Financial Digest

Tepedino, Brome, Morningstar, and Scandalios of HFF complete $94m refinance

The New York and Hartford offices of Holliday Fenoglio Fowler, L.P. (HFF) have arranged a $94 million refinancing for Riverbank West, a 44-s...

What to expect: Commercial real estate mortgage markets in 2009 to be a challenge

With the United States economy in a recession for over a year now, we are undoubtedly feeling the impact of easy money from recent years. Co...

Five important questions to ask when managing a real estate portfolio during an economic downturn

Property owners, investors and commercial real estate portfolio managers are probably feeling glum these days as they watch incomes drop and...

The what of buying commercial properties: An insight of multi-tenanted office buildings

I believe it is time to open up to the idea of diversification in our real estate portfolios. It is important to understand that assets clas...

Why choose OREXCO for your next 1031 exchange?

The answer is simple because of our financial security, expertise and level of customer service. Now, more than ever, choosing the right IRC...

Pergolis Swartz Assosc.arranges $9.825 million

Pergolis Swartz Associates, Inc. has completed five loans totaling $11.45 million including: * A $2.2 million land loan was obtained by Jon ...

All-cash equals a competitive advantage for some tenant-in-common (TIC) sponsors

Access to affordable capital has become a key differential in the tenant-in-common (TIC) industry these days. TIC sponsors who are able to u...

NCB arranges $38 million for 27 N.Y. area props.

According to Edward Howe III, managing director of the NCB N.Y. office, the bank originated $38 million in financing for 27 area properties....

Stewart and Morris of Cronheim finance $6m for 128-unit multifamily

Andrew Stewart and Dev Morris of David Cronheim Mortgage Corp. have secured financing of $6 million for a 128-unit multifamily property loca...

PNC ARCS closes $2.1 million loan in N.Y.

PNC ARCS, a PNC Real Estate Finance company completed a $2.1 million loan for the Central Park South Apartments, a 37-unit property. Built i...