San Diego, CA - February 4, 2013 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2012. At the top of the list of firms is Wells Fargo with $429.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.6 billion, Berkadia Commercial Mortgage LLC with $197.3 billion, Bank of America Merrill Lynch with $112.5 billion, and KeyBank Real Estate Capital with $101.2 billion.
MBA Forecasts $254 Billion of Commercial/Multifamily Mortgage Originations in 2013, Up 11% From 2012
San Diego, CA - February 4, 2013 - (RealEstateRama) -- In its second annual forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will grow to $254 billion in 2013, an increase of 11 percent from 2012 volumes, and continue to rise to $289 billion in 2015. Originations of multifamily mortgages are forecast at $100 billion in 2013.
San Diego, CA - February 4, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations
Northbrook, IL - February 4, 2013 - (RealEstateRama) -- The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Auto Parts Store Market.
BOCA RATON, FL - February 4, 2013 - (RealEstateRama) -- The deadline is fast approaching for the National Association of Real Estate Editors' 63rd Annual NAREE Journalism Competition for real estate writers and editors. The deadline for entries is March 1, 2013, for work published or aired in 2012.
IBM SOUTHEAST EMPLOYEES’ FEDERAL CREDIT UNION SELECTS CBRE AS EXCLUSIVE MULTI-MARKET OCCUPIER SERVICE PROVIDER...
South FL - January 31, 2013 - (RealEstateRama) -- CBRE has been named as exclusive agency provider by IBM Southeast Employee’s Federal Credit Union (IBM) for their 16-property real estate portfolio of owned and leased office and branch facilities in Florida and Georgia. First Vice President Rick Miller, SIOR, and Senior Associate Tyler Harrison comprise the CBRE team providing tenant advisory services to IBM.
Cushman & Wakefield Arranges $55.8 Million Joint Venture for Beal/Street-Works Team on New Quincy...
Quincy, MA - January 30, 2013 - (RealEstateRama) -- As exclusive advisor to Hancock Adams Associates, Cushman & Wakefield’s Equity Debt and Structured Finance group has arranged a $55.8 million equity investment for the development of Merchants Row, the first component of the over 3.5 million square foot New Quincy Center re-development, located in Quincy, Massachusetts. LaSalle Investment Management is joining Street-Works Development LLC and The Beal Companies, LLC, the co-master developers of New Quincy Center, in providing the equity for Merchants Row.
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- Ware joined NAIOP and its business development department in 2001 as a sales manager and worked his way up to director of sales, senior director of business development and, now, vice president of business development. Throughout his 11 years at NAIOP, Ware has generated $5.8 million in revenue; doubled sponsorship revenues for the association’s industrial conference, I.con; and increased sponsorship levels by 30 percent for Development: The Annual Conference for Commercial Real Estate, which is held each fall. In 2008, when Ware took over as head of the business development department, the association also marked its highest grossing year for business development.
Washington, D.C. - January 23, 2012 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) released its annual list of the top 10 states for new LEED certifications in 2012, highlighting those regions that are transforming buildings and communities across the country.
TORRANCE, CA - January 17, 2012 - (RealEstateRama) -- Colliers International, Greater Los Angeles has hired one of Southern California’s most prolific retail investment teams. Kyle Matthews, a former Director of Marcus & Millichap’s National Re...
Seminole Tribe of Florida and Stiles Construction Enter into Unprecedented Joint Venture Partnership
Fort Lauderdale, FL. - January 17, 2012 - (RealEstateRama) -- In an unprecedented move to expand construction and development operations throughout the Southeast U.S. and beyond, the Seminole Tribe of Florida, Inc. and Stiles Construction, a division of Stiles, announced today a new joint venture partnership to create Seminole Development and Construction, LLC. The newly created venture provides both Seminole Tribe of Florida, Inc. and Stiles with access to a range of real estate construction project opportunities within the Native American tribal network and also includes projects planned under the auspices of the U.S. federal government.
PHOENIX, AZ - January 16, 2012 - (RealEstateRama) -- A 29-acre parcel at the SWC of 75th Ave. and Interstate 10 traded for $7,050,000.
Central/North Florida - January 16, 2012 - (RealEstateRama) -- CBRE Capital Markets secured a total $60,075,000 in financing for the acquisition of seven shopping centers in Florida and for the refinance of a Lowe’s in Opelika, Alabama, on behalf of H&R REIT. The lender, an undisclosed life company, held the loan terms open for period of three months. Financing on six of the assets closed on September 6, 2012 while the full loan portfolio closed December 28, 2012.
NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Daniel Hu, Director of NAI Capital’s new Asia Pacific Group (APG), joined NAI Apollo (Germany) in Seoul, Korea Nov 29th—Dec 1st for NAI Global’s Asia Pacific Regional Meeting 2012. This conference brought together commercial real estate professionals from Korea, China, Taiwan, Singapore, Indonesia, Malaysia, Vietnam, India, and Japan to help solidify shared objectives and open up new lines of communication for moving business forward in 2013 and beyond.
NAI Capital Has Retained Exclusive Representation for Primero Management Shopping Centers Nationwide
NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Bennard Gillison, Senior Vice President with NAI Capital’s Corporate Headquarters in Encino, CA, has been retained as the exclusive broker for Primero Management Incorporated. Primero Management is ...
Miami, FL - January 15, 2012 - (RealEstateRama) -- Butters Construction & Development is starting the new year with another announcement for the largest new industrial development in Miami-Dade County. Butters has partnered with L&B Realty Advi...
New York, NY - January 15, 2012 - (RealEstateRama) -- SL Green Realty Corp (NYSE: SLG) today announced that WPP Group, USA, Inc. which is part of the world's largest communications services group, with 3,000 offices in 110 countries, has renewed its lease at 100 Park Avenue covering 43,294 square feet on the entire fourth floor
U.S. home builders broke ground on more apartment buildings in October, driving housing starts up 3 percent to an unexpected seasonally adjusted rate of 1.229 million, the Commerce Department reported Tuesday
Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead, according to a NATIONAL ASSOCIATION OF REALTORS® forward-looking index for the commercial real estate sectors.
WASHINGTON, Sept. 26 /PRNewswire-USNewswire/ -- The National Association of Realtors(R) supports the Homeowners' Defense Act of 2007, H.R. 3555, because it would help protect homeowners, commercial property owners, and potential property owners by ensuring the availability of adequate and affordable insurance, which NAR views as an important consumer issue.