Landauer Associates, which has been selling mortgages on the secondary market for three years, will soon launch a Web site designed that allows investors to conduct thorough due diligence on loans it offers.
Boston Capital Institutional Advisers has tapped a European lender to provide it with $135 million to acquire 99 High St., a Boston office building, for $168.5 million. The financing was arranged by Greenwich Group.
Sam Guss becomes the third high-ranking executive to leave Sonnenblick-Goldman. He will head up Kennedy-Wilson's east coast investment-sales operation.
The two new CMBS deals came right on top of each other. The Chase deal has more than 50 percent of its collateral contributed by G.E. Capital. The Salomon deal contains mostly Criimi Mae loans originated in 1998.
AMLI Commercial is looking to convert its Chicago-area land into income-producing properties. It will soon start construction of nearly 1 million sf of industrial and office buildings.
The Los Angeles investment firm has tapped Kennedy-Wilson to market a Sacramento-area property that is net leased to BankAmerica and a Torrance, Calif., retail property.
Issuers that were planning to use Duff & Phelps in coming CMBS deals are having to retrench now that Fitch IBCA is purchasing its smaller rival. One deal has already been delayed by a month.
The head of Sonnenblick-Goldman's hospitality practice has joined Jones Lang LaSalle as head of its North American hotel operation. He's filling a post that was recently vacated.
Ocwen Financial has decided to capitalize on all the real estate research it has completed. It will soon begin to offer other investors access to the data that helped it become a powerhouse in the secondary mortgage market.
Newmark & Co., a niche player in the New York real estate brokerage scene, is planning to become the top retail player in the market. It also is gearing up for an expansion outside of the city.
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© 2023 Commercial Real Estate Direct All rights reserved..