Commercial Property News

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Colorado Seniors Housing Project Scores $41M Financing.
June 10, 2009 ... The Denver regional office of NorthMarq Capital arranged a $41 million construction/permanent loan for The Carillon at Boulder Creek, a 117-unit senor living community located at 2525 Taft Drive in Boulder, Colo. The property consists of a...

While Hotel Investment Activity Languishes in the U.S., Market Remains Viable in Brazil.
June 10, 2009 ... Plagued by the global recession that has slashed both business and pleasure travel, the hotel market is suffering on an international level and investors have backed away from buying or building in most locations, with a few exceptions--like...

Economic Update -- CRE Defaults Head for High Ground.
June 10, 2009 ... A new report by Real Estate Econometrics, based on FDIC data, puts the commercial real estate loan default rate at its highest level in more than a decade and a half, at least those loans held by regulated deposit-taking institutions--banks...

AIG Headquarters Sale Makes Splash in Quiet Manhattan Investment Market.
June 10, 2009 ... With rumors circulating of a sale price around $100 per square foot, the sale of the 66-story American International Group headquarters in Lower Manhattan likely set the bar for the biggest sale in the area market thus far in 2009.Youngwoo &...

Transwestern Fund Inks Virginia Bank to 62,000-SF Office Lease.
June 10, 2009 ... Aslan Realty Partners III L.L.C., a fund sponsored by Transwestern Investment Co., has inked a five-year, 62,200-square-foot lease with Branch Banking & Trust Company of Virginia Inc. The bank will house its regional headquarters at Falls...