Banks, debt funds and mortgage REITs are competing aggressively for construction loans nationally. Generally, non-recourse LTCs have been increasing on most product types with traditional banks considering requests up to 60-70% LTC and debt funds going as high as 80-90% for the right borrowers, markets, and business plan.
In the latest report from Cushman & Wakefield's Valuation & Advisory Retail practice, we observed existing retail in select urban geographies (Northern California/Bay Area, Southern California, and New York City) to gauge the upper limits of retail inventory.
Laird Norton was interested the Clearwater Building, with 107,000 square feet of office space and 19,000 square feet of retail, after seeing a listing late last year from Cushman & Wakefield Pacific, Anderson said. During discussions on that building, the company learned that Gardner Co. was also willing to sell the US Bank Plaza.
Axe Throwing Bars. Dating App Cafes. Furniture Store Hotels. Shopping Center Coworking. Food Halls. Banking Cafes. Float Rooms. Escape Rooms...
Alex joined the company 13 years ago and has been involved in over $500,000,000 of sale & lease transactions, as well as donating his time to numerous local non-profits. We appreciate his service to our company and community!
For the first time in this cycle, the monthly yield curve spread in U.S. Treasury markets turned negative, warranting a closer look at this widely tracked metric. Yield curve inversions do not cause recessions—but have been good predictors of downturns in the past. There is no recession today; nor is one likely any time soon. In fact, the expansion is expected to continue and become the longest in history. Commercial real estate market performance is anticipated to remain strong, with opportunities for CRE participants to re-engineer their debt and property portfolios.
Global economic growth has downshifted. While slowdowns are uncomfortable, they are also necessary and yield benefits. The Global Macro Forecast report analyzes multiple factors contributing to economic slowdown and what they mean for property markets around the world.
Raising Cane’s is expected to open its second location in Bakersfield later this year.
The chicken-focused eatery has applied for a permit with the city to demolish the old Mimi’s Cafe at 4025 California Ave., which has been vacant for the past few years, with a plan to build a new 4,328-square-foot restaurant on the site.