Business Specialties
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.
Economist’s View: Get Ready for a Robust Job Recovery
We believe the United States will gain 3 million to 3.5 million jobs a year in each of the next three years.
Sustainable Building Gains Ground in CRE
Is building green the path to greater profits? That’s the question developers continue to ask themselves when evaluating whether to go after Leadership in Energy and Environmental Design certification. Increasingly, the answer is yes.
Lab Supplies Provider Picks Fresno Area for New 500,000-SF West Coast Distribution Center
The company’s new facility will be operational in 2012.
HFF Arranges $79M Refinancing for Miami’s Shops at Sunset Place
The open-air Miami mall is located near U.S. Route 1 in the city’s southern area.
Morrows Tapped as Executive VP, Co-Director of Leasing for RFR Realty
He will share responsibility for overseeing RFR’s six million-square-foot commercial leasing portfolio with fellow executive vice president and co-director of leasing Richard Farley.