Nicholas Ziegler
Ares Management Expands CRE Debt Business, Acquires Wrightwood Capital
Alternative-asset investment-management firm Ares Management L.L.C. has acquired the commercial real estate investment platform of debt-capital provider Wrightwood Capital.
It’s Springtime for Some Investors in CRE Debt, but Others Head into Hibernation
By Chris Seyfarth, Partner, Transactions Real Estate, Ernst & Young L.L.P.
After more than a year of dormancy, some investors in distressed debt are waking up to the opportunities afforded by a commercial real estate debt market that appears to have sprung into life.
How to Defer Capital Gains Tax Liability on a Commercial Foreclosure
By James Brennan, Principal/Corporate Counsel, Exchange Solutions Group
Unsuspecting commercial investors are driving to the bank to turn in their keys on projects that did not work out as planned, and they’re waking up the following year with an unexpected tax headache. Find out how to get around the problem.
Finding Safety in a Confused World
By Ken Riggs, President & CEO, Real Estate Research Corp.
Just when we thought the financial markets were gaining some sanity, the world careened into a level of chaos that has completely overtaken the investment arena.
The Need to Determine Appraised Value in Today’s Market
By Ben Price, First Vice President, Regents Bank
Many lenders are re-appraising properties that secure the loans in their portfolios. In today’s market, relying solely on comparable assets to determine property value is a mistake.
Strong Fundamentals Keep CRE Experts Bullish on Investments
While the last few weeks have been rocky for financial markets, two industry experts feel the CRE space is still well-poised for growth in the remaining months of 2011.
Oak Grove Capital Originates $59.5M in Fannie Funding for Affordable Housing in Chicago
Oak Grove Capital originated a $59.5 million Immediate Funding Fannie Mae NIBP Bond Credit Enhancement loan for the Related Cos.’ acquisition and rehabilitation of the 694-unit Parkway Gardens on Chicago’s Southside.
Sale at Tufts in Boston Nets $112M for Daymark
Two medical-office buildings located on the Tufts University campus near Downtown Boston have just moved off the books of Daymark Realty Advisors and into the hands of ProMed Properties for a purchase price of $112 million.
Sabal Financial Purchases $212M Loan Portfolio
Sabal Financial Group L.P. has snapped up a $212 million portfolio of performing and non-performing loans from a leading bank based in the Midwest. The portfolio includes real estate located primarily in Florida, Illinois and Wisconsin.