Business Specialties
Madding Tapped as President & CIO of C.M. Capital
Madding spent 22 years with the Henry J. Kaiser Family Foundation.
Financing Agreement Set for WTC
The Port Authority, New York City and New York state all agreed to pay as much as $1.7 billion to finance construction of two of the towers – but Silverstein will not receive any profits until the public monies are repaid.
Cole Nails Down $156M Financing for Microsoft’s Bing Headquarters
According to Cole senior vice president of structured finance Matthew Donnelly, there was a highly competitive atmosphere for the debt on the property, allowing for favorable rates and terms.
USAA Completes $546M in Fundraising for U.S. Government Building Fund
The fund owns assets of 1 million square feet and is continuing to target core Class A assets. Its target value is in excess of $1 billion.
Barnhart Balfour Beatty Tapped to Build $104M UC Riverside Student Housing Complex
There haven’t been too many hiccups in the student housing market during the recession.
MBA: Wells Fargo Top U.S. Commercial, Multi-Family Servicer in Terms of Volume
With $462.8 billion in United States master and primary servicing, Wells easily came in first, followed by PNC Real Estate/Midland Loan Services with $307.9 billion, Berkadia Commercial Mortgage with $202.6 billion, and Bank of America Merrill Lynch with $133.4 billion.
IPD: Real Estate Slump Receding
The Investment Property Databank’s U.S. Quarterly Property Index shows that commercial real estate markets have emerged from a two and a half year slump.
BuildingIQ Enters U.S. Energy Management Market
A new energy cost solution is emerging, thanks to the Australian government.
Canyon-Johnson Urban Funds Tapped for $22.6M to Complete Brooklyn Condo Project
To complete the project, OL Washington will retain current general contractor Triton Construction Co., along with hiring residential brokerage The Corcoran Group to market the units upon completion.
Sterling to Raise $730M in Capital
The agreement is part of Sterling’s major recapitalization plan.