4.99
Executive Subscriber Price: Free
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• ViaWest Group Spends Over $13 Mil on Phoenix Commercial Assets
2/12/13
ViaWest Group has acquired two Phoenix commercial properties: a 118.9k sf, multi-tenant, flex-office complex and a 2.8-acre parcel of commercially-zoned vacant land, collectively referred to as “West 101 Business Center”. The...
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• L.A. Basin Boasts Strongest Industrial Market in the Nation
2/05/13
The Greater Los Angeles region is currently the strongest industrial market in the nation, with industrial real estate outperforming all other real estate classes in the four-county LA region. At least that’s the general sent...
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• Guy Johnson Receives First Ever “Be a Leader” Award from the Mortgage Bankers Association
2/04/13
The Mortgage Bankers Association (MBA) presented Guy Johnson, President of Johnson Capital Group, Inc, with its first ever “Be A Leader” award at the Association's 23rd annual Commercial Real Estate Finance(CREF)/Multifamily ...
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Executive Subscriber Price: Free
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• Greg Beck Promoted to Partner at Champion Real Estate Company
1/31/13
Champion Real Estate Company has announced it has promoted Greg Beck to Partner. In this new role, he will oversee all development activities for the company including sourcing, acquiring urban land for development, renovatio...
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Executive Subscriber Price: Free
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• Commercial Real Estate Financing Briefs
1/31/13
MARCUS & MILLICHAP CAPITAL CORPORATION -- Danny Abergel of Marcus & Millichap Capital Corporation has arranged a loan for a portfolio of San Fernando Valley multifamily assets valued at $25.8 mil. The financing consists of: $...
Price: $4.99
Executive Subscriber Price: Free
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• Avvo and Intel Take 75k sf at Seattle Office High-Rise
1/30/13
Two new office leases totaling 75k sf were signed at 705 Union Station, a 258k sf office building in Seattle. In these latest deals, Avvo took 25k sf and Intel signed for 50k sf. These transactions put the 11-story high-rise ...
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• Jones Lang LaSalle Takes Over Leasing of Portland’s Block 300
1/25/13
Jones Lang LaSalle was awarded the leasing assignment for Block 300, a 360k sf office building in Portland which contains the largest contiguous block of office space to become available in the city’s Central Business Distric...
Price: $4.99
Executive Subscriber Price: Free
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• HSBC Awards 58 msf Management Assignment to Jones Lang LaSalle
1/24/13
HSBC has awarded the management assignment for a 58 msf real estate portfolio to Jones Lang LaSalle, in what we’re told is the largest facility management contract awarded to a single provider on a global basis by a financial...
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