Nicholas Ziegler

Asset Campus Housing to Manage 3,648-Bed Student-Housing Development in L.A.

Asset Campus Housing adds a third property to its California management portfolio with a new assignment from GHP Management. ACH will oversee The Lorenzo, a $230 million, mixed-use student housing development that will produce 3,648 beds for students near the University of California in Los Angeles.

Wielding the Scalpel: New Strategies to Maintain Control of Operating Expenses

It might seem as if property managers ran through their entire bag of cost-cutting tricks during the past couple of years, but property managers are turning to alternative means of saving dollars, including energy audits, renegotiation of contracts and tax savings.

Net Leases Hit Record High in 2011. Can 2012 Keep the Magic?

Along with multi-family, could the net-lease sector be the next big winner in 2012? While there are still deals to be found, it remains to be seen if investors decide to sign up for the ride once again.

Challenges and Opportunities: The New Normal Lending Landscape

While there is optimism in the market for 2012, there is still hesitation – and those negative factors include debt availability, the tightening of the CMBS market and the need to resolve distressed debt.

Law & Policy: Foreclose and File? Buyers of Mezzanine Loans May Be Liable for Mortgage Debt

While the purchase of a mezzanine loan typically follows a predictable path, two recent rulings have upheld the custom of the mezzanine lender being required to pay the outstanding balance of the mortgage loan prior to foreclosing on the equity interests.

From the Editor: Financial Pain and Gain

The nature of the commercial real estate market is such that the mood of many has improved significantly, even in the face of global economic uncertainty. Investors in significant numbers are moving forward on deals.

Change Agent: Confident & Congenial, Hugh Frater Re-Energizes Berkadia Commercial Mortgage

Known for his upbeat, approachable manner as well as for his 25 years in finance, Hugh Frater has brought welcome changes to Berkadia Commercial Mortgage, including a proprietary lending business, an expansion of the company’s own stable of lenders and a retooling of the executive team.

Cushman: Global CRE Investment Rose 14 Percent in 2011

According to services firm Cushman & Wakefield Inc., global property markets saw a stronger-than-expected end to 2011, with all regions experiencing robust demand for well-let assets. Activity worldwide increased by 14 percent, hitting the $808 billion mark — an increase of 83 percent from the lows of 2009.

BPG Acquires Scottsdale Office Complex for $34M

Private-equity real estate fund manager BPG Properties Inc. has acquired the 223,605-square-foot, Class A Lincoln Towne Center in Scottsdale, Ariz., for $34.3 million from Lincoln Life Insurance Co.