News
RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta
Located along Jonesboro Road and Highway 138, Shannon Square sits seven miles south of Hartsfield-Jackson Atlanta Airport.
HFF Nails Down $32.8M in Financing for Texas Multi-Housing Community
Proceeds from the 35-year, fixed-rate loan will go toward retiring an existing construction loan as well as recapitalizing the property.
Madding Tapped as President & CIO of C.M. Capital
Madding spent 22 years with the Henry J. Kaiser Family Foundation.
Omni to Build $250M Convention Center Headquarters Hotel in Downtown Nashville
The Omni Nashville Hotel will make its debut soon after the convention center opens its doors in 2013.
ING Continues to Mitigate CRE Risk with Sale of Stake in $1.9B Canadian Industrial Portfolio
Amsterdam-headquartered global financial institution ING Group continues to downgrade its presence in the tumultuous commercial real estate market with a deal to sell its 50 percent interest in ING Summit Industrial Fund L.P., a fund with a 32 million-square-foot industrial portfolio in Canada.
Wells REIT II Acquires 128,000 SF Office Property in Orlando
The Orlando market, one of the harder-hit during the recession, is seeing some action.
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.
Economy Watch: Residential Delinquencies Edge Down
The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 9.85 percent at the end of the second quarter of 2010, according to the latest Mortgage Bankers Association’s National Delinquency Survey, which was released Thursday.
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.