WASHINGTON, DC-Bit by bit, unemployment numbers creep down on a monthly basis, as Friday morning's release of US Bureau of Labor Statistics numbers reveals. Still the gains were not enough to move the needle on unemployment rates.
ALPHARETTA, GA-The 36-asset portfolio, spread across 13 states, offered Formation Capital and co-investor Safanad “a rare opportunity” to combine high-quality real estate and operating partners, says CEO Beckwith.
ATLANTA-Piedmont West is proving that even a high-tech, power-hungry medical office building can drive energy efficiency that competes with other building types
NEW YORK CITY-When the deal closes, ARCP will have a 45-million-square-foot net lease portfolio and a pro forma enterprise value of approximately $10 billion.
IRVINE, CA-The new loan center helps buyers and homeowners take advantage of the FHA’s little-known 203k renovation loan program.
SANTA ANA, CA-In an UPDATE to an earlier story, First American Title Insurance Co. releases a mobile version of the myFirstAm application for Android.
LOS ANGELES and TOLEDO, OH-Ares Real Estate Group now counts AREA CEO Lee Neibart as global co-head, while Health Care REIT’s Sunrise deal brings 10,000 senior living units into its fold.
CHICAGO-The Boulder Group has just released a study showing that rates for single-tenant net-leased properties went down in the second quarter.
NEW YORK CITY-In the days since we first posed the question, industry leaders have shared their views on commercial real estate as a leading economic indicator.
SAN FRANCISCO-The locally based firm purchased its partners' 72% interest in Prologis Institutional Alliance Fund II, bringing the entire 4.9-million-square-foot portfolio onto its balance sheet.
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Rate: 11%
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Term: 18 Months
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Amort: Interest Only
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LTC: 70% + $3M rehab
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Non-recourse
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Brokers: Bryan Shaffer
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WASHINGTON, DC-If a group of Senators have their way, this is what mortgage finance reform will look like.
WASHINGTON, DC-Last week a bipartisan group of Senators unveiled a bill that would effectively remake housing finance and dismantle the GSEs. But Congress is awfully active these days.
