Business Specialties
Q&A: Stadium Cost Overruns
Construction attorney Barry LePatner looks at this timely subject.
Pacific Coast Capital, Ohio Public Employees Retirement System Form JV
Pacific Coast founding partner Don Kuemmeler said that due to the recession, there are fewer lenders willing to make and hold commercial real estate mortgages on their balance sheets and that the joint venture expects to hold the loans to maturity.
George Smith Completes $32M Multi-Family Construction Loan in Hollywood
The loan will finance the completion of an 180-unit project on La Brea Avenue and Hollywood Boulevard.
Pontius To Lead Marcus & Millichap’s Leased Properties Group; Haddigan Retires
Another big move at Marcus & Millichap as Alan Pontius takes on Bernard Haddigan’s retail role.
BRE Grabs San Jose Apartment Property for $50.2M, Assumes Mortgage Loan
The San Francisco-based REIT assumed a $32.5 million mortgage in buying the 226-unit property.
JBG, Grosvenor Team on D.C. Condo Project
JBG Companies and Grosvenor plan a 125-unit condominium project in the nation’s capital.
Tishman Speyer Buys Back 19-Acre L.A. Parcel
The developer has quietly taken the property out of receivership.
Ockerbloom to Lead Jefferies’ Real Estate Investment Banking Unit
Securities and investment banking firm Jefferies & Co. has added real estate finance veteran John Ockerbloom to its leadership team.
San Francisco’s $4.2B Transbay Project Gets Head Start on High-Speed Rail
The project is the first new station on the proposed national high-speed rail network.
Take Two: New $1.5B L.A. Hotel Plan Wins Over Critics
For a plan to redevelop the site of the historic Century Plaza Hotel in Los Angeles, the second time is the charm.