I think it’s fair to characterize the following transaction as a symbol of our current national office market boom. Gone, gone, gone are the days when lenders’ hands were tied and 30-40% minimum cash on the barrelhead was a necessity to get a deal done for an office building in a primary market. Today, leverage is back in a big way — at least in one such deal in Los Angeles reported by Globe St’s Kelsi Maree Borland.
Search the Source
Business CCIM Chicago CMBS Commercial property commercial real estate commercialsearch commercialsearch.com Construction cre Employment Facebook FASB Federal Reserve Federal Reserve System Google industrial industrial real estate Jones Lang LaSalle land Lawrence Yun Lease Loan los angeles multifamily NAR nar commercial nar commmercial National Association of Realtor National Association of Realtors national news roundup news Office Office Space Property management Real estate Real estate investment trust reit Retail rpr Small Business Administration social media Technology United States Xceligent