Mortgage Banking
Trammel Crow, Principal Sign ConocoPhillips to 850 KSF Lease in Houston’s Energy Corridor
The energy company will be the sole occupant of a 550,000-square-foot office tower scheduled for completion in 2015 and will move into an additional 300,000 square feet at a companion building the following year.…
Economy Watch: Freddie Mac in the Black; Las Vegas Home Sales Improve
The government-sponsored enterprise reported net income of $4.6 billion for the first quarter, compared to $4.5 billion for the fourth quarter of 2012. …
Manhattan M-F Portfolio Attracts $94.4M in Financing
A 12-property apartment portfolio in Manhattan has just been refinanced to the tune of $94.4 million, courtesy of Beech Street Capital L.L.C. …
JLL’s Denny St. Romain: Financing from Life Companies, Conduits, Banks
At the 2013 Mortgage Bankers Association CREF/Multifamily Housing Conference, Denny St. Romain, managing director of Real Estate Investment Banking at Jones Lang LaSalle, discusses three sources of commercial real estate financing today: life companies, conduits and banks.
Vic Clark: Conduits Compete Directly with Fannie, Freddie
At the 2013 Mortgage Bankers Association CREF/Multifamily Housing Conference, Vic Clark, managing director of Centerline Capital Group, explains the increasing competitiveness of CMBS financing in the commercial real estate world.
David Durning: Prudential’s Financing Goals for 2013
At the 2013 Mortgage Bankers Association CREF/Multifamily Housing Conference, David Durning, president and CEO of Prudential Mortgage Capital Co., explains Prudential’s targets for balance sheet, Fannie Mae, Freddie Mac and FHA, CMBS and bridge financing for 2013.
Will the CMBS Comeback Be Derailed — Again?
There is some confidence now that a sudden evaporation of conduit financing is less likely this time around because the economic recovery appears to have legs.…
NY Life Finances LaSalle Investment Management’s Onterie Center Purchase
LaSalle Investment Management Inc. landed $125 million in financing from New York Life Insurance Co. for the acquisition of the mixed-use Onterie Center in Chicago. …
Special Report: Commercial Mortgages Returned 4.7% for Life Companies, Pension Funds in 2012
Life companies and pension funds increased their market share of commercial property financing last year despite ongoing industry deleveraging, according to the Giliberto-Levy Commercial Performance Index, and the mortgage loans yielded a total return of 4.7 percent for the institutions in 2012. …
Financing the Largest FHA 221(d)(4) in Texas
Bud Malone, CEO of Mortgages USA, describes how he was able to take on a loan that other lenders had declined.
