PCCP, LLC Provides $38.72M to Recapitalize Burr Ridge Village Center in Illinois

December 20, 2011 PCCP, LLC has provided a $38.72 million senior loan to finance the note purchase and provide funds for completion and leasing costs for Burr Ridge Village Center, a mixed-used property located at 1000 Village Center Drive in Burr Ridge Ill, a southwestern Chicago suburb. The owner of the property is an entity managed by Founders Properties. Read more...

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HFF secures $21 million refinancing for grocery-anchored retail center in Oswego

December 09, 2011 HFF has secured a $21 million refinancing for Oswego Commons, a 187,656-square-foot, grocery-anchored retail center in Oswego, Ill. Read more...

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Industry veterans launch new commercial lender

November 17, 2011 Backed by two partners who have closed more than $2 billion in loans combined during their careers, Silver Arch Capital Partners has been launched as a nationwide direct lender to the commercial real estate market. Read more...

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Michigan’s Bloomfield Capital funds $1.5 million loan in Ohio

November 16, 2011 Birmingham, Mich.-based Bloomfield Capital recently funded a $1.5 million senior bridge loan in Dayton, Ohio. Read more...

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Ed Wlodarczyk: Pricing adjustments await commercial real estate in 2012

November 11, 2011 Commercial Real Estate activity has been slowly improving for the past few years, but underlying fundamentals are far from strong. As 2012 approaches, billions of dollars of CMBS loans are coming due and it is still uncertain as to how this refinancing will be handled. Read more...

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NorthMarq arranges multiple refinances in Midwest

November 10, 2011 NorthMarq Capital has arranged for two mortgage refinances in the Midwest. The firm arranged a $2.1 million mortgage refinance for a furniture store in Chicago and a $5.75 million mortgage refinance for a multifamily facility in Omaha. Read more...

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Minneapolis’ Dougherty Funding closes loan for train-loading facility in North Dakota

November 04, 2011 Minneapolis' Dougherty Funding recently closed a construction loan for the first phase of multiple-shipper train-loading facility in Dickinson, N.D. Read more...

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CMBS Delinquency Rate Increases for Second Straight Month

November 02, 2011 The CMBS delinquency rate moved significantly higher in October as investors continued to ask whether the glass was three quarters empty or one quarter full. Read more...

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Core properties continue to perform as third quarter National Property Index remain positive

October 26, 2011 The National Council of Real Estate Investment Fiduciaries has reported that its National Property Index recorded its seventh consecutive quarter of positive total return in the third quarter of 2011. Total returns for the third quarter were 3.30 percent; comprised of a 1.46 percent income return and a 1.83 percent capital appreciation return. Read more...

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Aries Capital secures $45.3M loan for 105 W. Adams

October 12, 2011 Aries Capital has secured a $45.3 million first mortgage loan for the Clark Adams Building located at 105 W. Adams in Chicago’s Central Business District. The firm’s Senior Vice President, Jeff Bucaro, was the originator. Read more...

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