News:
Brokerage
Posted: October 3, 2008
Adams of Capmark refinances $21.5m for 11-story Norfolk Tower
Capmark Finance Inc. originated $21.5 million in interim, floating rate debt for the refinance of Norfolk Tower, an office building in the Greenway Plaza submarket. The three-year, 75% LTV loan is interest-only. Located on 2.5 acres at 2211 Norfolk St., the Norfolk Tower is an 11-story, class B+ office building with 206,671 s/f of rentable area. Senior VP Jim Adams of the Capmark Finance Houston office originated the financing. The borrower was an affiliate of Younan Properties Inc.
Tags:
Brokerage
MORE FROM Brokerage
Cleeman Realty Grp. closes 453,350 s/f Wegmans portfolio in Upstate NY
Hornell, NY A Wegmans Portfolio, a 453,350 s/f grocery-anchored retail portfolio comprising Hornell Plaza in Hornell, and Genesee Valley Shopping Center in in Geneseo.
Quick Hits
 (2).gif)
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
.gif)