Recent Headlines
Fountainhead Commercial Capital Speeds Commercial Real Estate Loan Approvals Using AI
New Pronto system approves commercial real estate loan applications within two hours. - September 21, 2017 - Fountainhead Commercial Capital
Thompson DeWitt Financial Announces the Launch of Thompson-Dewitt Capital Advisors in NYC
T-D Financial Group announces the September 2017 opening of its New York Headquarters. - September 15, 2017 - Thompson DeWitt Financial Group
Trinity Street Capital Partners Announces the Origination of a High Leverage, Non-Recourse, Hotel Loan and Preferred Equity Investment
Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the origination of a $37MM first mortgage and $9MM of preferred equity on a portfolio of limited service hotels in Dallas, TX. - September 12, 2017 - Trinity Street Capital Partners
Maxx Builders Announces Groundbreaking for Home2Suites by Hilton
Maxx Builders announces the groundbreaking of 100 unit Home2Suites in Richmond, TX. - September 04, 2017 - Maxx Builders
Bay Mountain Capital Introduces Extended Term Rental Property Financing
Bay Mountain Capital, a direct lender providing short term financing to real estate investors since 2008, is expanding its product line to include extended term financing for rental properties. Dean Lontos, Bay Mountain managing partner explained, “We are addressing a growing need in the... - August 31, 2017 - Bay Mountain Capital
Maxx Builders Named to 2017 Inc. 5000 Fastest Growing Companies
Maxx Builders Ranks No. 1,800 on the 2017 Inc. 5000 with Three-Year Sales Growth of 215% - August 28, 2017 - Maxx Builders
United Capital Partners Funds an Early Stage Customer Through a Master Lease Line of Credit
Early Stage radiopharmaceutical company is funded through a master lease line of credit to fund technology equipment for their USA office. - August 15, 2017 - United Capital Partners
United Capital Partners Successfully Source Approval for $1.1MM Sale Lease Back for Biotechnology Entity
An internationally based customer in need of liquidity to fund USA operations uses assets at USA location to approve a $1.1MM sale lease back facility. - August 15, 2017 - United Capital Partners
United Capital Partners Successfully Places $3MM Formula Based Line of Credit on Monthly Recurring Revenue
Software-as-a-service (SaaS) customer closes on a $3MM formula based revolving line of credit on monthly recurring revenue. The LOC will take out convertible debt and provide growth capital to support increased demand for customers technology platform. - August 15, 2017 - United Capital Partners
Real Estate Lender Zeus CrowdFunding More Than Doubles Its U.S. Service Area
Zeus CrowdFunding, the fastest real estate crowdfunding site in America, will now provide fast funding to more of America than ever before. The company more than doubled its service area this month, expanding to eight new states as well as Washington, D.C. The full list of territories in which... - August 02, 2017 - Zeus CrowdFunding
Fountainhead Commercial Capital Finances Over $25 Million in Commercial Real Estate in Second Quarter of 2017
Nonbank commercial lender finances over $43 million in first half of 2017. - July 27, 2017 - Fountainhead Commercial Capital
Hospitality Funding Advises Newark Hotel Acquisition
Hospitality Funding raised funding for the SpringHill Suites by Waramaug LS Hotels. - July 22, 2017 - Hospitality Funding
Bay Mountain Capital Closes Record $4.4 Million “Hard Money” Loan
Bay Mountain Capital, a direct lender providing short term financing to real estate investors since 2009, recently closed a single loan transaction for $4.4 million. Dean Lontos, Bay Mountain managing partner explained, “This is a record loan size for us and provides evidence that the niche... - July 18, 2017 - Bay Mountain Capital
NBCUniversal Receives the 15th Annual Q Award for Its Development of the Wizarding World of Harry Potter Attraction
The 2017 Q Award was presented to this yearʼs recipient NBCUniversal for its new Universal Studios Hollywood attraction The Wizarding World of Harry Potter™. The Alliance for Quality Construction (AQC) event was held on June 15, 2017 at the Globe Theatre within Universal City Studios. AQC is one of several councils that BIA of Southern California memberships have the option of joining. - July 13, 2017 - BIA of Southern California
Altoma Real Estate Advisors LLC Announces Closing Over $70,000,000 in 8 Months
Altoma, a CRE debt and equity placement shop based in California, closed $72,479,500 in debt financing spanning 14 transactions from early October 2016 to early June 2017. The placements included acquisitions and refinances for repeat and new clients alike, further bolstering a track record for executing as promised and exceeding expectations. - June 30, 2017 - Altoma Real Estate Advisors, Inc.
World Enterprise Realty Inc. Lists 6,722 Sq.Ft. Contemporary House in Miami with Ocean Front Views
Newly available bay front property boasts 24 foot ceilings. - June 29, 2017 - World Enterprise Realty Inc
United Capital Partners Successfully Sources $3MM Growth Capital for Customer
A high growth start up customer looking for debt to fund several expansion locations within the USA and take out restrictive bank debt was successfully funded $3MM in non-dilutive debt. - June 28, 2017 - United Capital Partners
Atlantic Commercial Group Completes Long Term Ground Lease in Deerfield Beach, FL
Gary Broidis, Principal of Delray Beach-based Atlantic Commercial Group, Inc., announced that a long term lease has commenced for CVS Drugstores to be located on an outparcel at Century Plaza in Deerfield Beach, FL. CVS Drugstores, Inc. will occupy approximately 13,000 SF and site work has... - June 10, 2017 - Atlantic Commercial Group
New Interactive Bay Mountain Website Appeals to “Hard Money” Borrowers
Bay Mountain Capital, a direct lender that has been providing short term financing to Texas real estate investors since 2009, has launched a new, interactive website to create a more convenient investment experience for borrowers. Phil Sanchez, the partner responsible for finance, legal and... - June 07, 2017 - Bay Mountain Capital
Several North Carolina Economic Development Websites Now Feature Property Listings from the North Carolina Commercial Information Exchange (NCCIE)
The North Carolina Commercial Information Exchange (NCCIE) recently began sharing listing data with the Economic Development Partnership of North Carolina (EDPNC) and High Point Economic Development Corporation. NCCIE, a Catylist-powered commercial information exchange, is an online commercial real... - June 07, 2017 - Catylist
The Boulder Group Arranges Sale of Net Lease Arby’s Restaurant Property
Randy Blankstein and Jimmy Goodman of The Boulder Group represented both the seller and purchaser in the transaction. - June 07, 2017 - The Boulder Group
Trinity Street Capital Partners Announces the Origination of a High Leverage, Non-Recourse, Commercial Mortgage & Preferred Equity on Knoxville, TN Multifamily Property
Trinity Street Capital Partners, a full service real estate investment bank, announces the origination of a non-recourse, senior commercial mortgage and a preferred equity investment, utilized for the acquisition of a 180 unit, garden style apartment complex located in the Park City section of Knoxville, TN. - June 06, 2017 - Trinity Street Capital Partners
Crust Pizzeria & Sports Bar Enters Into Long Term Lease at 311 Barrington Avenue in East Dundee, IL Residential Luxury Loft Apartments 50% Leased
An established restaurateur group has chosen East Dundee to open their new concept Crust Pizzeria and Sports Bar. The group has leased over 5000 sq ft to provide a family friendly Pizzeria featuring amazing thin crust & super thin crust pizzas’, Italian favorites with a sophisticated... - June 02, 2017 - 311 Barrington Ave LLC
BIASC’s GSM Council Tours Model Homes During Lunch and Learn Series
BIASC's Greater Sales and Marketing Council has completed a series of insightful Lunch and Learns this month at Playa Vista, Westridge at Canyon Hills in Lake Elsinore, and Parasol Park at Great Park Neighborhoods in Irvine. - April 29, 2017 - BIA of Southern California
Manhattan Rental Market Declines and Concessions Increase
With the rental market at a low, renters are negotiating winning concessions. New York renters are getting a break right now. Rents have dropped through the winter and concessions are being offered at an all-time high. These trends are expected to continue through the summer as landlords work to... - April 29, 2017 - Manchester Real Estate
BIASC CEO to Join Taller San Jose Hope Builders' Investor’s Breakfast Panel
BIASC CEO, Mike Balsamo, will be on a panel April 26th at the Investor’s Breakfast, which will be hosted by Taller San Jose Hope Builders in Anaheim. - April 27, 2017 - BIA of Southern California
BIASC CEO to Speak at Trending Topics in Contracting for 2017 4th Annual Educational Symposium
BIASC CEO Mike Balsamo, has been invited to speak on a panel at the Trending Topics in Contracting for 2017 4th Annual Educational Symposium on Thursday, April 27, 2017 at Brandman University, Irvine. - April 27, 2017 - BIA of Southern California
Manchester Real Estate - New Program for House Flipping Properties Nationwide
Manchester Real Estate Launches Division to Help House Flippers Maximize Profits With direction from local real estate company, house flippers can get the most from their investments. The team at Manchester Real Estate has announced the launch of a brand new division that will aid clients seeking... - April 14, 2017 - Manchester Real Estate
Keller Williams Hires Jimela Bewley for Pismo Beach Office
Keller Williams Central Coast is pleased to announce its recent hire of Jimela Bewley, who will join the the Pismo Beach office as of April 1, 2017. - April 12, 2017 - Jimela Bewley - KW
Developer Anton Philipp Breaks Ground on South Beach Style Condominium Complex in Madeira Beach
Developer Anton Philipp, alongside the city manager and mayor of Madeira Beach, has officially broken ground on a new condominium complex in Madeira Beach. The new condominiums, located between 14107 and 14133 Gulf Blvd., aim to bring contemporary South Beach style to the relaxing atmosphere of... - March 28, 2017 - WB Financial
Progress Capital Advisors Secures Financing to Rebuild Sea Village Marina Destroyed by Hurricane Sandy
Dave Cappello of Progress Capital Advisors secured a $3 Million loan for a commercial borrower to acquire, renovate and redevelop the ailing Sea Village Marina, a houseboat community along the Margate Causeway at the Jersey Shore destroyed by Hurricane Sandy in 2012. - March 25, 2017 - Progress Capital
Five Things Managers Should Know About Sewer Odors
Many building managers don’t know what causes sewer odors in a building. So, to bring them up to speed, Waterless Co., which manufacturers drain and pipe care products, presents “Five Things Everyone Should Know About Sewer Odors.” - March 24, 2017 - Waterless Co
Tri State Commercial Realty’s Shlomi Bagdadi Receives 2016 CoStar Power Broker Award
Tri State Commercial Realty is pleased to announce that it’s President - Shlomi Bagdadi has been named a 2016 CoStar Power Broker TM by CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces. This annual industry award recognizes... - March 24, 2017 - Tri State Commercial® Realty Inc
Tri State Commercial® Realty, Inc. Wins an Award as One of the Top Leasing Firms in the Market
Mr. Shlomi Bagdadi, the president of Tri State Commercial® Realty, Inc. is highly excited to announce that the Brooklyn based leading commercial real estate firm has been selected to receive the 2016 CoStar Power Broker TM Award as one of the top leasing firms in the market. This annual award... - March 24, 2017 - Tri State Commercial® Realty Inc
Chris Spade of Spade Home Made, Inc and Keller Williams Realty Helps in the Sale of a University Heights Condo
Chris Spade of Keller Williams Realty and CEO of Spade Home Made, Inc. helps another San Diego homeowner sell their home. - March 19, 2017 - Keller Williams San Diego Metro
Randy Blankstein, President of The Boulder Group, to Chair Net Lease Summit Conference
Randy Blankstein is the founder and President of The Boulder Group a boutique investment real estate services company that specializes in single tenant net leased properties. - March 13, 2017 - The Boulder Group
OMG Soccer to Open St. Louis Location
Hilliker Corporation assists landlord and tenant with lease. - March 09, 2017 - Hilliker Corporation
Single Tenant Net Leased Shopko Sale Arranged by The Boulder Group
Randy Blankstein and Jimmy Goodman of The Boulder Group were the brokers involved in the transaction. - March 05, 2017 - The Boulder Group
Apostles Church Buys 108-Year-Old Church for New Home
St. Louis' Hilliker Corporation represents both buyer and seller with sale. - March 04, 2017 - Hilliker Corporation
DLP Realty Appoints Jonathan Campbell as Sales Manager
DLP Realty is proud to announce that Jonathan Campbell has been named Sales Manager. Jonathan has over 10 years experience and more than 500 home sales. “Jonathan has been a top performing listing specialist at DLP Realty for the past several years including consistently ranking as one of... - February 12, 2017 - DLP Real Estate Capital
David Thurm and Douglas Blais Join Renowned Strategic Owner's Advisor and Project Consulting Firm Lehrer, LLC
Thurm and Blais to Serve as Key Leaders on Jacob K. Javits Convention Center Expansion. - February 03, 2017 - Lehrer, LLC
Bridgetown Trucking Moves to Union Seventy Center Business Park
Hilliker Corporation assists client with relocation from Chesterfield, Mo. - January 25, 2017 - Hilliker Corporation
Trinity Street Capital Partners (TSCP) Announces the Origination of a High Leverage, Non-Recourse, Hotel Loan
Trinity Street Capital Partners, a full service real estate investment bank, announces the origination of a $13MM blanket, first mortgage on two limited service hospitality properties. The hotels were flagged as a Hampton Inn, by Hilton and Spring Hill Suites, by Marriott and located in New Bern, NC. - January 24, 2017 - Trinity Street Capital Partners
Westwood Net Lease Advisors Brokers $92.6 Million Deal
St. Louis company handles largest transaction in its history. - January 18, 2017 - Westwood Net Lease Advisors
Trinity Street Capital Partners is Hiring
Trinity Street Capital Partners is hiring for new Commercial Mortgage Origination positions in Miami, FL / Washington, DC/ Boston, MA/ Atlanta, GA and Charlotte, NC. - January 17, 2017 - Trinity Street Capital Partners
Fountainhead Commercial Capital Finishes 2016 on High Note
Nonbank lender funds $68.9MM in total project costs across 10 different states. - January 17, 2017 - Fountainhead Commercial Capital
BIASC Members Take Home Awards at 2017 NAHB IBS
Members of the Building Industry of Southern California, Inc. (BIASC) took home awards across the spectrum of categories at the 2017 National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Orlando, Florida. The awards, presented by NAHB, were announced at the ceremony held on January 10, 2017 and January 11, 2017. - January 15, 2017 - BIA of Southern California
Quiet Village Landscaping Purchases New Headquarters
Hilliker Corporation represents seller of Overland, Mo. property. - January 14, 2017 - Hilliker Corporation
The BSC Group Arranges $30M Refinancing for Long Island City Self-Storage Property
The BSC Group, LLC, a leading commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage investors, announced the arrangement of $30M in non-recourse construction loan takeout financing for a self-storage property in Long Island City, NY. Loan... - January 10, 2017 - The BSC Group, LLC
BIASC Responds to the Final Environmental Impact Report on California WaterFix
Responses from organizations, including BIASC, representing thousands of business and labor groups water agencies, family farmers, environmentalists, and others came today after the final Environmental Impact Report (EIR) on the Governor’s California WaterFix which was sent out by the Department of Water Resources (DWR). - December 24, 2016 - BIA of Southern California