Business Specialties
Sabal Financial Acquires $158M CRE Loan Portfolio
Through the FDIC’s Small Investor Program, Sabal Financial Group has acquired a $158 million portfolio of performing and non-performing commercial real estate loans from FirsTier Bank of Louisville, Colo.
Capital Chase: Life Companies Still Lead, but Banks Return to Financing Market
Even as capital returns to the commercial real estate market, life insurance companies continue to top the list of debt providers. Indeed, in the first quarter, life insurance companies registered an index of 212 on the Mortgage Bankers Association mortgage originations index.
Flagler Secures 4 MSF Seagis Industrial Portfolio Contract
Flagler Real Estate Services has secured a contract from Seagis Property Group to manage the industrial real estate owner’s 4 million-square-foot South Florida portfolio of assets
Property Management: On the Front Lines
Despite 10 years of advancement in emergency preparation, managers are still seeking to do better — and tenant involvement is just one of key ways that can happen.
Prudential’s Rick Romano on REITs, CMBS
Rick Romano, a vice president with Prudential Real Estate Investors, sat down with Commercial Property Executive to discuss his firm’s outlook for the rest of 2011.
IMT Capital Closes Multi-Family Fund with $350M in Commitments
IMT Capital L.L.C. has completed its IMT Capital Fund II, giving the company $350 million in committed equity to play with in the pursuit of opportunities across the country.
$79M in Financing Arranged for Miami Office Portfolio
Acting on behalf of a subsidiary of Hines REIT, commercial real estate services firm HFF has orchestrated a $79 million deal for the refinancing of Airport Corporate Center, a 1 million-square-foot office portfolio in Miami.
Gramercy Capital Signs $549.7M Mezz Loan Settlement
Gramercy Capital Corp. has struck a deal with Goldman Sachs, Citicorp and KBS Debt Holdings involving $549.7 million in senior and junior mezzanine loans.
George Smith Partners Completes $34M in Refis Across Two Properties
Commercial real estate banking firm George Smith Partners has arranged more than $34 million in debt to refinance two retail centers — located in California and Nevada — at what the company calls “exceptionally attractive terms.”
Prosky on Healthcare Real Estate
Danny Prosky, president & COO of Grubb & Ellis Healthcare REIT II, talks on CPE TV about the booming market for healthcare real estate.