Articles by Caroline Vega
Bank of America Acquires Nearly $1B in Multifamily Loans
Bank of America is closing out the year by diving deep into the multifamily sector. The bank is acquiring $990 million in multifamily commercial real estate loans from Seattle-based HomeStreet, Bloomberg reported. A majority of […]
Eastern Union Closed Loans from 121 Lenders Across America in 2024
Brokerage Secured Commercial Mortgages in 33 States Last Year NEW YORK, Jan. 2, 2025 /PRNewswire/ — In a market beset with stubbornly high interest rates, Eastern Union — one of America’s largest commercial real estate […]
Unlock growth with unique business lending solutions and local expertise
Reach new markets with a business loan from Horizon Bank What makes Horizon unique when it comes to business lending? Our Commercial Banking Advisors are dedicated to providing comprehensive support throughout the entire loan process. […]
FOR LEASE: Springfield Neighborhood Retail Plaza
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Commercial Real Estate Looks Set to Rise in 2025, but Risks Remain
Hurt by higher interest rates, commercial real estate should see a modest rebound in 2025. Lingering inflation, however, could complicate the recovery by pushing up long-term interest rates. Industrial warehouses, a star of the sector, […]
Cohen Brothers Facing Foreclosure at 3 East 54th Street Amid High Debt – Commercial Observer
After a year of financial woes for Charles Cohen, the developer is facing even more challenges with a potential foreclosure at his office building at 3 East 54th Street. Lender Forethought Life Insurance Company recently […]
rickell Ground Lease Termination: $7M Riverfront Development
When time-sensitive opportunities arise in Miami’s competitive real estate market, experience and relationships make all the difference. DWNTWN Realty Advisors’ Tony Arellano and Andrew Dixon leveraged both of them to secure a strategic $7.75M ground […]
Loan Modifications Ramp Up At Regional Banks As They Begin Realizing Property Value Drops
Regional banks are beginning to feel the squeeze of the weakened office market, even as larger institutions are facing fewer troubled loans. Bisnow/created with assistance from OpenAI’s DALL-E The average bank with $100B or less […]
Commercial Office Building Sale Springfield MA
Strategic growth demands strategic space. When M.L. Schmitt Inc., one of Western Massachusetts’ premier electrical contractors, sought to elevate their operations through relocation, our team at Jennings Real Estate Services delivered a solution that transcended […]