MRP Realty

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    The senior loan went to a joint venture of Angelo Gordon and Lincoln Property Co. for their recent acquisition of four properties totaling 540,000 square feet in Newport Beach and Irvine, Calif.

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    With more than 15 years of industry experience, Anthony Valenzuela—specializing in Fannie Mae and Freddie Mac loans—will work from the firm’s Phoenix office.

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  • Bridge Leases 750 KSF Chicago-Area Industrial Space

    The three properties in Cicero, Waukegan and Franklin Park are currently under construction, with delivery slated by the end of 2018.

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    The latest report from The Boulder Group attributes rising cap rates in part to a drop in the average remaining lease term at some stores. Meanwhile, institutional investors continue to lose interest in the sector, which nonetheless remains healthy.

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