Ken Hendrick

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    Following a silent spell for significant real estate development in the Las Vegas Valley, the market is now flooded with major projects that the construction sector is struggling to deliver.

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    The refinanced portfolio comprises 98.1 percent leased retail centers anchored by grocery stores, including ShopRite, Aldi, Home Depot and more. The loans include 14 fixed- and two floating-rate facilities with terms ranging from seven to 13 years.

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  • KeyBank Adds 2 New SVPs

    Allison Recker and Sarah Johnson bring approximately 26 years of experience in commercial real estate finance and lending. They will be based in KeyBank’s Denver office.

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    The company will move its employees into United Properties’ soon-to-be redesigned, 33-story tower located in downtown Minneapolis. The mixed-use project will include office space, a hotel and residential condos.

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  • Stellar September Showing Lifts US Hotels to New Heights

    Figures for occupancy rate, average daily rate and revenue per available room over the first nine months of the year illustrate the resiliency and strength of broad economic trends driving travel and hotel performance, according to hotel data firm STR.

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