Recent Headlines
Burr Pilger Mayer Doubles Its Walnut Creek Office Footprint
Burr Pilger Mayer (BPM), one of the largest West Coast-based accounting and consulting firms, executed an agreement to lease almost 20,000 square feet (sf) of office space, effectively doubling its Walnut Creek footprint. Beginning December 2011, BPM plans to occupy 2001 North Main Street in Walnut Creek. Alex Grell and Sean Cooley of Cornish & Carey Commercial Newmark Knight Frank’s Walnut Creek office represented BPM in its new lease with landlord Legacy Partners. - August 24, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Garfield Traub Development DPAC Proves Skeptics Wrong
Durham Performing Arts Center developed by Garfield Traub is gaining positive media attention. Correspondents who openly doubted project are retracting criticism. - August 19, 2011 - Garfield Traub Development, LLC
Google Leases Jay Paul Company’s Technology Corners
Google, Inc. has executed a long-term lease agreement to occupy approximately 715,500 square feet (sf) of office space at Jay Paul Company’s Technology Corners campus. This lease represents the Internet giant’s first major lease in Sunnyvale. The property lies immediately adjacent to Motorola Mobility's Moffett Towers property. Cornish & Carey Commercial Newmark Knight Frank Executive Vice President Phil Mahoney represents Jay Paul Company’s Technology Corners property in its leasing engagement. - August 18, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Scientific Capital Arranges the Acquisition Financing of the Sleep Inn in Walterboro, South Carolina
Scientific Capital Group arranges a 1.7 MM SBA 7a loan for the acquisition of the Sleep Inn in Walterboro, South Carolina. The project was financed through an FDIC lender at 70% Loan to Value. A good news for those with an existing 7(a) loan or those who are planning to finance their hotels... - August 12, 2011 - Scientific Capital Group, Inc.
Scientific Capital Arranges 4.1MM SBA Hotel Loan for an Independent Hotel in Amarillo, TX
Scientific Capital Group arranges a 4.1 MM SBA 7a loan for the refinance of an independent 185 room hotel in Amarillo, Texas. The project was financed through an FDIC lender at 68% Loan to Value (LTV) with the combined LTV of 75% including the seller carry. Hotel financing has remained anemic in... - August 04, 2011 - Scientific Capital Group, Inc.
Gain Elite Access to Off Market Commercial Real Estate Assets Direct from US Banks Through COMAC
COMAC (Commercial Off Market Assets & Capital) sources assets direct with US banks and private sellers for principal buyers. The new Elite Program takes investors to the front of the line for a first look. - August 04, 2011 - COMAC
Jonathan Hill Joins Gibraltar Private Bank & Trust as Investment Strategy Specialist
Gibraltar Private Bank & Trust today announced that Jonathan Hill has been hired as an investment strategy specialist. He will be based in the bank’s Coral Gables headquarters and will work within Gibraltar’s wealth management division. - July 28, 2011 - Gibraltar Private Bank & Trust
Scott Fair Joins Cornish & Carey Commercial Newmark Knight Frank
Scott Fair has joined Cornish & Carey Commercial Newmark Knight Frank’s Hayward office. Fair specializes in the industrial commercial real estate market along the I-880 corridor in the East Bay. - July 24, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Swift Realty Partners’ One Concord Center Quickly Filling Up
Swift Realty Partners’ One Concord Center is exceeding the firm’s expectations growing its tenant roster. In just 7 months, 14 lease transactions totaling 111,615 square feet (sf) were completed bringing the occupancy rate of the 358,589 sf property from 43.2% to 78.3%. Breck Lutz and Alex Grell of Cornish & Carey Commercial Newmark Knight Frank’s Walnut Creek office represent Swift’s One Concord Center for lease. - July 24, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Terrace Capital Spearheads $7.2MM Refinance for Multifamily Property in Atlanta, GA
Terrace Capital, Inc., represented an established, local multifamily real estate developer (MSC Investment & Management) in the refinance of Sierra Forest Apartments, a 272-unit class B, apartment complex located at 6660 Mableton Parkway in the city of Mableton, Cobb County, Georgia. The city of Mableton is located in the Atlanta Metropolitan Statistical Area and has a population of approximately 26,000. - July 22, 2011 - Trinity Street Capital Partners
Gibraltar Private Bank & Trust Hires Randall Vitale as Senior Vice President, Broward County Market Executive
Gibraltar Private Bank & Trust today announced that it has hired Randall Vitale as Senior Vice President, market executive for Broward County. Established in 1994, Gibraltar Private is an integrated private banking and wealth management company dedicated to enhancing the wealth and well-being of its clients and their families. - July 21, 2011 - Gibraltar Private Bank & Trust
Charles Reinhart Company, Realtors Welcomes 5 New Agents
5 Realtors have joined the Charles Reinhart Company. - July 14, 2011 - Charles Reinhart Company, Realtors
The BSC Group Announces Record First Half
The BSC Group, LLC, a leading commercial real estate financing advisor and provider of debt and equity capital solutions, announces more than $75 million in transaction volume through the first half of 2011. - July 13, 2011 - The BSC Group, LLC
Vendible Broker Announces the Launch of Canadian Kitchen & Interior Design Firm Naish Designs
Today out of New York, NY it was announced by marketing guru Vendible Broker the launch of a new and revolutionary company in Canada. This company is Naish Designs. - July 01, 2011 - Vendible Broker
10 Charles Reinhart Company Agents Earn GRI Designation
10 Agents with the Charles Reinhart Company recently earned their GRI Designation. - June 25, 2011 - Charles Reinhart Company, Realtors
Deerfield Realty Purchases The Mercer Retail from Prometheus
Menlo Park-based, commercial real estate firm Deerfield Realty acquired the retail portion of award-winning mixed-use development The Mercer – called The Mercer Retail -- from Prometheus Real Estate, the Bay Area’s largest private owner of multi-family properties. The Mercer Retail, located at 1615-1699 North California Boulevard in Walnut Creek is comprised of a 22,023 square foot ground floor retail condominium built below 181 luxury residential apartments and condominiums. - June 23, 2011 - Cornish & Carey Commercial Newmark Knight Frank
The Corvus Group/RSM McGladrey, Inc. Complete Due Diligence on Commercial Real Estate Securitization Portfolio
The Corvus Group, Inc. and RSM McGladrey, Inc. recently completed a due diligence assignment on a performing and securitized commercial real estate loan portfolio with a loan balance aggregating $737 million. - June 15, 2011 - The Corvus Group
The BSC Group Expands Team
Casey McGrath joins The BSC Group LLC as associate vice president. - June 14, 2011 - The BSC Group, LLC
Top Tier Commercial Real Estate Financing Advisors Relocate HQ to West Loop
Commercial real estate financing advisors, The BSC Group, relocates its headquarters to the West Loop in Chicago. - June 10, 2011 - The BSC Group, LLC
Microsoft Leases Nearly 240,000 Square Feet at Jay Paul Company’s Moffett Towers
Microsoft Corporation executed a long-term lease agreement to lease 237,000 square feet (sf) of office space at Moffett Towers in Sunnyvale, California. Developed by San Francisco-based Jay Paul Company, the LEED Gold, 1.8 million square foot office/R&D campus offers an amenity-rich environment in the heart of Silicon Valley. Cornish & Carey Commercial Newmark Knight Frank Executive Vice President Phil Mahoney represents Jay Paul Company’s Moffett Towers property in all leasing engagements. - May 25, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Zuklu Announces the Launch of Its New Social Networking Website for Commercial Real Estate Professionals
Zuklu, a commercial real estate social network marketplace for professionals, investors, and brokers, announced the launch of its new website today. Zuklu.com not only connects its users with other Commercial Real Estate (“CRE”) professionals globally, but also provides them access to... - May 22, 2011 - Zuklu
MegaPath Leases Over 25,000 Square Feet in Bernal Corporate Plaza
MegaPath agreed to lease 25,709 sf in Bernal Corporate Plaza in Pleasanton, California. MegaPath plans to relocate to Bernal Corporate Plaza to take advantage of the attractive offerings of this “city within a city,” –which include immediate access to retailers and services that employees require each day. Cornish & Carey Commercial Newmark Knight Frank’s Jeff Morgenstern, Dan Watson and Marcy Place represented Bernal Corporate Plaza for the landlord, Principal Real Estate Investors. - May 21, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Cornish & Carey Commercial Newmark Knight Frank Team Selected to Market Sobrato's First San Francisco Property for Lease
Renowned Silicon Valley landlord, The Sobrato Organization, selected Cornish & Carey Commercial Newmark Knight Frank to market the firm’s first San Francisco property for lease. The 291,000 square foot (sf) Class A waterfront building is located at 500 Terry Francois Boulevard in the Mission Bay neighborhood of San Francisco. Sobrato closed escrow on the $91 Million property Tuesday, May 17, 2011. - May 19, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Newmark Knight Frank Cornish & Carey Commercial Capital Group Closes Over $142,000,000 in Exclusive Debt Assignments on West Coast During the First Months of 2011
Brad Zampa and Ben Bullock of Newmark Knight Frank Cornish & Carey Commercial’s Capital Group placed over $142,000,000 in permanent and bridge debt on Bay Area office product in the first months of 2011. The Capital Group is looking to grow its team, as both investment sales and financing opportunities are increasing significantly on the west coast, and the team’s current pipeline includes over $1 Billion of exclusive debt and equity assignments. - May 19, 2011 - Cornish & Carey Commercial Newmark Knight Frank
New Leases Mean Help for Relief Efforts
Two local apartment communities, the Springs at Madison and the Springs at Huntsville, will donate $100 to the American Red Cross for every new lease signed by June 30, 2011. Efforts go to support Alabama communities affected by the tornadoes on April 27, 2011. - May 18, 2011 - Continental Properties Company, Inc.
Charles Reinhart Company Welcomes 8 New Agents
The Charles Reinhart Company has welcomed 8 new Realtors: Chris Brown, Brad Doan, Josh Kercher, Darby Kolano, Jo Pichan, Michael & MaryAnn Ryan, and Dana Vespremi. - May 04, 2011 - Charles Reinhart Company, Realtors
Colliers Teaches the First LEED Class in Albania
In March, Colliers International taught the first Green Building and Leadership on Energy and Environmental Design (LEED) training class in Tirana. The activity was initiated and supported by the EBRD Business Advisory Services (BAS) program for Albania. The training was attended by 20... - April 29, 2011 - Colliers International Albania
Bull Realty Brokers CCIM Based Sale of Golden Corral
Bull Realty said today it brokered a deal between Noble Properties and Joshua Realty & Loan for the Golden Corral location in Austell, Ga. The buyer, seller, and broker involved in the net-leased investment sale are all Certified Commercial Investment Members. Certified Commercial Investment... - April 28, 2011 - Bull Realty
Assisted Living Construction Lagging Behind Baby Boomer Demand
A leading analyst on assisted living and senior housing predicted on the Commercial Real Estate Show that baby boomers could be in trouble when they start looking for assisted living facilities — unless construction increases rapidly. “Are we building enough to meet the levels of... - April 27, 2011 - Bull Realty
Ninety Percent of Companies Looking to Increase Social Media Spending
More than 90 percent of companies will increase their social media marketing budgets in 2011, according to one social media guest expert on the “Commercial Real Estate Show.” With an estimated 650 million users on Facebook and another 90 million on Twitter, companies are willing to... - April 20, 2011 - Bull Realty
The Corvus Group Appoints New Principals to Executive Leadership Team
The Corvus Group, Inc., a diversified commercial real estate capital services company that serves public and private sector clients nationwide, announced Senior Vice President Marshall Datcher and Managing Director Richard Pryzdia were promoted to principals at the firm. Working from... - April 19, 2011 - The Corvus Group
Charles Reinhart Company to Host Career Night
Promoting a career event for those interested in a career in real estate. - April 16, 2011 - Charles Reinhart Company, Realtors
Pickett Authors Second Article for The Scotsman Guide in 2011
Scott Pickett is the President of PSB Realty Advisors and has authored two articles for The Scotsman Guide in 2011. His latest article "Go Ahead-Call it a Comeback" was printed in the April 2011 edition of the trade publication. - April 06, 2011 - PSB Realty Advisors
As Economy Improves, Landlords Regain Upper Hand in Office Leasing
The commercial real estate office market is firming up, which means tenants may not be able to get the incredible deals they have come to expect during the recession, according to Chris Macke, senior real estate strategist at CoStar, a recent guest on the “Commercial Real Estate... - April 06, 2011 - Bull Realty
Retail and Office Markets Signal Recovery During the Second Half of 2010 by Lower Vacancy Rates and Picked Up Demand
Colliers International Albania has recently released its biannual research of the Real Estate Review for the second half of 2010. According to Colliers’ research, both office and retail markets picked up during the second half of 2010 marking lower vacancy rates while maintaining stable rents. - April 02, 2011 - Colliers International Albania
The Corvus Group Delivers Due Diligence Solutions on More Than $5 Billion of Commercial Real Estate Loans
The Corvus Group, Inc., a diversified commercial real estate capital services company that serves public and private sector clients nationwide, announced its Capital Markets division completed two commercial real estate loan due diligence assignments supporting both buyer and seller activities. - March 31, 2011 - The Corvus Group
Charles Reinhart Company Relocation Department Attends Global Real Estate Conference
Susan Kellam, Relocation Director, and Leslie Smith, Relocation Coordinator with the Charles Reinhart Company, Realtors (www.ReinhartRealtors.com) recently attended the 2011 Leading Real Estate Companies of the World (LeadingRE) conference March 8-10th. The annual event attracted 850 top real... - March 31, 2011 - Charles Reinhart Company, Realtors
The State of Retail Improving Steadily; Tenants Still Getting Great Deals
The retail sector has hit bottom, and retailers are starting to expand again, according to experts on the most recent episode of the Commercial Real Estate Show. For companies willing to add locations, there are good real estate deals to be had. “There are still pockets of weakness going... - March 31, 2011 - Bull Realty
West Virginia’s Largest CPA and Consulting Firm Opens Columbus Office
PSB Realty Advisors have leased space to West Virginia's largest CPA and Consulting Firm in Downtown Columbus, Ohio. - March 25, 2011 - PSB Realty Advisors
Hard Money Bankers to be Featured at This Weekend’s Exponential Wealth Exchange Expo
This weekend, March 18-21, the 2011 Exponential Wealth Exchange will be held in Columbia, Maryland at The Double Tree Hotel and Conference Center. The Exponential Wealth Exchange is a convergence of wealth building experts including real estate investors, business owners and personal wealth experts. - March 19, 2011 - Hard Money Bankers
FERI Designer Lines Partners with Executives Lisa and Alana Hamilton of AYFS Inc.
FERI Designer Lines (FERI®) and AYFS Inc. Financial Consultants are focused on promoting the benefits of investing in precious gems and metals. - March 16, 2011 - AYFS Inc.
Canada Credit Fix Inc. Partners with AYFS Inc. to Promote the Importance of Proper Credit Reporting
Canada Credit Fix Inc. and AYFS Inc. strive to ensure inaccuracies are removed from credit reports. The client's credit score may quickly increase, allowing financing to be approved at lower rates. - March 16, 2011 - AYFS Inc.
Resources & Conservation Center in Washington, DC Earns EPA’s ENERGY STAR® for Superior Energy Efficiency
Resources & Conservation Center (RCC) located at 1400 16th St. NW, owned by Resources & Conservation Center L.P. and managed by Stout & Teague Management Corp., has earned the U.S. Environmental Protection Agency’s (EPA’s) prestigious ENERGY STAR, the national symbol for protecting the environment through superior energy efficiency, for a second year. This signifies that the building performs in the top 25 percent of similar facilities nationwide for energy efficiency. - March 12, 2011 - Stout and Teague Companies
CRE Show Panel: Middle East Uprisings, Rising Oil Prices Impacting Nation’s Restaurant Business
Events taking place halfway across the world are making the wallets of local restaurateurs a little bit lighter, and. While appearing on the “Commercial Real Estate Show,” Pierre Panos said he noticed a sudden drop in business when political protests in Egypt started in early February. - March 11, 2011 - Bull Realty
C&C RiverRock Newmark Triples Managed Property Portfolio
C&C RiverRock Newmark tripled its managed property portfolio in just over a year of doing business. In December of 2009, C&C RiverRock Newmark introduced its property management service offering in Northern California with the 1.2 million square foot (msf) iStar Financial Silicon Valley portfolio under management and began increasing its client base. In late January of 2011, the firm was awarded a 2.5 msf portfolio assignment, bringing its total property management portfolio to more than 5 msf. - March 02, 2011 - Cornish & Carey Commercial Newmark Knight Frank
BNP Overseas Investment Company to Refinance Three Office Buildings and Hotel in Moscow, Russia
BNP Overseas Investment Company, (BNP-OIC) has been engaged to syndicate a loan to refinance three Class 'A' Office Buildings and one Hotel for $220,500,000. The properties are located in the Central Administrative District in the city of Moscow, Russia. The syndication has a blended interest rate... - February 27, 2011 - BNP Overseas Investment Company
T-Pain, TokenTV, Executivemix & The Necked Chicken (of Vendible Broker) Together in Vancouver
Today the combined offices of “TokenTV”(Vancouver), “The Executivemix” (Toronto) and “The nEcKeD cHiCkEn” of Vendible Broker (New York) announced a joint effort to bring T-Pain to Vancouver, Canada to the “Rogers Arena” August 29th 2011. This... - February 21, 2011 - Vendible Broker
The Necked Chicken (of Vendible Broker & Executivemix) Signs Contract with NCI Recordings
The World renowned concert and event producer Joshua Trump a.k.a The nEcKeD cHiCkEn (of Vendible Broker & Executivemix) has recently signed a contract with European recording agency NCI to produce a series of Global concerts as well as design a music ad campaign for the European Music Awards. - February 21, 2011 - Vendible Broker
CFO Capital Partners Continues to Expand Lending Footprint
CFO Capital Partners announced a partnership with Trinity Mortgage & Financial to deliver refinancing and Low Income Housing Tax Credit Business (LIHTCB) product to Oak Grove Capital formally known as MuniMae, which originally focused on LIHTCB business. - February 18, 2011 - CFO Capital Partners
PSB Realty Advisors Leases Specialty Property to Resurrection Ministries
PSB Realty Advisors’ Principal William Shelby recently leased the property located at 13475 Tollgate Road, Pickerington, Ohio to Resurrection Ministries. - February 17, 2011 - PSB Realty Advisors