When looking for financing opportunities, go West
The California Mortgage Brokers Association held its 22nd Annual Western States Commercial Real Estate Finance Conference in Las Vegas in early September. The conference focused on the current
CREJOctober 14, 2019
Newmark Knight Frank arranges $81 million loan for 255 St. Paul
Newmark Knight Frank arranged an $81 million loan for part of BMC Investments’ St. Paul Collection in Cherry Creek North. The fixed-rate loan refinances 255 St. Paul, one of two buildings that comprise the St. Paul Collection. The 255 St. Paul building at 255 St. Paul St. in Denver is a newly developed luxury residential…
Jennifer HayesJuly 14, 2019
Insurance companies expand multifamily financing options
When financing multifamily properties, most apartment owners first think about government sponsored entities, Fannie Mae and Freddie Mac.
CREJJuly 13, 2019
NorthMarq arranges $26.3 million loan
An office/flex property in Longmont was the subject of a $26.3 million bridge loan. Bryan Leonard, senior vice president/managing director of NorthMarq’s San Antonio-based regional office, secured the loan for the Creekside Business Park. The 257,266-square-foot property is located at 1921 Corporate Creek Circle, 1811 Pike Road and 1900 S. Sunset St. NorthMarq arranged financing…
Jennifer HayesJune 30, 2019
HFF arranges $220 million loan for 1144 Fifteenth
A $220 million loan was arranged by Holliday Fenoglio Fowler LP for a Class AA office building in downtown Denver. The HFF team, including Senior Managing Director Eric Tupler, worked on behalf of the borrower, Hines, and its equity partner to secure a 17-year, fixed-rate permanent loan through New York Life Real Estate Investors, on…
Jennifer HayesJune 22, 2019
Small-balance loans bring big benefits to owners
On March 26, Gary Ghiselli closed on refinancing Forest Street, the 24-unit property he has owned for several years. Leveraging a rally in the U.S. Treasury rates, he locked in a 4.09 percent fixed rate for 12
CREJMay 17, 2019
The yield curve inverted in March, what does it mean?
In a previous CREJ article from last May, I discussed strategies to minimize risk in a flat yield curve environment. While those financing strategies of utilizing forward commitments and interest rate
CREJMay 3, 2019
Partnership receives $75M in financing for The Confluence
Developer The Garrett Cos. sold the 164-unit property located at 5403 W. 96th Ave.
Jennifer HayesMarch 31, 2019
Familiarize yourself with the art of the debt fund
More and more, the term “debt fund” has been thrown around in the debt capital markets, and it’s a term more borrowers should understand. Last year, we closed 21 transactions with debt funds in
CREJMarch 3, 2019
HFF arranges $47.18 million construction loan for apts
Brickhouse at Lamar Station will be located on a 3.75-acre site at 6300 W. 13th Ave., within walking distance of the Lamar Station light-rail stop.
Jennifer HayesFebruary 18, 2019